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Sustainability, Global Trade, Climate Change – WIA Summit Covers THE Industry Topics

At its 10th anniversary event this fall, the Women in Agribusiness Summit (WIA) will continue the tradition it is known for – providing key ag industry business knowledge to help women excel in the sector.

August 3, 2021

Kelly Lockwood Primus, Opening Speaker

Kelly Lockwood Primus, Opening Speaker

BOSTON - At its 10th anniversary event this fall, the Women in Agribusiness Summit (WIA) will continue the tradition it is known for – providing key ag industry business knowledge to help women excel in the sector. This in-person conference – to be held September 21-23 at the Hyatt Regency Minneapolis – features a robust agenda, expert speakers, plenty of networking and a special off-site reception.

Opening speaker Kelly Lockwood Primus, CEO of Leading NOW, will start the business discussion with The Career Advice You Probably Didn’t Get. This presentation will include Leading NOW’s research on women’s leadership, what's missing from conventional career advice and the barriers women face in achieving executive positions.

“Through our research, we have identified traits for success in leadership. These include integrity, transparency, confidence and more, but most importantly, women need to focus on what we call The Missing 33%™,” said Lockwood Primus, who is an advisor to global organizations seeking to change mindsets, behaviors and cultures. “This is the business acumen that sets them apart, and we will discuss this in detail at the Women in Agribusiness Summit this fall.”

Others who will share the stage with Lockwood Primus include Scott Sigman, principal advisor at EASE, who will focus on connecting the dots in global trade and examining alternative transport paths; Shawn Jarosz, CEO of TradeMoves, who will speak to why international trade matters to food & ag; and Beth Sauerhaft of American Farmland Trust, who will moderate a panel of esteemed experts in a discussion on sustainability and climate change.

Interspersed with this critical industry content will be the annual highlights that the WIA community has grown to expect and anticipate: Ag Innovation Hour, Executive Profiles and the Female Producer Panel. Through these, attendees will hear from soybean and egg farmers, and a specialty meats producer. They also will gain valuable career insights from accomplished female executives and be enlightened about the latest agtech innovations that are disrupting the sector.

Other sessions at the 10th annual Women in Agribusiness Summit include:

The Fragile Ecosystem: Our Decisions Impact the World
• Understanding the Plant-Based Consumer
• Transforming the Workplace
• The Future of North American Agriculture
• Grain Industry Overview


Women in Agribusiness initiatives have fostered a year-round community of engaged executives, leaders and professional women. Learn more and register at womeninag.com , and visit us on Twitter, Facebook, and LinkedIn.

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Step Away From That Screen And On To Our Expanded Expo Floor

There's nothing like an in-person event for getting a first-hand look at the latest product innovations. So step away from that computer screen, step onto our expo floor and see live product demonstrations...Touch new products...Ask questions and gather feedback from company execs and peers in the booth

BIGGER, BETTER EXPO FLOOR OFFERS PERFECT ZOOM FATIGUE FIX!

(And some pretty great solutions for your business, too)

There's nothing like an in-person event for getting a first-hand look at the latest product innovations. So step away from that computer screen, step on to our expo floor and see live product demonstrations...Touch new products...Ask questions and gather feedback from company execs and peers in the booth.

We've significantly expanded our expo floor to bring you even more top names, established best-sellers and promising start-ups. See the latest in lighting, operating, automation and control systems, growth chambers, seed treatments, plant nutrition, greenhouse & hydroponic supplies, substrates, pest control, irrigation, equipment & design resources and so much more from companies like:

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YOUR TWO-DAY INDOOR AG-CON EXPERIENCE PACKAGE

Indoor Ag-Con is so much more than an event. It's an experience! And one you don't want to miss. Hear from 70+ speakers, network with industry peers, see the latest product innovations. Then, head back to your operation armed with actionable ideas and profitable strategies that promise to grow your business!

Register before our Early Bird Rates end on August 16, 2021 to save up to $300 on our full access pass. And if your plans change, no worries! Passes are completely refundable prior to September 27, 2021, and include:

  • All Keynotes, Morning Conference Sessions, Afternoon Panels

  • Expo Floor Access

  • Welcome Gift Bag

  • Complimentary On-Demand Access to In-Depth, 2-Day "Financing Indoor Ag Seed To Scale" webinar

  • White Paper From The Packer & PMG presenting the latest research on indoor growing & sustainability

  • Lunch Daily

  • Show Floor Cocktail Receptions

  • Event App

  • Access to Indoor Ag-Con Library

REGISTER NOW & SAVE UP TO $300

OUR SAFETY PROMISE  

Your health and safety are priority one at Indoor Ag-Con Orlando.
Rest assured that the Indoor Ag-Con team is closely monitoring the
guidelines issued by the CDC, state and local officials. We're working with our venue partner, Hilton Orlando, to provide you with a safe and
productive environment to conduct business.

SPECIAL THANKS TO OUR INDOOR AG-CON SPONSORS,
MEDIA & MARKETING ALLIES

Indoor Ag-Con, 3834 Silvestri Lane, Las Vegas, NV 89120, United States

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Can A New Initiative Spur Agricultural Revolution In Alaska?

When Eva Dawn Burk first saw Calypso Farm and Ecology Center in 2019, she felt enchanted. Calypso is an educational farm tucked away in a boreal forest in Ester, Alaska, near Fairbanks

By Max Graham

July 6, 2021

This story by Max Graham originally appeared in High Country News and is republished here as part of Covering Climate Now, a global journalism collaboration strengthening coverage of the climate story.

When Eva Dawn Burk first saw Calypso Farm and Ecology Center in 2019, she felt enchanted. Calypso is an educational farm tucked away in a boreal forest in Ester, Alaska, near Fairbanks. To Burk, it looked like a subarctic Eden, encompassing vegetable and flower gardens, greenhouses, goats, sheep, honeybees, a nature trail, and more. In non-pandemic summers, the property teems with local kids and aspiring farmers who converge on the terraced hillside for hands-on education.

Calypso reminded Burk, 38, who is Denaakk’e and Lower Tanana Athabascan from the villages of Nenana and Manley Hot Springs, of her family’s traditional fish camp in the Alaskan Interior, where she spent childhood summers. “I just felt like I was home,” Burk said. “[Calypso] really spoke to my heart.”

Eva Dawn Burk stands on the bank of the Tanana River in late April in her home village of Nenana, AK. Burk is a graduate student at the University of Alaska Fairbanks and is developing biomass-heated greenhouses for rural Native communities. Photo credit: Brian Adams / High Country News

Eva Dawn Burk stands on the bank of the Tanana River in late April in her home village of Nenana, AK. Burk is a graduate student at the University of Alaska Fairbanks and is developing biomass-heated greenhouses for rural Native communities. Photo credit: Brian Adams / High Country News

When Burk was still young, though, her family drifted away from its traditions. As fish stocks dropped and the cost of living rose, they stopped going to fish camp. Burk studied engineering in college and, in 2007, found a stable job in the oil and gas industry at Arctic Slope Regional Corporation. But after she had a series of revelatory dreams — first of an oil spill, then of a visit from her departed grandmothers — and heard elders discussing threats to traditional food sources, Burk committed herself to advocating for tribal food sovereignty.

A few months after her first visit to Calypso, Burk became a graduate student at the University of Alaska Fairbanks, where she currently researches the link between health and traditional food practices. In 2020, Burk received the Indigenous Communities Fellowship from the Massachusetts Institute of Technology to develop a business model for implementing biomass-heated (or wood-fired) greenhouses in rural Native villages. The greenhouses will grow fresh produce year-round while also creating local jobs and mitigating wildfire risk.

The driveway leading to Calypso Farm in late April as the last of the winter’s snow melts. Photo credit: Brian Adams / High Country News

The driveway leading to Calypso Farm in late April as the last of the winter’s snow melts. Photo credit: Brian Adams / High Country News

Now, Burk is partnering with Calypso to promote local food production and combat food insecurity in Alaska Native communities. The initiative involves building partnerships with tribes to teach local tribal members, particularly youth, about agriculture and traditional knowledge. The project is still in its infancy, but Burk hopes to help spur an agricultural revolution in rural Native villages, where food costs are exorbitant and fresh produce is hard to come by.

