Indoor Farming Company With Backing From Ubben Aims to Solve The Problems With America’s Produce

Image from: AppHarvest

Company: AppHarvest Inc. (APPH)

The agriculture technology company focuses on building an indoor farm in Appalachia. The company combines agricultural techniques with cutting-edge technology and including access for all to nutritious food, farming, and building a homegrown food supply. The company operates a 60-acre controlled environment, agriculture facility in Morehead, Kentucky, which grows juicy beefsteak tomatoes and tomatoes on the vine. It also operates a 60-acre indoor farm, outside Richmond, Kentucky, where it cultivates fresh fruits and veggies.

The company’s technological systems monitor the pollination across all 68 bays and 684 rows of plants. AppHarvest is only the fourth U.S. public Certified B corporation. A B corporation is a company that has (1) achieved a high standard of social and environmental performance as measured by the B Impact Assessment, (2) verified their scores through transparency requirements, and (3) made a legal commitment to consider all stakeholders, not just shareholders. Any company can apply to be one.

Stock Market Value: $3.3 billion ($33.26 per share)

Image from: CNBC

Activist:

Inclusive Capital

Percentage Ownership:  

12.05%

Average Cost: 

n/a

Activist Commentary: 

Inclusive Capital Partners was formed in 2020 by ValueAct founder Jeff Ubben, to leverage capitalism and governance in pursuit of a healthy planet and the health of its inhabitants. The firm seeks long-term shareholder value through active partnership with companies whose core businesses contribute solutions to this pursuit. Inclusive is a returns driven fund with a focus on environmental and social investing.

Their primary focus is on environmental and social value creation, which leads to shareholder value creation. It is the successor to the ValueAct Spring Fund, which was launched in January 2018 and merged into Inclusive in 2020.

Inclusive is building a huge network and has accessed experts in industries such as energy, electrification, water, agriculture, food production, particulates, education and human rights. Just like ValueAct’s constructive, patient investment style, Inclusive will seek to earn the trust of managers, board members and institutional investors.

Jeff Ubben serves as the portfolio manager and Eva Zlotnicka serves as vice president. Eva has a pre-existing relationship with ValueAct through their interactions with Morgan Stanley, where she served as a VP and U.S. lead for the Global Sustainability Research Team. At Morgan Stanley, she worked to help address and raise awareness of environmental and social issues both inside and outside of corporations.

What’s Happening:

Jeff Ubben was appointed to the company’s Board in connection with the company’s business combination with Novus Capital.

Behind the Scenes:

This was initially an investment of ValueAct Spring Fund, which was converted into Inclusive Capital in 2020. Jeff Ubben first met AppHarvest founder Jonathan Webb in 2017 and has been involved with the company since the 2018 Series A round, working with Webb to put the management team together and develop a strong balance sheet. The company went public on February 1, 2021 through a $100 million SPAC transaction and a $375 million PIPE investment. Jeff Ubben is on the board where he can continue to help the company execute.

AppHarvest plans on having 12 facilities by 2025. The goal here is to make Kentucky the Netherlands of North America. The Netherlands (at 16,000 square miles) is the second largest agricultural exporter in the world, using greenhouse technology to feed two-thirds of all of Europe. In comparison, the state of Kentucky is 40,000 square miles and the US is 3.8 million square miles. AppHarvest’s motivation is first and foremost to benefit society, but if successful would have extraordinary financial returns as well.

As of 2018, 69% of fresh vine crops in the U.S. were imported, mostly from Mexico. These crops are pesticide-laden and grown using labor practices not up to U.S. standards. Moreover, they sit at the border for days and are driven 2,000+ miles to their destination, using tons of diesel fuel and resulting in less fresh produce. AppHarvest produces crops with no pesticides with greater nutrient density, and from their central location can reach 70% of the U.S. population in one day resulting in 80% less diesel fuel and much lower emissions. However, the larger environmental and economic benefit is in how the crops are grown — using 90% less water and yielding thirty times more per acre. 

Moreover, AppHarvest’s resources are nature based – the greenhouse structure allows them to use 12 hours of sunlight per day and they collect the heavy Kentucky rainfall for their system resulting in a much less adverse effect on the water supply while greatly decreasing their cost of production by not having to pay for water. The greenhouse system also eliminates any weather or seasonal constraints, allowing the company to grow more efficiently 365 days per year.

While the company has no historic revenue, they just made their first delivery of beefsteak tomatoes on January 19, 2021, to customers that include Walmart, Kroger and Publix

Bringing The Future To life In Abu Dhabi

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

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

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

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.”

