Where is agriculture headed? What developments will shape the future of the ag industry and which technologies will dominate agriculture? On this episode of The Forward Thinking Podcast, FCCS VP of Marketing and Communications Stephanie Barton welcomes Mitch Frazier, CEO of AgriNovus and a veteran of both the tech and ag worlds, for a conversation about what lies ahead for agriculture and the trends that will lead ag into the next decade.
Episode Insights Include:
Key developments in the recent past of ag bioscience
Over the last decade, and historically, ag has continued to improve.
Corn bushels, on average, have increased by two bushels per acre per year.
Ag is the only economy in the world that touches every person on the planet.
Innovations clearly matter in ag because more yield equals feeding more people.
From crop protection to self-driving vehicles, innovations are shaping the ag industry in exciting ways.
Animal innovations are improving health, performance, and sustainability.
This is the only economy that we are all connected to three times a day.
Advances and changes in the future of food and ag industries
The tightening global economy will force us to innovate.
Ag bioscience is going to be at the core of this innovation.
AI will play an increased role in both accelerating and accomplishing needful ag bioscience work.
Characteristics of additional change drivers
Food security is a key component of national security.
Application of digitization and AI operating systems will be critical to future success.
Innovation is critical to ensuring that the general population will continue to be fed.
The future of food security
The pandemic gave us insights into what food insecurity could look like.
Future disruption in grocery store shopping is inevitable.
Innovation connected to a broader value chain will be a key component of the future.
Sustainability will continue to be an increasingly key player.
Food opportunities in the future
American farmers are heroes who keep the world fed.
Driving value, whether nutritional, economic, or sustainable, is the next chapter of success.
The food system is driven by the collective health of the people it serves.
Healthy, nutritious food is a critical component to the collective health and safety of a country.
In the future, food security will be driven more by connectivity than proximity.
Continually driving innovations
The upcoming generation thinks differently about how to get things good, and that is a great thing.
Innovation has to be continually driven by the desire to do good and to do well.
Accelerate 2050 approaches the big questions and possibilities of the future of ag tech and farmer-led innovation.
The greatest opportunities in food and ag innovation will come when people recognize why the industry exists.
This podcast is powered by FCCS.
Connect with Mitch Frazier – Mitch Frazier