Alaska Native communities face numerous challenges to food security. Many communities are accessible only by boat or plane, and some lack grocery stores altogether. The residents of Rampart, a small Athabascan village on the Yukon River, have to order groceries from Fairbanks, delivered by plane at 49 cents per pound plus tax, or else travel there to shop — a $202 round-trip flight, a five-hour trip by boat and truck, or a four-and-a-half-hour drive overland. Sometimes orders are delayed due to weather, or because the delivery plane is full, said Brooke Woods, chair of the Yukon River Inter-Tribal Fish Commission, who is from Rampart. “You’re getting strawberries that are molded,” Woods said. “And you’re just throwing them away in front of an elder.”

Grocery store in Nenana, AK. Photo credit: Brian Adams / High Country News

Grocery store in Nenana, AK. Photo credit: Brian Adams / High Country News

Indigenous families that depend on traditional foods, such as salmon and moose, have to contend with rapidly shifting ecosystems and declining wild food sources, largely due, according to Indigenous leaders as well as several studies, to climate change. Perhaps the biggest food challenge is the dizzying system of joint wildlife management among Alaskan tribes and the state and federal governments. In 2020, the Inuit Circumpolar Council reported that Alaskan Inuit “recognized the lack of decision-making power and management authority to be the greatest threat to Inuit food security.” Last summer, during a pandemic-related food crisis, the Tlingit village of Kake had to get federal approval before tribal members could hunt on the land around their community, as High Country News reported.

“This is work that has to be done by us, by people in the community, not from the outside.”

Despite the clear and unique obstacles to food security for many families, a 2018 review in the International Journal of Circumpolar Health found that “studies that estimate the prevalence of food insecurity in remote Alaska Native communities … are virtually absent from the literature.” The limited and outdated data available indicates that about 19 percent of the Alaska Native population — 25 percent in rural areas — experiences food insecurity, compared to 10.5 percent of the total population nationwide, according to the USDA.

Burk is not the first to look to growing food locally as a solution. Over the last two decades, several Indigenous-led agricultural projects have emerged across Alaska. Burk’s vision, however, is particularly ambitious: In addition to building community gardens and year-round greenhouses, she wants to form a statewide network of Indigenous farmers.

Susan Willstrud, co-founder of Calypso Farm, waters seedlings in late April. Photo credit: Brian Adams / High Country News

Susan Willstrud, co-founder of Calypso Farm, waters seedlings in late April. Photo credit: Brian Adams / High Country News

In late April, Burk met with Deenaalee Hodgdon and Calypso Farm staff on a sunny deck at the farm, just yards from swarms of bees delivering pollen to their hungry hive. Hodgdon, 25, founder of On the Land Media, a podcast that centers Indigenous relationships with land, is collaborating with Burk and Calypso on the farmer training initiative.

Hodgdon, who is Deg Xit’an, Sugpiaq, and Yupik, worked at Calypso as a farmhand for a summer after sixth grade. Calypso provided them a new language for working with the land. At one point during the meeting, Hodgdon motioned toward the farmland and said, “This could literally feed a lot of our villages in Alaska.”

Burk’s first target is Nenana, her hometown, where she is working with the tribal office, Native corporation, and city government to implement a community-run biomass-heated greenhouse.

The biomass-heated greenhouse at the Tok school in Tok, Alaska. Photo credit: Brian Adams / High Country News

The biomass-heated greenhouse at the Tok school in Tok, Alaska. Photo credit: Brian Adams / High Country News

The project was inspired by a wood-fueled energy system and heated greenhouse built almost a decade ago in Tok, about a four-hour drive southeast of Nenana. Many Alaskan towns have productive gardens. The growing season lasts barely 100 days, however, and only a handful have year-round growing capacity. The Tok School came up with a clever solution: The facility is powered by a massive wood boiler and steam engine, and the excess heat is piped into the greenhouse. The school has a wide array of hydroponics.

Inside the greenhouse, you could easily forget you’re in Alaska. On a brisk day in late April, when the ground outside was brown and barren, dense green rows of tomato plants, lettuce, zucchini and other salad crops reached towards the 30-foot ceiling. During one week in April, when outside temperatures dropped below minus-30 degrees Fahrenheit, greenhouse manager Michele Flagen said she harvested 75 pounds of cucumbers that the students had helped plant. Altogether, the greenhouse provides fresh produce for the district’s more than 400 students.

Nenana is at least a year away from installing its biomass system, but Burk plans to begin planting a garden next spring if the greenhouse is not yet ready.

Jeri Knabe, administrative assistant at Nenana’s tribal office, loves Burk’s plan. “I can’t wait. I’m very excited,” she said. High food costs have long been a challenge for Nenana residents, she explained: “When I was growing up, we were lucky to get an orange.”

Eva Dawn Burk’s children play with a friend in the Tanana River in Nenana, AK in late April. Photo credit: Brian Adams / High Country News

Eva Dawn Burk’s children play with a friend in the Tanana River in Nenana, AK in late April. Photo credit: Brian Adams / High Country News

Burk and Hodgdon hope to address Native food security statewide, and local community members like Knabe are central to their initiative. During their meeting at Calypso, Burk and Hodgdon emphasized that grassroots agriculture is more than a way to feed people; it’s also another step towards tribal sovereignty and self-management. “This is work that has to be done by us, by people in the community, not from the outside,” Hodgdon said.

In August 2021, the group will host its first training program for Alaska Native gardeners at Calypso. With so many greenhouses and gardens yet to be built, Burk’s latest dream has only just begun to grow. 

Lead Photo: A student-led strawberry-growing project inside the greenhouse at the Tok School. The biomass-heated greenhouse grows enough produce to feed the district’s students year-round. Photo credit: High Country News

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An Action Plan To Ensure Food Security In Kashmir

In Kashmir valley, where most farmers own less than an acre of land, any Government policy related to land acquisition, especially for “development projects”, needs to take into account the fragile mountainous environment and climatic conditions as well. At a time when the agricultural land is shrinking day by day and population on rise, what is the future of agriculture in Jammu & Kashmir especially the Kashmir valley?

By Dr Raja Muzaffar Bhat

July 9, 2021

The majority of the farmers in Jammu and Kashmir are officially recognized as marginal farmers because of very small land holdings. The agricultural landholdings in J&K was estimated at 0.55 hectares during the agriculture census 2015-16, but unofficially this is much smaller (around 0.45 hectares ). In Kashmir valley, the size is even smaller. During the 2010-2011 agriculture census, the average size of operational land holdings in India was 1.15 hectares. This figure was lower, at 0.62 hectares in Jammu and Kashmir. Districts in Kashmir valley had even lower landholding sizes than the state as a whole. Kulgam 0.39 hectares Anantnag 0.39 , Shopian 0.56, Pulwama 0.48, Srinagar 0.31, Budgam 0.43, Baramulla 0.51, Ganderbal 0.37, Kupwara 0.51, Bandipora 0.48. These figures again came down during the 2015-16 census. I have written in detail about it in past.

In Kashmir valley, where most farmers own less than an acre of land, any Government policy related to land acquisition, especially for “development projects”, needs to take into account the fragile mountainous environment and climatic conditions as well. At a time when the agricultural land is shrinking day by day and population on rise, what is the future of agriculture in Jammu & Kashmir especially the Kashmir valley?

World population by 2040

The world's overall population is expected to increase by another 2 billion by 2040. Feeding such a large population will be the most challenging task ? Scientific studies show earth has lost one- fourth of its arable lands over the last

50 years only? India has a huge population. Urbanization and industrialization is shrinking its agricultural land. The Vertical farming is the solution to these challenges. This type of farming is an innovative way of maintaining our agricultural practices. In India, vertical farming is mostly polyhouse-based farming. Poly-house farming is a protected way that gives higher productivity and yield of vegetables and fruits across India. Increasing food demand due to a growing population along with ever decreasing arable lands poses one of the greatest challenges for us. Many believe that vertical farming can be the answer to this challenge. It is believed that vertical farming is the future of agriculture. For a place like Kashmir it is indeed the solution to ensure food security in future

What Is Vertical Farming ?