Pontus Submits Building Permit Application for Surrey Aquaponics Facility

VANCOUVER, BC, Feb. 3, 2021 /CNW/ - Pontus Protein Ltd. ("Pontus" or the "Company"), is pleased to announce it has made significant progress towards the development of its state of the art, integrated aquaponics facility located in Surrey, British Columbia, Canada (the "Facility").

Image from: CNW Group/Pontus Protein Ltd

The Company has submitted a construction application to the City of Surrey for its 20,570 square foot aquaponics facility. The approval process is estimated to be completed within 6 weeks and is expected to be followed by the immediate commencement of construction of the Facility's leasehold improvements. Accordingly, the leasehold improvements are to consist of a complete retrofit of the Facility to establish Pontus' solar-powered, water recycling CEVASTM aquaponic system.

The installation of all required equipment for the growth and production is forecasted to take between four and six months to complete. Upon completion, the Facility will be approximately 20 times the size of Pontus' prior prototype facility. The prototype facility has been used to test and develop the technology for the Company's proprietary growing process.

The Facility, as seen in the image above and video below, will utilize an array of additional technologies to create a clean and sustainable aquaponics ecosystem. Solar energy panels will be installed to capture renewable energy and power the closed-loop water system, which recycles up to 95% of all water inputs. The implementation of the Facility's unique, sustainable technology in conjunction with Pontus' proprietary CEVAS™ automated growth technology will allow the Company to emphasize biosecurity in its agricultural production processes, removing the need for additional chemicals, pesticides, and other non-native components.

Pontus CEO, Conner Yuen states: "Entering the construction application process is a major milestone for the Company as we move toward the commissioning of the Facility. Our aim is to create a state of the art process that will incorporate the latest in sustainable agriculture technology. The ability to implement this highly efficient technology solves many issues we see with current methods of food production such as land scarcity and low yields and contamination.

Pontus' biosecurity and renewable food sources are intended to create a proactive solution to these issues by reducing the potential for contamination and the need for pesticides. Pontus hopes the Facility will revolutionize how traditional agriculture is conducted and show the power of technological food advancements."

Plant-based Protein Powder Market

The Company's plant-based protein powder is a premium entry into the global protein and supplements market, which is currently valued at USD$15 Billion and is expected to grow to USD$20 Billion by 2025 according to Grand View Research. This growth is expected to be fuelled by many North Americans reducing or eliminating the regular consumption of animal products. The North American plant-based protein market is also anticipated to grow at a compound annual growth rate of 14% from 2019 through 2025.

About Pontus Protein Ltd

Pontus Protein Ltd. makes pure plant-based protein powder sourced from nutritious water lentils, farm-grown in Vancouver, BC, with development plans to expand to Surrey, B.C.. Not only does Pontus Protein Powder exceed certified organic standards, but it's also gluten-free, pure and allergen safe. It's jam-packed full of antioxidants, minerals, vitamins and ALL the essential amino acids.

This is not your average lentil, these are water lentils; a crop that can be harvested every 24 hours in an indoor aquaponic farm that uses 95% less water than traditional agriculture, using Pontus' proprietary Closed Environment Vertical Aquaponics System (or CEVAS™) aquaponic agritech technology. This is wonderful news for a planet populated with us hungry and health-conscious humans.

Farm In A Box Planned For Bridgeport's East End

Image from: CT Post

BRIDGEPORT — You will not find any vast acres of fertile soil and crops in the East End neighbourhood. So the state, city and area activists have teamed with an entrepreneur on what they all said they believe is the next best thing: farmland in a box.

Joe Alvarez, founder of High Ridge Hydroponics of Ridgefield, describes it on his website as “an indoor, vertical, hydroponic, shipping container farm to be located in the most urban settings throughout the world.” And the East End — which has been labeled a “food desert” because of the lack of fresh edibles easily available to residents there — will be that urban setting.

“We’re very excited about this,” Keith Williams, head of the East End Neighborhood Revitalization Zone community group, said during a teleconference Friday announcing a $49,999 state grant for Alvarez’s project. “Fresh vegetables. Healthy. That’s what we’re all about — healthy eating.”

High Ridge’s container will produce young micro-greens from broccoli, kale, cabbage, arugula and other plants to be sold at the East End NRZ’s market as a salad mix.

