Defining Ag Data Ownership
Mon, Nov 13, 2017 2:00 PM EST
With ever-increasing amounts and types of data being generated on farms, and real value created from it, who controls and has access to the various data sets? These include yield and as-applied maps, soil test results, various sensor readings, tractors/implements beaming up engine and other data — and more. Data is being generated by farmers, input suppliers, and often being managed by a data service provider. Our panel members will stimulate your thinking on how you manage and provide access to data in your business or on your farms.
Approved for 1 CEU in Professional Development.
by Tara Miko
FROM two staff to a team of 20, AGT Foods Australia has come a long way building its export links around the world – and it’s all been done from Toowoomba.
Its Margaret St head office oversees its Australian operations under parent company AGT Foods and Ingredients, a Canadian conglomerate with a strong reputation as a reliable global trader.
Its from downtown Toowoomba that CEO Peter Wilson often works, but it’s just as easy for him to catch a flight to link up with his global clients and colleagues.
And it’s that connectivity that has given AGT Foods Australia an edge enough to win the state’s Export Award in the agribusiness category.
“We can run a national business from Toowoomba because of the airport and that means all of my assets are accessible to me, as well as international travel.
“We’ve got a great team here in Toowoomba, with the other regional locations and they’re all combining at the right time to be running a leading export operation.”
Having won the Exports Award for agribusiness ahead of a competitive field of national exporters, Mr Wilson said the nod “goes to the heart” of what the company was trying to build from its Toowoomba headquarters.
Tanu Pandey October 24, 2017 Sydney-based private equity (PE) firm Quadrant is divesting its majority stake in Australian pet supplies firm Real Pet Food Company to Asian investor group that includes Chinese PE Hosen Capital, Singapore investment company Temasek and China’s largest private agribusiness firm New Hope Group. In a deal that values the company at $781.9 million (A$1 billion), Quadrant will exit an investment in Real Pet Food that it made in 2015 to become the majority shareholder of the Australia and New Zealand pet food firm. The $320.6 million (A$ 410 million) investment at that time was alongside the founding Quinn family and the management.
This year’s global farm chemical industry mega-mergers will create companies which are too big to drive the sort of innovation farmers need, says a European panel of specialists on health, nutrition, rural livelihood and the environment.
Dominant agribusiness firms have become too big to feed humanity sustainably and too big to operate on equitable terms with other food system players according to the International Panel of Experts on Sustainable Food Systems (IPES-Food) in Belgium.
The organisation, established two years ago with an independent membership of experts in agriculture and community sustainability, predicts mergers between Dow and Dupont, Bayer and Monsanto and the recent ChemChina acquisition of chemistry and seed giant, Syngenta, will push farmers’ costs up.
Food will eventually become more expensive to buy, said Canadian and lead author of a report just launched by IPES-Food, Pat Mooney.
“If the deals on the table go ahead, three firms will control more than 60 per cent of global seed and pesticide markets,” he said.
IPES-Food also highlighted powerful global consolidation activity in the livestock genetics, farm machinery and food processing sectors