Vertical farming is the practice of producing food on vertically inclined surfaces. Instead of farming vegetables and other foods on a single level, such as in a field or a greenhouse, this method produces foods in vertically stacked layers commonly integrated into other structures like a skyscraper, shipping container or repurposed warehouse. Using Controlled Environment Agriculture (CEA) technology. This modern idea uses indoor farming techniques. The artificial control of temperature, light, humidity, and gases makes producing foods and medicine indoor possible. In many ways, vertical farming is similar to greenhouses where metal reflectors and artificial lighting augment natural sunlight. The primary goal of vertical farming is maximizing crops output in a limited space.

Firstly, the primary goal of vertical farming is producing more foods per square meter. To accomplish this goal, crops are cultivated in stacked layers in a tower life structure. Secondly, a perfect combination of natural and artificial lights is used to maintain the perfect light level in the room. Technologies such as rotating beds are used to improve lighting efficiency. Thirdly, instead of soil, aeroponic, aquaponic or hydroponic growing mediums are used. Peat moss or coconut husks and similar non-soil mediums are very common in vertical farming. Finally, the vertical farming method uses various sustainability features to offset the energy cost of farming. In fact, vertical farming uses 95% less water.

Vertical farming in J&K

As discussed above the agricultural land holding in Jammu & Kashmir is very less. The government is in the process of acquiring more and more agricultural land for highways and transmission lines. More than than 800 acres of highly fertile agriculture land is being acquired for the Srinagar Ring Semi Road project. Budgam alone is loosing more than 600 acres of vegetable, paddy and orchard land (4800 kanals). Right to Fair compensation act which is applicable in J&K post article 370 abrogation is not applied as the 2017 notification has become null and void due to efflux of time. Dozens of villages in Pulwama, Budgam, Srinagar and Ganderbal are affected by the land acquisition process for this project. We already lost a lot of agricultural land during construction of Qazigund – Baramulla railway line. Due to urbanization a lot of paddy fields were converted into housing colonies around Srinagar, Budgam and Ganderbal districts. Shopping malls, hospitals, schools have come up on agricultural land. Have we ever thought about our future generation ? Will people in Kashmir valley be able to grow vegetables or paddy in 2050 ? No not at all. What is the solution? Why are our agri –scientists and researchers not coming forward and guiding people on vertical farming?

Advantages of Vertical farming

Vertical farming has a lot of advantages. However, there are some challenges as well. The advantages are listed below :

  • Preparation for the Future:
    In the next 30 to 35 years around 70 % of the world population is expected to live in urban areas, and the population growth will demand more food. The efficient use of vertical farming may perhaps play a significant role in facing such challenges.

  • Year-Round Crop Production:

The vertical farming ensures to produce more crops from the same square footage of growing area. In fact, 1 acre (8 kanals) of an indoor area offers equivalent production to at least 4-6 acres of outdoor capacity. According to an estimate, a 30-story building with a base area of 5 acres can potentially produce an equivalent of 2,400 acres of conventional horizontal farming. Additionally, year-round crop production is possible in a controlled indoor environment which is completely controlled by vertical farming technologies. This is indeed a very useful technique for a place like Kashmir in view of shrinking farm lands and harsh winter months. Vertical farming allows us to produce crops with 70% to 95% less water than required for normal cultivation.

  • Production of Organic Crops:

As crops are produced in a well-controlled indoor environment without the use of chemical pesticides, vertical farming allows us to grow pesticide-free and organic crops. Indoor vertical farming can significantly lessen the occupational hazards associated with traditional farming. Farmers are not exposed to hazards related to heavy farming equipment, diseases like malaria, poisonous chemicals and so on. As it does not disturb animals and trees inland areas, it is good for biodiversity as well

Challenges

  • Difficulties with Pollination

Vertical farming takes place in a controlled environment without the presence of insects. As such, the pollination process needs to be done manually, which will be labor intensive and costly.

  • Labor Costs

As high as energy costs are in vertical farming, labour costs can be even higher due to their concentration in urban centers where wages are higher, as well as the need for more skilled labor. Automation in vertical farms, however, may lead to the need for fewer workers. Manual pollination may become one of the more labor-intensive functions in vertical farms.

Conclusion

The constant shrinking of agriculture land is a big challenge at global level as discussed above. For a place like Kashmir valley the shrinking of agricultural land due to urbanization and population growth will lead to food crises in future. Vertical farming is the only hope now and our agriculture scientists, universities and research institutions need to shift their focus on vertical farming....

Disclaimer: The views and opinions expressed in this article are the personal opinions of the author. The facts, analysis, assumptions and perspective appearing in the article do not reflect the views of GK.

Lead Photo: Why are our agri-scientists not coming forward, and guiding people on vertical farming?

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Vertical Farming Startup Oishii Raises $50m In Series A Funding

“We aim to be the largest strawberry producer in the world, and this capital allows us to bring the best-tasting, healthiest berry to everyone.”

food bev.png

By Sian Yates

03/11/2021

Oishii, a vertical farming startup based in New Jersey, has raised $50 million during a Series A funding round led by Sparx Group’s Mirai Creation Fund II.

The funds will enable Oishii to open vertical strawberry farms in new markets, expand its flagship farm outside of Manhattan, and accelerate its investment in R&D.

“Our mission is to change the way we grow food. We set out to deliver exceptionally delicious and sustainable produce,” said Oishii CEO Hiroki Koga. “We started with the strawberry – a fruit that routinely tops the dirty dozen of most pesticide-riddled crops – as it has long been considered the ‘holy grail’ of vertical farming.”

“We aim to be the largest strawberry producer in the world, and this capital allows us to bring the best-tasting, healthiest berry to everyone. From there, we’ll quickly expand into new fruits and produce,” he added.

Oishii is already known for its innovative farming techniques that have enabled the company to “perfect the strawberry,” while its proprietary and first-of-its-kind pollination method is conducted naturally with bees.

The company’s vertical farms feature zero pesticides and produce ripe fruit all year round, using less water and land than traditional agricultural methods.

“Oishii is the farm of the future,” said Sparx Group president and Group CEO Shuhei Abe. “The cultivation and pollination techniques the company has developed set them well apart from the industry, positioning Oishii to quickly revolutionise agriculture as we know it.”

The company has raised a total of $55 million since its founding in 2016.

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The Stock Market Discovers Indoor Ag In A Big Way

Special purpose acquisition companies are a faster cheaper way to raise company funds than the traditional IPO process. What role may they play in our ever growing vertical farming industry?

Robinhood antics aside, there’s no hotter topic in finance right now than SPACs (special purpose acquisition companies), and even indoor agriculture has become caught up in the buzz.

SPACs, or special purpose acquisition corporations, are a shell company that lists itself on a stock exchange and then uses the listing proceeds to acquire or merge with another company. It’s an attractive route to raising funds for companies looking for a faster and cheaper way to list than the rigours of the traditional IPO process. 

spac1.jpg

Though SPACs have been around since the 1990s, they have had a reputation for being “the buyer of last resort”, primarily owing to a spate of failures in the early 2000s. The approach has once more taken off in recent years. There was nearly 8x as much raised in 2020 as in 2018, and 2021’s total has already surpassed last year’s[1]. The approach has become so hot that even Goldman Sachs junior investment bankers recently complained that they were burned out by the sheer volume of SPACs they’re working on[2]. 

This newfound enthusiasm is generally traced to a combination of tighter SEC regulations, efforts by cash-rich private equity companies to exit portfolio companies and fewer traditional IPO listings. Higher quality sponsors, such as 40-year old private equity firm Thoma Bravo, lead some to believe that things are different this time around.  The lustre of famous SPAC participants – such as baseball player A-Rod and basketball legend Shaquille O’Neal – has helped things along.  

Detractors point to post-listing underperformance by SPACs, high fees to sponsors and opaqueness around the acquisition of companies.  SPAC rules mean that institutional investors sometimes get to see information on potential acquisitions ahead of retail investors.[3] On a recent Clubhouse chat, one investor compared SPACs to the risky no-revenue internet listings of the late 1990s. Another questioned whether retail investors’ appetite for such vehicles would cause greater market volatility[4].