“These greens are harvested after only 10 to 14 days from being planted, which is extremely quick (and) they are super concentrated in nutrition,” Alvarez said.

Friday’s teleconference included several dignitaries who pledged to do everything they can to ensure High Ridge’s success in town, including Lt. Gov. Susan Bysiewicz, state Agriculture Commissioner Bryan Hurlburt, state Sen. Marilyn Moore, state Rep. Andre Baker, Mayor Joe Ganim and Edward Lavernoich of the Bridgeport Economic Development Corporation.

“I hope this project has a lasting and positive impact on your community,” Bysiewicz said. “And I hope it will become a model for other urban areas in our state to grow their own food using innovative technology and techniques.”

“This is not just a shipping container in the city,” Hurlburt said. “This is a much larger, deeper and richer project that we get to celebrate today.”

State Rep. Joe Gresko, D-Stratford, was also included, but wearing a different hat. Gresko works for Ganim continuing a mission started by former Mayor Bill Finch to turn Bridgeport from an ex-manufacturing hub into a leader in the green and environmentally sustainable economy.

It was under Finch that the East End was previously promised an urban green house on the site of the former “Mt. Trashmore” illegal dump. That project, dubbed “Boot Camp Farms” because it would hire veterans, was announced in 2013 and was also supposed to have financial backing from the state. But the developers had no prior experience in that field and the proposal never broke ground.

Alvarez, according to his online biography, “studied environmental science at Fordham University in New York City, graduated in May of 2017 (and) has worked as a private organic gardener, an aquaponic farmer, built greenhouses, maintained greenhouses and designed several custom hydroponic growing systems.”

Hurlburt said he felt confident the new project would be a success.

Alvarez “has limited experience but he knows what he’s doing. ... I know how much Joe was calling us and emailing us and how badly he wanted this grant to make it a reality. I know his heart is right where it needs to be to make it a success.”

“We’re all in this together to make sure Joe has the support he needs to be successful,” Hurlburt emphasized.

There are still important details to be finalized, including getting a site for the shipping container and additional money to cover the full, nearly $150,000 cost. Gresko said that the NRZ was negotiating to use some property and that “when the time comes” Bridgeport will “match” additional private funds Alvarez obtains.

“We’re going to keep an eye on this and troubleshoot as we go forward any issues,” Gresko said.

Alvarez said he hopes to complete construction by the fall. And the colder months are when his crops will be the most needed, said Deborah Sims, who operates the NRZ market.

“After farmer’s market season is over, we have difficulty sourcing (fresh food),” Sims said.

“Three hundred sixty five (days) we’re going to have the greens available,” said Gresko.

Baker recalled how his East End funeral home has hosted some farmer’s markets and called the High Ridge project “a long time coming.” He also told Bysiewicz he hoped similar initiatives to offer more fresh food to his constituents will follow.

“Lieutenant governor, we’re going to be leaning on you and the governor for more support,” he said. “You’re going to hear more from us.”

Ensuring Singapore's Food Security Despite the Odds

Image from: Reuters

As with most issues that impact national security in Singapore, it often seems that the odds are stacked against us.  Food security — access to safe and nutritious food — is a challenge on several fronts. 

Singapore is a small city-state with limited resources, with only 1 per cent of land available for food production, and over 90 per cent of food is imported from an increasingly disrupted world. The Covid-19 pandemic has further amplified the gravity of safeguarding food security.  The city-state has been proactively planning for long-term food security through the Singapore Food Agency’s (SFA) strategy of “three food baskets” — diversifying food sources, growing locally and growing overseas.  This approach has served the Republic well in securing a supply of safe food.

DIVERSIFIED SOURCING IS KEY

Singapore’s food importers leverage the nation’s connectivity and the global free trade environment to import from multiple sources in about 170 countries and regions worldwide.  Should there be a disruption to any one source, importers are able to tap alternative food sources and ensure supply remains stable. Lockdown measures brought about by Covid-19 underscored Singapore’s vulnerabilities to supply disruptions in food. 

It was not by luck that the Republic’s food supply remained stable and market shelves continued to be promptly restocked — it was the result of a deliberate whole-of-government strategy to diversify food sources. To keep the nation’’s diversified food supply lines intact amid the Covid-19 global pandemic, SFA worked closely with the Ministry of Trade and Industry and Enterprise Singapore (ESG) to monitor Singapore’s food supply situation. Together with the Ministry of Foreign Affairs, these economic agencies worked with like-minded countries to maintain open trade links.

LOCAL PRODUCTION AN IMPORTANT BUFFER

SFA drives innovation in local farms with the ambitious goal of producing 30 per cent of Singapore’s nutritional needs by 2030 as part of our “30 by 30” plan.  To meet this goal, we need a holistic and long-term approach to space-planning, boosting agri-food technology and developing local agri-specialists. To facilitate and support the establishment of high-technology and productive farms in Singapore, SFA tenders out land based on qualitative criteria such as production capability, production track record, relevant experience and qualifications, innovation and sustainability.

In addition, a masterplan for the greater Lim Chu Kang (LCK) region, spanning about 390ha of land, will be undertaken in consultation with stakeholders over the next two to three years.  The redeveloped LCK agri-food cluster will produce more than three times its current food production.

Building on the above efforts to grow Singapore’s high-tech agri-tech sector, SFA will continue to partner with the Economic Development Board and ESG to attract best-in-class global agri-tech companies, as well as to nurture promising homegrown agri-tech companies into local champions and help them to expand overseas.

EXPLORING ALTERNATIVE, UNDERUTILISED SPACES

Urban food solutions are expected to play a key role in global food security.  While there are progressive enterprises operating out of farmlands and industrial estates, some agricultural game-changers are also taking root in unconventional areas — indoors, on rooftops and in underutilised spaces.

SFA worked with the Singapore Land Authority to introduce an urban farm at the former Henderson Secondary School site, which was transformed into Singapore’s first integrated space comprising an urban farm, childcare centre and nursing home within a state property.  The farm space within the site was awarded in May 2019 to social enterprise City Sprouts, and it has become a vibrant destination for the young and old to learn about urban farming and enjoy a relaxing day out.

Citiponics, the first commercial farm located on a multi-storey car park in a residential neighbourhood, harvested its first yield of vegetables in April 2019.  In September 2020, another nine sites atop multi-storey car parks were awarded for urban farming. 

The successful bidders included proposals for hydroponic and vertical farming systems with a variety of innovative features, such as the Internet of Things (IoT), blockchain technology and automated climate control.  These sites have the potential to collectively produce around 1,600 tonnes of vegetables annually.

Image from: Ciitiponics

TAPPING TECH

The Agriculture Productivity Fund (APF) supports local farms in their capability development and drive towards higher productivity.  Through APF, SFA co-funds the adoption of farming systems to better control environmental variables, test-bed technologies and boost production capabilities. Between October 2014 and September 2020, a total of almost S$42 million has been committed to 115 farms.

The Covid-19 pandemic presented greater impetus to speed up local food production capacities. In September 2020, SFA awarded S$39.4 million to nine companies under the 30x30 Express Grant to quickly ramp up food-farm outputs over the next six months to two years. With advanced robotic and digital systems increasingly being used in farming, Singapore’s vegetables farmers have also become innovative agri-engineers and specialists in their own right.

With support from the 30x30 Express Grant, urban farming engineering solutions firm Indoor Farm Factory Innovation will set up an indoor vegetable farm with a vertical integration growth system up to 8m in height in a fully controlled and pesticide-free environment.  The farm will leverage artificial intelligence farming systems integrated with IoT monitoring, dosing irrigation and an advanced environmental control system to achieve optimum growing conditions all year round.

Seng Choon, a chicken egg farm that has been in business for more than 30 years, has also proved itself a modernist in its operations.  The company uses a computer that scans eggs to ascertain if they are clean; while feeding systems, temperature controls and waste cleaning systems have been automated with SFA’s support. Singapore’s efforts at ensuring food security would not be complete without support from consumers.  To boost recognition of local produce among consumers, SFA brought the industry and public together to create a new “SG Fresh Produce” logo. 

Farmers have been using this emblem on their packaging since August 2020. A website was also launched to provide a trove of information on locally farmed food. While the Covid-19 pandemic has led to import restrictions, it also helped to accelerate support for local produce. With public support for local farmers and other key measures, Singapore can beat the odds in ensuring food security in this ever-evolving, ever-disrupted world.

Feeding Leeds: A Fair and Self-Sustaining Food System for the City

Image from: University of Leeds

A bold vision for feeding the population of Leeds would transform the city into a far more food secure, fair and sustainable place to live.

Analysts from the University of Leeds’ Global Food and Environment Institute studied the city’s food system to assess its resilience in the face of supply chain and delivery disruptions caused by severe weather, climate change and events such as the COVID-19 pandemic and Brexit.