Dan Bienvenue, the interim CEO of mega public pension fund CALPERs, recently described SPACs as “fraught with potential misalignment, potential governance issues”.[5] That said, similar dire warnings have accompanied the rise of many a new approach in finance, most recently equity crowdfunding, and have proven wrong as often as right.

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As is so often the case in indoor agriculture, cannabis companies have led the way when it comes to SPACs, generally listing in Canada owing to the US federal prohibition on the crop. One example is Choice Consolidation Corp, which raised $150mm in February, and says that it plans to acquire “existing strong single-state operators”[6].

Historically, food-focused indoor agriculture companies have sourced little of their capital from public markets, preferring instead to work with private equity and strategic investors. To be sure, there is a small cadre of listed CEA firms, such as Canadian greenhouse operator Village Farms (TSE: VFF) and Canadian grow system tech company CubicFarm Systems Corp (TSXV: CUB) are exceptions to this rule.

All of that changed last month when Kentucky-based greenhouse company AppHarvest raised $475mm through NASDAQ listed SPAC Novus Capital. The funds will fuel the expansion of up to a dozen new farms through 2025.

Naturally, the move has led to speculation that vertical farms and greenhouses will follow suit, though it’s worth noting that the rules that govern SPACs aren’t necessarily friendly to CEA companies. They favour large, highly valued companies that easily capture the attention of retail investors, and those are not plentiful in CEA.  

Regardless of whether the SPAC trend becomes a permanent feature of the indoor farm fundraising landscape, one more method of accessing capital for CEA can only be a good thing. For the moment at least.

contain.jpg

For more information:
Contain
www.contain.ag

Note: None of the above constitutes investment advice.

Sources:
[1] SPACInsider figures
[2] “Goldman’s junior bankers complain of crushing workload amid SPAC-fueled boom in Wall Street deals”, CNBC, March 18, 2021
[3] For instance, where a PIPE is being considered by the SPAC
[4] “SPACS: IPO 2.0 & Agrifoodtech Exits”, March 4, 2021
[5] “CalPERS’ Bienvenue: SPACs are fraught with potential misalignment”, Private Equity International, March 16, 2021
[6] “New cannabis SPAC raises $150 million in IPO for US acquisitions”, Marijuana Business Daily, February 19, 2021

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Publication date: Wed 24 Mar 2021
Author: Rebekka Boekhout
© VerticalFarmDaily.com

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A New FEZ "Karakalpak-Agro" Established In Uzbekistan

“….increasing the production of agricultural products, expanding its deep processing and increasing exports, effectively using the production potential of the region…”

Tashkent, Uzbekistan (UzDaily.com) - The Cabinet of Ministers adopted a resolution”On measures to organize the activities of the free economic zone “Karakalpak-Agro”.

In accordance with the decree of the President “On measures for the comprehensive socio-economic development of the Republic of Karakalpakstan in 2020–2023” on an area of 875.4 hectares in Amu Darya, Buzatausky, Kegeili, Konlikul, Kushgirot, Muynak, Nukus , Takhiatash, Turtkul, Khodjeyli, Shumanai and Ellikala districts, the SEZ "Karakalpak-agro" was created.

The functions of managing the activities of the FEZ "Karakalpak-Agro" are assigned to the State Unitary Enterprise "Directorate of the free economic zone" Nukus ".

The main tasks and directions of the SEZ "Karakalpak-Agro":

- attracting direct foreign and domestic investments for organizing modern greenhouses on a cluster basis, including hydroponic ones, as well as organizing the production of structures, equipment and other components for the construction of modern energy-efficient greenhouses;

- increasing the production of agricultural products, expanding its deep processing and increasing exports, effectively using the production potential of the region;

- encouraging the organization of the complete process of agricultural production from seeds to delivery to the market;

- introduction of effective mechanisms for providing greenhouses with seeds and seedlings of high-yielding crops demanded by the market, by creating conditions for organizing nurseries, as well as seed production;

- formation of a modern infrastructure for the provision of logistics services, assistance to agricultural producers in organizing the export of their products;

- widespread introduction of modern resource-saving technologies, the use of alternative sources of thermal energy in the organization of greenhouses;

- creation of research and production centers to assess the compliance of products with international standards.

The Council of Ministers of Karakalpakstan, together with the Ministry of Investments and Foreign Trade, the Chamber of Commerce and Industry and commercial banks, was instructed to develop a targeted program of facilities for the production of structures for greenhouses on the territory of Karakalpak-Agro within two months, with the allocation of vacant non-agricultural land.

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Little Leaf Farms Raises $90M to Grow Its Greenhouse Network

Massachusetts-based Little Leaf Farms has raised $90 million in a debt and equity financing round to expand its network of hydroponic greenhouses on the East Coast. The round was led by Equilibrium Capital as well as founding investors Bill Helman and Pilot House Associates. Bank of America also participated.

by Jennifer Marston

Image from: Little Leaf Farms

Image from: Little Leaf Farms

Massachusetts-based Little Leaf Farms has raised $90 million in a debt and equity financing round to expand its network of hydroponic greenhouses on the East Coast. The round was led by Equilibrium Capital as well as founding investors Bill Helman and Pilot House Associates. Bank of America also participated.

Little Leaf Farms says the capital is “earmarked” to build new greenhouse sites along the East Coast, where its lettuce is currently available in about 2,500 stores. 

The company already operates one 10-acre greenhouse in Devins, Massachusetts. Its facility grows leafy greens using hydroponics and a mixture of sunlight supplemented by LED-powered grow lights. Rainwater captured from the facility’s roof provides most of the water used on the farm. 

According to a press release, Little Leaf Farms has doubled its retail sales to $38 million since 2019. And last year, the company bought180 acres of land in Pennsylvania on which to build an additional facility. Still another greenhouse, slated for North Carolina, will serve the Southeast region of the U.S. 

Little Leaf Farms joins the likes of Revol GreensGotham GreensAppHarvest, and others in bringing local(ish) greens to a greater percentage of the population. These facilities generally pack and ship their greens on the day of or day after harvesting, and only supply retailers within a certain radius. Little Leaf Farms, for example, currently servers only parts of Massachusetts, Pennsylvania, New York, and New Jersey. 

The list of regions the company serves will no doubt lengthen as the company builds up its greenhouse network in the coming months.

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Yasai To Establish First Zürich Vertical Farm, Strategic Partnership Announced

iFarm with Yasai AG (Switzerland) and Logiqs B.V. (Netherlands) are proud to announce the beginning of a long-term cooperation. With the launch of the first vertical farm project in Zurich, Yasai AG announced the signing of a strategic agreement with equipment and tech suppliers

Image from: Urban Ag News

Image from: Urban Ag News

iFarm with Yasai AG (Switzerland) and Logiqs B.V. (Netherlands) are proud to announce the beginning of a long-term cooperation.  

With the launch of the first vertical farm project in Zurich, Yasai AG announced the signing of a strategic agreement with equipment and tech suppliers. The company involved Logiqs and iFarm as technology partners in the construction of a pilot facility, with 673 sq. m of growing area and with a design capacity of 20 tons of fresh herbs per year.  

The Dutch company Logiqs will act as a supplier of automated shelving systems and grow lights. iFarm will supply the nutrient solution management system, climate control equipment, and the Growtune software platform which enables flow chart implementation and control over production conditions and processes. Going forward, the partners plan to scale up the experience of rapidly constructing an automated, compact, high-performance vertical farm, gained in a Swiss project, across the globe.

Image from: Urban Ag News

Image from: Urban Ag News

Mark Essam Zahran (co-founder Yasai):

The project will not just be limited to the testing and fine-tuning of state-of-the-art innovative solutions.  We expect to lay the groundwork for large-scale industrial vertical farming in smart cities and showcase the incredible benefits of a circular economy. A plantation in the largest Swiss city, one of the most expensive cities in the world, will help us assess the economic prospects and give other European cities an example of how to produce an abundant yield without harming the planet, plants, and people.