The urban food system includes all the activities involved in the production, distribution and consumption of food within a city. 

They mapped and analysed publicly available data relating to agricultural production and human health in the metropolitan district and discovered that 48.4% of the city’s total calorific demand can be met by current commercial food production activities. 

This is relatively high for such an urbanised space, but there is little diversity in what is being produced. Three cereal crops (wheat, barley, oats) dominate the Leeds production system, reflecting a post-war food system that focused on energy supply. This means that most of the fruits and vegetables consumed in the city are transported in from elsewhere. 

The researchers’ findings also show that the most deprived areas of the district, which have higher rates of obesity, diabetes, and cardiovascular disease, are also likely to be the first to be impacted by supply disruptions. The resulting food shortages can increase prices, and people on low incomes may not have the option to travel to larger supermarkets or afford to bulk buy. 

The researchers say there are no quick and easy options for significantly increasing the security, fairness, or sustainability of the food system supplying Leeds. 

But they say the metropolitan district’s sizeable number of farmers, manufacturers, suppliers, and food services could all contribute to improving its food resilience by creating a system which provides easy access to healthy foods, shares energy, reuses water and nutrients and repurposes local infrastructure and resources. 

Caroline Orfila, who led the study, published today in the journal Food Security, is Professor of Plant Biochemistry and Nutrition in the School of Food Science and Nutrition. She said: “Our work demonstrates the inequalities in food production and dietary health. 

“The local food production system can only provide around 50% of the calories needed by the population, highlighting that ‘eating local’ is not currently possible for everyone. In particular, the local food system would not provide sufficient protein or fats. The lack of food diversity suggests current food production is also unlikely to meet vitamin and mineral requirements. 

“Any disruptions to food production, distribution or retail, from flooding, longer term climate change, COVID-19 or Brexit, is likely to impact those in deprived areas the most. 

“Disruptions tend to cause shortages in some food categories, which then increase food prices. People on low incomes spend more of their income on food; any increases in food prices will limit what they can afford to buy. 

“People in deprived areas have limited choice of where to buy foods, they may not have private transport to access larger supermarkets or access to online shopping. They may also not have the cash flow or storage space to buy items in bulk, relying on what is available. 

“Interventions are needed to level up those areas.” 

Researchers identified more than 1,000km2 of warehousing, derelict land, and unused floor space in abandoned buildings, with direct or possible connections to renewable energy and water. 

Half of this land lay near food banks, community centres and numerous food processors and outlets. 

The land could potentially be used for no waste innovative farming techniques, including vertical food farms, where crops are grown in vertically stacked layers; green walls, where plants grow on vertical surfaces, and rooftop agriculture, where fresh produce is grown on top of buildings. 

The study found that within the metropolitan district of Leeds there is substantial food activity with more than 5,500 businesses and charities supplying fresh and prepared food, including fast food providers, restaurants, and supermarkets. Some 23 food banks are located within the inner-city area. 

There are almost 100 hectares of allotment controlled by Leeds City Council, and approximately 39 hectares of private allotment and community growing areas in the Leeds Metropolitan District. 

Lead author Dr Paul Jensen, also from Leeds' School of Food Science and Nutrition at the University of Leeds, said: “We found there are numerous underutilised city assets that could be incorporated into a resource efficient urban food ecosystem, which could include a mix of vertical farming, hydroponics, or more conventional growing methods. 

“Most notably, many of these areas are within those suffering most from food poverty, diet related health issues and a limited intake of fruit and vegetables - those who are usually the first to suffer during a crisis situation.” 

The research identified locations for ‘food hubs’ that connect producers to consumers and discuss the need for a coordinated approach between producers, government, charitable groups and consumers in creating a more sustainable food system. 

The research was carried out with FoodWise Leeds, a not-for-profit campaign by Leeds City Council, the University of Leeds, businesses and charities to address food health and sustainability issues. 

FoodWise Leeds co-ordinator Sonja Woodcock, said: “This past year has highlighted how vulnerable the local food system is. Taking a coordinated approach and implementing available policy levers, such as including local food within public procurement contracts, increasing access to land for both commercial and community food growing, as well as investing in cooking and food skills will help to create a more resilient and fair local food system.” 

Professor Orfila added: “These findings are significant because it shows the vulnerability and inequality of UK cities and urban food systems. The situation in Leeds mirrors the situation in many other cities worldwide.” 