Gert-Jan van Staalduinen (owner Logiqs):

The Swiss project opens up interesting prospects for us. We expect a fruitful collaboration with Yasai experts and a beneficial exchange of best practices with iFarm. With our vast experience in implementing automation and logistics systems on farms, we will be able to build a technologically advanced farm in the very heart of Europe. 

Kirill Zelenski (CEO iFarm Europe):

We appreciate how meticulous and scrupulous Yasai is and are impressed by their passion and drive. We are just as inspired by the prospect of working with seasoned professionals from Logiqs. We hope that our software technologies will perfectly complement their hardware and the project as a whole will become a lasting benchmark for the industry and will serve as the beginning of a long-term cooperation.  

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Smart Agriculture Startup Bowery Farming Hires A Google Veteran As CTO

The hire comes after a year of accelerated growth at Bowery, with retail sales at outlets like Whole Foods rising 600% and e-commerce sales via Amazon and others increasing fourfold, the company says, while declining to disclose its actual sales or production figures.

BY AARON PRESSMAN

One goal of high-tech indoor farming startup Bowery Farming is to use artificial intelligence and machine learning to enhance its crop yields and reduce costs. So the five-year-old Manhattan-based company has hired Google and Samsung veteran Injong Rhee as its new chief technology officer.

Rhee, who was previously Internet of Things VP at Google and chief technologist at Samsung Mobile, will focus on improving Bowery’s computer-vision system and other sensors that analyze when plants need water and nutrients, while also looking to apply the company’s accumulated historical data to new problems.

Bowery grow room near Baltimore

“Agriculture is sitting at the crux of the world’s most challenging problems like food shortages, climate change, water shortages, a lack of arable space,” Rhee tells Fortune about his decision to join the startup. “These are very challenging problems, and all of these are relevant to what Bowery tackles every day. Any advances we make here lead to a better world.”

There’s also the matter of the kale, Rhee adds.

Bowery so far has focused on growing and selling green leafy vegetables like lettuce, arugula, and kale, though it aims to add other categories of produce soon. “It was an eye-popping experience,” Rhee says of his first time trying Bowery’s kale. “How can it be so sweet and so crunchy. That was amazing.”

The hire comes after a year of accelerated growth at Bowery, with retail sales at outlets like Whole Foods rising 600% and e-commerce sales via Amazon and others increasing fourfold, the company says, while declining to disclose its actual sales or production figures. With two large warehouse-size farms in operation, in New Jersey and Maryland, Bowery is on the verge of opening its third indoor growing center in Bethlehem, Pa. The startup claims its high-tech methods, though more expensive than growing outdoors, create farms that are more than 100 times as productive per square foot as traditional outdoor farms.

“COVID was an accelerator of trends,” Bowery CEO and founder Irving Fain says. The pandemic disrupted food supply chains stretching across the globe, giving an advantage to Bowery, which sells its produce within just a few hundred miles of each farm, he says. “That amplified and accelerated a trend towards simplifying supply chains, and creating a surety of supply.”

But Bowery also faces a host of competitors, from other indoor farming startups like AeroFarms and Gotham Greens, to more traditional ag companies like John Deere and Bayer’s Monsanto, all fueling a movement toward precision farming. If one-quarter of farms worldwide adopted precision agriculture using A.I. and other data-crunching methods by 2030, farmers’ annual expenses would decline by $100 billion, or as much as 4% of the sector’s total expenses, while saving water and reducing greenhouse gas emissions, a recent study by McKinsey found.

Rhee spent 15 years as a professor of computer science at North Carolina State University, where he helped develop core Internet standards for transporting data at high speeds. He joined Samsung in 2011 where he helped lead a wide range of projects including the Bixby digital assistant, Knox security app, and Samsung Pay mobile payments service. He moved to Google in 2018 as an entrepreneur-in-residence to focus on Internet of Things projects.

Bowery has raised over $170 million in venture capital from a mix of tech figures like Amazon consumer CEO Jeff Wilke and Uber CEO Dara Khosrowshahi, well-known restaurateurs such as Tom Colicchio and David Barber, and venture capital firms including Temasek, GV, and General Catalyst.

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Bringing The Future To life In Abu Dhabi

A cluster of shipping containers in a city centre is about the last place you’d expect to find salad growing. Yet for the past year, vertical farming startup Madar Farms has been using this site in Masdar City, Abu Dhabi, to grow leafy green vegetables using 95 per cent less water than traditional agriculture

Amid the deserts of Abu Dhabi, a new wave of entrepreneurs and innovators are sowing the seeds of a more sustainable future.

Image from: Wired

Image from: Wired

A cluster of shipping containers in a city centre is about the last place you’d expect to find salad growing. Yet for the past year, vertical farming startup Madar Farms has been using this site in Masdar City, Abu Dhabi, to grow leafy green vegetables using 95 per cent less water than traditional agriculture. 

Madar Farms is one of a number of agtech startups benefitting from a package of incentives from the Abu Dhabi Investment Office (ADIO) aimed at spurring the development of innovative solutions for sustainable desert farming. The partnership is part of ADIO’s $545 million Innovation Programme dedicated to supporting companies in high-growth areas.

“Abu Dhabi is pressing ahead with our mission to ‘turn the desert green’,” explained H.E. Dr. Tariq Bin Hendi, Director General of ADIO, in November 2020. “We have created an environment where innovative ideas can flourish and the companies we partnered with earlier this year are already propelling the growth of Abu Dhabi’s 24,000 farms.”

The pandemic has made food supply a critical concern across the entire world, combined with the effects of population growth and climate change, which are stretching the capacity of less efficient traditional farming methods. Abu Dhabi’s pioneering efforts to drive agricultural innovation have been gathering pace and look set to produce cutting-edge solutions addressing food security challenges.

Beyond work supporting the application of novel agricultural technologies, Abu Dhabi is also investing in foundational research and development to tackle this growing problem. 

In December, the emirate’s recently created Advanced Technology Research Council [ATRC], responsible for defining Abu Dhabi’s R&D strategy and establishing the emirate and the wider UAE as a desired home for advanced technology talent, announced a four-year competition with a $15 million prize for food security research. Launched through ATRC’s project management arm, ASPIRE, in partnership with the XPRIZE Foundation, the award will support the development of environmentally-friendly protein alternatives with the aim to "feed the next billion".

Image from: Madar Farms

Image from: Madar Farms

Global Challenges, Local Solutions

Food security is far from the only global challenge on the emirate’s R&D menu. In November 2020, the ATRC announced the launch of the Technology Innovation Institute (TII), created to support applied research on the key priorities of quantum research, autonomous robotics, cryptography, advanced materials, digital security, directed energy and secure systems.

“The technologies under development at TII are not randomly selected,” explains the centre’s secretary general Faisal Al Bannai. “This research will complement fields that are of national importance. Quantum technologies and cryptography are crucial for protecting critical infrastructure, for example, while directed energy research has use-cases in healthcare. But beyond this, the technologies and research of TII will have global impact.”

Future research directions will be developed by the ATRC’s ASPIRE pillar, in collaboration with stakeholders from across a diverse range of industry sectors.

“ASPIRE defines the problem, sets milestones, and monitors the progress of the projects,” Al Bannai says. “It will also make impactful decisions related to the selection of research partners and the allocation of funding, to ensure that their R&D priorities align with Abu Dhabi and the UAE's broader development goals.”

Image from: Agritecture

Image from: Agritecture

Nurturing Next-Generation Talent

To address these challenges, ATRC’s first initiative is a talent development programme, NexTech, which has begun the recruitment of 125 local researchers, who will work across 31 projects in collaboration with 23 world-leading research centres.

Alongside universities and research institutes from across the US, the UK, Europe and South America, these partners include Abu Dhabi’s own Khalifa University, and Mohamed bin Zayed University of Artificial Intelligence, the world’s first graduate-level institute focused on artificial intelligence. 

“Our aim is to up skill the researchers by allowing them to work across various disciplines in collaboration with world-renowned experts,” Al Bannai says. 

Beyond academic collaborators, TII is also working with a number of industry partners, such as hyperloop technology company, Virgin Hyperloop. Such industry collaborations, Al Bannai points out, are essential to ensuring that TII research directly tackles relevant problems and has a smooth path to commercial impact in order to fuel job creation across the UAE.

“By engaging with top global talent, universities and research institutions and industry players, TII connects an intellectual community,” he says. “This reinforces Abu Dhabi and the UAE’s status as a global hub for innovation and contributes to the broader development of the knowledge-based economy.”

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The Future of the Food Supply Chain Lives on a Rooftop in Montreal

The world’s biggest commercial rooftop greenhouse sits atop a former Sears warehouse in a semi-industrial northwestern quarter of Montreal. Early every morning, staff pick fresh vegetables, then bring them downstairs, where they get packed into heavy-duty plastic totes along with the rest of the day’s grocery orders.

Image from: Lufa Farms

Image from: Lufa Farms

The world’s biggest commercial rooftop greenhouse sits atop a former Sears warehouse in a semi-industrial northwestern quarter of Montreal. Early every morning, staff pick fresh vegetables, then bring them downstairs, where they get packed into heavy-duty plastic totes along with the rest of the day’s grocery orders.

Tablets loaded with custom pick-and-pack software tell them where to put what: This basket has lettuce, tomatoes, and cucumbers, plus some chicken, eggs, and milk. The next one has eggplant, cashew Parmesan, tomato sauce, fresh pasta, and vegan ground round crumble. Whatever Luca doesn’t grow in its four greenhouses comes from local farms and producers, mostly from within 100 miles.

This is a modern foodie’s dream: a tech-forward online shop full of locally grown, pesticide-free, ethically-sourced products at reasonable price points, delivered once a week to either your doorstep or a local pickup point in your neighborhood.

It’s stunning to think Lufa was founded by two people who’d never even grown a tomato before, let alone sold one. “We said, ‘Instead of learning how the food world works, let’s just come up with what we feel the food world should be,’” says Mohamed Hage, 39, who cofounded Lufa with Lauren Rathmell in 2009.

To them, it looked like this: rooftop greenhouses that bring agriculture into cities. No pesticides, herbicides, or fungicides. Composting their green waste. Selling direct-to-consumer the same day the food is harvested. Capturing and reusing rainwater. Reusable packaging. 

That’s exactly what they now have—and they feed a portion of Montreal, the second-biggest city in Canada, with it.

Image from: Lufa Farms

Image from: Lufa Farms

Back in the warehouse, workers poke at their tablets, checking off items as they’re packed into the boxes.

Customers—Lufavores, as the company calls them—typically place their orders a few days before delivery through the online store, dubbed “the Marketplace,” which Lufa built from scratch in 2012. That’s how Lufa’s suppliers know how much product to provide: They get forecasts first, then final order numbers, through their Lufa software. Some items, like frozen meat, can be delivered to the warehouse once a week. Others, like bread, arrive fresh every day.

Artisanal Montreal bakery la Fabrique Arhoma started supplying Lufa with bread and pastries about six years ago, co-owner Ariane Beaumont tells Fortune. Today, they hand-make 6,000 individual items a day for Lufa. Beaumont said Lufa now accounts for between 30% to 40% of her commercial sales; since pandemic shutdowns, a lot of the product destined for restaurants got redirected to Lufa. “They’re an exceptional company. I don’t know how they do it,” Beaumont says. “And they pay the fastest, too.” 

Technology is the underpinning of Lufa’s success, and the owners know it.

“We see ourselves as a technology company, in the sense that we solve with software,” Rathmell, 32, says. They didn’t really have any other choice. To fulfill that dream they had back in 2009—years before COVID-19 forced most grocery stores to enable online shopping—they had to do it themselves. 

“Nothing off-the-shelf can be applied to what we do, because it’s so complex,” Rathmell notes. “We harvest food ourselves; we gather from farmers and food makers throughout the province; most of it’s arriving just in time throughout the night to be packed in baskets for that day, and every order is fully unique.”

Lufa now has a team of eight programmers working on software and systems that manage e-commerce, warehouse management, routing, customer relationships, supplier fulfillment, pick-and-pack, vendor payments, delivery ETAs, and more. 

Those technologies were tested on that fateful Friday the 13th last March, when Quebec and Canada each announced their first waves of COVID-19 lockdowns. People panicked, rushing to the grocery store to stock up on flour and toilet paper.

Online, new sign-ups for Lufa’s weekly grocery baskets exploded, and existing subscribers began ordering more than they’d ever ordered before—all while Lufa’s pickup points were shutting down. “We essentially doubled overnight,” Rathmell recalls. Lufa was forced beyond its operational capacity, and the cracks started showing in the systems and software that had, until that point, done a fine job getting the company by.

Lufa temporarily closed the website and opened a wait list. The staff analyzed the pandemic’s trajectory and how they had to adapt at each step; reconfigured their warehouse floor to station workers further apart; then relaunched at the capacity they could handle, gradually scaling each week until they hit their usual stride. Today, they’re humming along at 25,000 baskets a week.

Leading with tech helped make them nimble and strategic during those hairy early pandemic days, said Hage and Rathmell. After some recalibrations and new developments, their software and processes can now handle more customers, vendors, and processes—critical elements as the company continues to scale its greenhouse operations. In August of 2020, Lufa opened its fourth greenhouse, doubling its square footage. The four greenhouses combined produce 57,000 pounds of food a week. A fifth is planned for this year. 

“Our objective at Lufa is to get to the point where we’re feeding everyone in the city,” Hage says.

And after Montreal? They’re planning on a yet to be determined second site in the northeastern pocket of North America, ideally this year. “Our vision is to grow food closer to where people live, and grow it more sustainably,” Rathmell says.

Image from: Lufa Farms

Image from: Lufa Farms

Bringing high-yield crop production into cities is a smart answer to many modern challenges in environmental and human health.

Mark Lefsrud, an associate professor of agricultural and environmental sciences at McGill University, points out that embracing technologies like LEDs and automation to grow indoors and in urban greenhouses means shorter supply chains, better nutritional integrity, less food waste, and reduced vulnerability to climate swings. In cities fed primarily by low-carbon energy (hydroelectricity in Montreal’s case), indoor growing versus importation becomes even more of a no-brainer.

“I’ve been working in the controlled environment and greenhouse industry for 20-some years, and having a company like Lufa has brought a lot of attention to not just urban agriculture, but also the need for greenhouse production,” Lefsrud says, adding that Lufa’s success has prompted more government investment in the sector overall.

“The Quebec government now takes this as a serious venture system, which then means that the students that I’m training, and research we’re doing here at the university, now have employment and have the possibility of setting up their own system,” says the McGill professor.

That idea, of developing more vertically integrated food systems, is a passion of Hage’s—not only for the idea of cutting out production and transformation middlemen to improve profit margins, but also to improve quality, traceability, and ultimately the ethics of food production.

“You know, every time we talk to someone about it, we feel like it’s the ’80s, and we’re holding a big solar panel trying to convince the room that this is the future,” Hage says.

As the larger agricultural industry catches on to vertical integration, it seems Hage and Rathmell are no longer mad scientists with a crazy dream. Instead, they are the voice of reason—and a new generation of food.

As the larger agricultural industry catches on to vertical integration, it seems Hage and Rathmell are no longer mad scientists with a crazy dream. Instead, they are the voice of reason—and a new generation of food.

As the larger agricultural industry catches on to vertical integration, it seems Hage and Rathmell are no longer mad scientists with a crazy dream. Instead, they are the voice of reason—and a new generation of food.

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Is AppHarvest the Future of Farming?

In this video from Motley Fool Live, recorded on Jan. 28, Industry Focus host Nick Sciple and Motley Fool contributor Lou Whiteman discuss AppHarvest, one such SPAC that is looking to disrupt the agriculture industry. Here are the details on what AppHarvest wants to do, and a look at whether the company represents the future of farming.

Special purpose acquisition companies, or SPACs, are red-hot right now, with investors clamoring to get into promising young companies.

In this video from Motley Fool Liverecorded on Jan. 28, Industry Focus host Nick Sciple and Motley Fool contributor Lou Whiteman discuss AppHarvest, one such SPAC that is looking to disrupt the agriculture industry. Here are the details on what AppHarvest wants to do, and a look at whether the company represents the future of farming.

Nick Sciple: One last company I wanted to talk about, Lou, and this is one I think it's -- you pay attention to, but not one I'm super excited to run in and buy. It was a company called AppHarvest. It's coming public via a [SPAC] this year. This vertical farming space. We talked about Gladstone Land buying traditional farmland. AppHarvest is taking a very different approach, trying to lean into some of the ESG-type movements.

Lou Whiteman: Yeah. Let's look at this. It probably wouldn't surprise you that the U.S. is the biggest global farm exporter as we said, but it might surprise you that the Netherlands, the tiny little country, is No. 2. The way they do that is tech: Greenhouse farm structure. AppHarvest has taken that model and brought it to the U.S. They have, I believe, three farms in Appalachia. The pitches can produce 30x the yields using 90% less water. Right now, it's mostly tomatoes and it is early-stage. I don't own this stock either. I love this idea. There's some reasons that I'm not buying in right now that we can get into. But this is fascinating to me. We talked about making the world a better place. This is the company that we need to be successful to make the world a better place. The warning on it is that it is a SPAC. So it's not public yet. Right now, I believe N-O-V-S. That deal should close soon. [Editor's note: The deal has since closed.] I'm not the only one excited about it. I tend not to like to buy IPOs and new companies anyway. I think the caution around buying into the excitement applies here. There is a Martha Stewart video on their website talking up the company, which I love Martha Stewart, but that's a hype level that makes me want to just watch and see what they produce. This is just three little farms in Appalachia right now and a great idea. This was all over my watchlist. I would imagine I would love to hold it at some point, but just be careful because this is, as we saw SPACs last year in other areas, people are very excited about this.

Sciple: Yeah. I think, like we've said, for a lot of these companies, the prospects are great. I think when you look at the reduced water usage, better, environmentally friendly, all those sorts of things. I like that they are in Appalachia. As someone who is from the South, I like it when more rural areas get some people actually investing money there. But again, there's a lot of execution between now and really getting to a place where this is the future of farming and they're going to reach scale and all those sorts of things. But this is a company I'm definitely going to have my radar on and pay attention to as they continue to report earnings. Because you can tell yourself a story about how this type of vertical farming, indoor farming disrupts this traditional model, can be more efficient, cleaner, etc. Something to continue paying attention to as we have more information, because this company, like you said, Lou, isn't all the way public yet. We still got to have this SPAC deal finalized and then we get all our fun SEC filings and quarterly calls and all those sorts of things. Once we have that, I will be very much looking forward to seeing what the company has to say.

Whiteman: Right. Just to finish up along too, the interesting thing here is that it is a proven concept because it has worked elsewhere. The downside of that is that it needed to work there. Netherlands just doesn't have -- and this is an expensive proposition to get started, to get going. There's potential there, but in a country blessed with almost seemingly unlimited farmland for now, for long term it makes sense. But in the short term, it could be a hard thing to really get up and running. I think you're right, just one to watch.

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VIDEO: Daan Roosegaarde Uses "Light Recipes" To Show How Agriculture Could Be More Sustainable

Dezeen Magazine

Amy Frearson | January 18, 2021

Studio Roosegaarde has unveiled Grow, a 20,000-square-metre light installation designed to highlight the beauty of agriculture while also improving crop growth.

The Rotterdam-based studio, led by designer Daan Roosegaarde, used red, blue, and ultraviolet lights to transform a field into a dynamic artwork.

As well as creating a visual spectacle, the installation serves as a prototype for how certain "light recipes" can be used to increase plant growth and reduce the use of pesticides by up to 50 percent.

Grow is a 20,000-square-metre light installation in a Dutch field

The first ideas for the project came after an early morning visit to the farm. As a self-confessed urbanite, Roosegaarde told Dezeen he had spent very little time exploring the Netherlands' agricultural landscape, so was amazed to experience it first hand.

Despite being a relatively small country, the Netherlands is one of the world's largest producers of vegetables, second only to the United States, and has established itself as a pioneer of highly efficient farming techniques.

"We thought we should highlight the beauty of this agriculture," said Roosegaarde. "These vast fields feed us, but nobody sees it."

Lights turn the crops into a visual spectacle but also helps to improve growth

Shortly after, Roosegaarde became aware of advancements in photobiological lighting technology. Research suggests that certain combinations of light can not only strengthen plant metabolism but also create resistance to both pests and disease.

Although the technology has been used in greenhouses, Roosegaarde saw an opportunity to test its potential at a larger scale.

The "light recipe" combines specific types of red, blue, and ultraviolet light

"A specific ultraviolet light activates the defense system of plants. And what is interesting is that it works on all crops," the designer explained. "So we can reduce the use of pesticides."

Pesticides are known to have a significantly harmful effect on biological diversity, one of the pillars of sustainability. If the farming industry was able to reduce reliance on them, it would be of great benefit to the environment.

These lights can strengthen plant metabolism and create resistance to pests and disease

Studio Roosegaarde created Grow with high-density LEDs positioned at different points around the field.

The devices move up and down, distributing the light evenly across the field. As they move, they create dancing patterns that are hypnotic to watch. "It's very futuristic and also very romantic, in a way," suggested Roosegaarde.

Grow is the latest of several large-scale light installations Roosegaarde has created

The effect is similar to some of the other large-scale installations Roosegaarde has created in the past like Waterlicht, which mimicked the effect of the Northern Lights as a way to highlight a flood plain.

However, the designer sees Grow as a project with a bigger audience. His plan is to take it around the world, with different light recipes formulated to suit different crops.

The designer hopes to promote the role of the farmer as a hero

Roosegaarde's aim is to help to speed up the application of this science, but also to create a more universal appreciation for the important role of farmers, who he describes as heroes.

"I want to design things which make people curious about the future, not sad or mad," added Roosegaarde. "Light is my language. Light is not decoration, it's activation and it's communication."

Grow was commissioned by Rabobank, for the bank's ongoing artist-in-residence programme. The ambition is for the project to tour all 40 countries where the bank operates.

Read more: Design Lighting Netherlands Plants Farms Installations Studio Roosegaarde Technology

Design Videos Technology Videos

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Belgian Lettuce Grower De Glastuin Achieves Increased Production And Faster Growth Cycles Thanks To A Full LED Solution From Signify

Belgian farmers are using LED lights in an innovative way to enhance lettuce production

December 17, 2020

December 17, 2020

Eindhoven, the Netherlands – Since the introduction of Philips GreenPower LED Toplighting Compact from Signify (Euronext: LIGHT), the world leader in lighting, many vegetable, fruit and horticulture growers have made the choice to fully equip their greenhouses with LEDs. By combining this LED lighting with the GrowWise Control System, it is possible to both control and dim the light, giving growers a high degree of flexibility. This solution has now also found its way into lettuce growing; De Glastuin in Belgium opted for 100% LED grow lights from Signify.

Each type of lettuce requires a different amount of light. Heat is also a limiting factor when growing lettuce. As a result, in many periods it is not possible to illuminate the crops because too much heat accumulates in the greenhouse. Thanks to LED lighting, which emits less heat, it is possible to light the crop for longer hours, resulting in a increased production and faster growth cycles. The combination with the GrowWise Control System also allows the lighting to be dimmed. For example, to keep the light intensity the same on sunny days while maintaining light uniformity or to prevent climate fluctuations.

igrow philips.jpeg

This summer, lettuce grower De Glastuin expanded its existing 1.75 hectare greenhouse with HPS lighting by 0.75 hectares. In this new part of the greenhouse, Philips GreenPower LED Toplighting Compact is installed together with the GrowWise Control System. The modules in the new part of the LED greenhouse have an output of 1800 µmol/s and require only 520 W (3.5 µmol/J). They provide a light level of 90 µmol/s/m². De Glastuin is pleased with the high quality and longer shelf life of the lettuce."With Toplighting Compact in combination with the GrowWise Control System, we can automatically adjust the amount of LED light to the amount of daylight at any given moment. As a result, there are fewer fluctuations in light intensity during the day. The lighting is much more efficient, dimmable and it offers us flexibility by allowing us to provide less light at any time," says Wouter de Bruyn, business manager at De Glastuin.

"De Glastuin's choice of Signify reinforces our conviction that we have chosen the right approach to make it easier for growers to switch to LED," says Udo van Slooten, Business Leader Horticulture LED Solutions at Signify.

de-glastuin-press-releases.jpeg

The first Toplighting Compact was introduced in 2019 as a 1-on-1 replacement of HPS lighting to enable an easy transition to LED. The Toplighting Compact can be mounted on an existing HPS connection. This saves time and money during installation. In new greenhouses, installation is even easier thanks to easy-to-install brackets. The universal design of this system gives growers the possibility to fully equip their greenhouse with LED lights or to change their current set-up into a hybrid system with LED and HPS lighting. Signify's Compact range is also equipped with optics with normal and wide beam angles. The wide beam angle is ideal for growers looking for optimal light distribution or for lower greenhouses, for example. For crops where a greater distance between the plant and the grow light is possible, the normal beam is a better option.

More information about the Philips Horticulture LED solutions from Signify is available on the website.

For further information, please contact:

 Global Marcom Manager Horticulture at Signify

Daniela Damoiseaux

Tel: +31 6 31 65 29 69

E-mail: daniela.damoiseaux@signify.com

www.philips.com/horti

About Signify

Signify (Euronext: LIGHT) is the global market leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings, and public spaces. In 2019, we achieved sales of EUR 6.2 billion with approximately 37,000 employees in more than 70 countries. We unlock the extraordinary potential of light for better lives and a more sustainable world. We achieved CO2 neutrality by 2020 and have been on the Dow Jones Sustainability Index since our IPO in 2016. We were named Industry Leader in 2017, 2018 and 2019. Signify news can be found in the Newsroom, on Twitter, LinkedIn, and Instagram. Information for investors can be found on the Investor Relations page.

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Liberty Produce & James Hutton Institute To Transform Agriculture Through Collaboration

Liberty Produce and the James Hutton Institute have been awarded UKRI funding to address the challenges of Climate Change and the food production yield-gap

1st October 2020

London and Dundee, UK

Liberty Produce and James Hutton Institute remotely sign MoU in lockdown and launch new hydrobubble project. Image credit: 2020 Liberty Produce and the Hutton.

Liberty Produce & James Hutton Institute to transform modern agriculture through collaborative research and tech development

Liberty Produce and the James Hutton Institute have been awarded UKRI funding to address the challenges of Climate Change and the food production yield-gap. This ambitious project will develop technologies to utilize captured carbon to boost yields of hydroponic crops. It further develops the growing collaboration between Liberty and the Hutton, formalized in a recently signed Memorandum of Understanding.

By bringing together farmers, technologists, and scientists, the team will develop a unique 'hydrobubble' technology that will deliver significant benefits across the sector. This project will develop cutting-edge technology that will make nutrient delivery to crop roots more effective, efficient, and sustainable.

Through the injection of gas-enriched micro and nano-sized gas bubbles into the irrigation water, ‘hydrobubbles’ have the potential to boost plant growth in hydroponic systems by up to 30%.  

The miniature sizes of these bubbles cause them to be negatively charged and electrostatically attracted to plant roots, where they cluster to provide an on-going additional gas resource to the plant.

This approach has proven benefits to plant yield with research demonstrating a marked improvement in root development, fresh weight, and the synthesis of specific plant biocompounds in a number of crop varieties. 

This inaugural ‘hydrobubbles’ project is a milestone in the collaborative relationship between the James Hutton Institute and Liberty Produce that will push the boundaries of the vertical farming sector and accelerate its growth in the UK and globally.

 A Memorandum of Understanding between the two organizations was recently signed by Professor Lesley Torrance, Executive Director of Science of the James Hutton Institute, and Alex Giles, Commercial Director of Liberty Produce. 

Technological solutions are urgently required to overcome the challenges of productivity and sustainable production. This project and the cooperative relationship between Liberty Produce and the Hutton marks a step towards delivering those technological solutions and groundbreaking research through a collaborative multi-disciplinary approach. 

Alexander Giles of Liberty Produce commented, “We are delighted to formalize our relationship with the Hutton. Even before the MoU was signed, the collaboration between our organizations has yielded incredible results and we’re excited to continue to work with the Hutton to push the boundaries of research and technology development, which will transform modern agriculture.”  

Professor Lesley Torrance, Executive Director of Science of the James Hutton Institute, added: “Our collaboration with Liberty Produce marks the next step in the growth of our Open Science Campus initiative and brings new innovative companies to work closely with world-leading science. This has been facilitated by the Tay Cities Deal funding of an Advanced Plant Growth Centre in Invergowrie and our other new investments there and builds on our track record of engaging with industry, research partners, and the public.” 

About Liberty Produce

Liberty Produce is a farming technology company founded in 2018 to drive innovations that will enable us to meet our global crop requirements over the next century, without harming the planet.

As experts in the development of technology (from advanced lighting systems to machine learning for integrated control systems) for the breadth of indoor agriculture (from glasshouses to Totally Controlled Environment Agriculture systems), Liberty delivers research and products that consistently push boundaries.

Liberty Produce develops and builds systems that reduce operational costs with enhanced resource efficiency, improve yields, and increase sustainability for greater food security through the growth of local produce year-round. www.liberty-produce.com 

For further information contact:

Benita Rajania

benita@liberty-produce.com

+44 20 3290 8801

About James Hutton Institute

The James Hutton Institute is a world-leading, multi-site scientific organisation encompassing a distinctive range of integrated strengths in land, crop, waters, environmental and socio-economic science. The Institute takes its name from the 18th-century Scottish Enlightenment scientist, James Hutton, widely regarded as the founder of geology and agronomist. www.hutton.ac.uk 

For further information contact:

Bernardo Rodriguez-Salcedo

Bernardo.RodriguezSalcedo@hutton.ac.uk 

+44 (0)1224 395089 or +44 (0)7791 193918.

About Innovate UK

Innovate UK drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. We connect businesses to the partners, customers and investors that can help them turn ideas into commercially successful products and services and business growth. We fund business and research collaborations to accelerate innovation and drive business investment into R&D. Our support is available to businesses across all economic sectors, value chains and UK regions. Innovate UK is part of UK Research and Innovation.

www.innovateuk.ukri.org

Liberty Produce, The James Hutton Institute, Errol Road, Dundee, Tayside DD2 5DA, UK, +44 20 3290 8801

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[WEBINAR] Women In Agriculture Panel - Greenhouse Grower & Indoor Ag-Conversations

Greenhouse Grower & Indoor Ag-Conversations Present Women In Agriculture Panel - Wednesday, September 16, 2020 - 2-3 pm | EST

GREENHOUSE GROWER  &

INDOOR AG-CONVERSATIONS PRESENT

WOMEN IN AGRICULTURE PANEL

WEDNESDAY, SEPTEMBER 16, 2020

2-3 PM | EST

SAVE YOUR FREE SPOT!

Moderated by Janeen Wright, Editor, Greenhouse Grower

Our Panel Includes
 

Corinne Wilder, Vice President, Global Commercial Operations, Fluence By OSRAM

Amy Samples, Director of Community Outreach and

People Programs, AppHarvest

Erika Summers, Sales Engineer, LMS Building Systems

Charlotte Prud'Homme, Founder, Generation Permaculture Design

During this insightful AND inspiring 60-minute session, our panelists will discuss:

  • How can we as women in agriculture be the change we want to see in our industry

  • What challenges face women in the different sectors of the agriculture industry

  • How can we empower other women and what can we do to inspire the next generation of women in agriculture

  • And more!

Join us! And, if you can't make the live session, register anyway and you'll get the recording in an email after the webinar

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SPECIAL THANKS TO OUR INDOOR AG-CON 2020

EXHIBITORS, SPONSORS, MEDIA ALLIES &
INDUSTRY PARTNERS

Indoor Ag-Con, 950 Scales Road, Building #200, Suwanee, GA 30024, United States

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