Professor Steve Banwart, Global Food and Environment Institute Director said: “The results of this study provide essential evidence to guide access to nutrition for the entire population. The project dramatically changes our view of what is a city and what is a farm and catalyses our partnerships to build a more resilient community.”

Further Information

‘Mapping the Production-Consumption Gap of an Urban Food System: An Empirical Case Study of Food Security and Resilience’ and is published on 8 February in the journal Food Security. It is available online here:https://link.springer.com/article/10.1007/s12571-021-01142-2. 

For media enquiries, contact University of Leeds press office via pressoffice@leeds.ac.uk.

NASA's Challenge To Grow Food In Space Can Win You Up To $500,000

NASA has launched a 'Deep Space Food Challenge' to prompt innovation of food production techniques and technologies viable in outer space.

Image from: Deep Space Food

There are thousands of bizarre challenges doing the rounds on the internet. These unique challenges soon go viral on the internet, with countless participants hopping on board. A number of these challenges also involve some form of food. If you're a food innovator who's looking for the next interesting challenge to take up, NASA (National Aeronautics and Space Administration) may have something for you.

The NASA, in collaboration with Canada's CSA (Central Space Agency), has launched a 'Deep Space Food Challenge'. The one-of-a-kind competition seeks to find food production technologies which are sustainable in long duration missions to outer space.

Our cargo resupply missions can only go so far! That's why we need your help to design a food system to keep our astronauts feed during long duration space exploration.

Check out the @NASAPrize Deep Space Food Challenge: https://t.co/9mxtZXbwaC pic.twitter.com/izU8nSqPDc

— NASA Wallops (@NASA_Wallops) January 30, 2021

A short video explaining the purpose behind the challenge was shared by the official handle. The 56-second clip elaborated on how astronauts embarking on lunar space exploration missions usually rely on pre-packaged meals or resupply of food through shuttles from Earth.

Thus, creating a brand, new food production system with minimal input and nutritious output with minimal wastage can go a long way in fuelling longer duration space explorations. The challenge's focus is on identifying food production technologies that can help feed a crew of four astronauts and help fill food gaps for a three-year round-trip mission with no resupply required from Earth.

These innovative food production methods may also help communities on Earth living in harsh conditions and extreme climates. This could also help tackle food insecurity in the future, which is one of the biggest issues that loom large today. "Solutions identified through this Challenge could support these harsh environments, and also support greater food production in other milder environments, including major urban centres where vertical farming, urban agriculture and other novel food production techniques can play a more significant role," stated the Deep Space Food Challenge's official website.

.@NASA & @csa_asc are launching a Deep Space Food Challenge to develop food production tech in space.

Hey @GuyFieri, how about Diners, Drive-Ins, Dives & Deep Space? #STIdocs #Flavortown 🚀🥘

Read about it: https://t.co/fnz80uwpJT

See research: https://t.co/18q6RG3L2G pic.twitter.com/lSRTiiAFes

— NASA STI Program (@NASA_STI) January 28, 2021

Registrations for the challenge close on 28th May, and submissions are due 30th July, 2021. Winners of Phase 1 of the challenge will be announced in the month of September this year. The prize money for winners of Phase 1 can go up to USD 500,000 (Rs. 3.64 crores approximately). So, if you have an exciting idea to produce food which could help future space missions - you know what to do!

London Food Bank Is Going Greener With Greenhouse

Nick Paparella CTV News London Reporter

@NPaparellaCTV Contact

Inside the London Food Bank's greenhouse in London, Ont. on Friday, Jan. 29, 2021. (Nick Paparella / CTV News)

LONDON, ONT. -- The outdoors may be covered in a blanket of white in January, but at the London Food Bank these days everything seems to be coming up green.

After a year of planning and with donations from the community, the new greenhouse is bearing fruit - or in this case vegetables.

“This is what Londoners a few years ago wanted more than anything else, to donate funds towards fresh fruits, fresh produce and that's what they have done,” says Glen Pearson from the London Food Bank. “So we've just taken it to a different level so we can grow our own as well.”

The man with the green thumb here is horticulturalist Luis Reyes.

“A couple of weeks ago we received the heaters and since then you can see the growth in only a couple of weeks,” says Reyes.

Like many from the food bank, Reyes is passionate about helping those in need.

“I am a grower and that's what I like to do and now to do it directly to people makes me proud,” he says.

The greenhouse is expected to grow about 15,000 plants a year which amounts to about four tons of food.

“You're not going to get anything fresher than this in a supermarket,“ says Reyes. “So probably you're going to harvest today here and the people or clients are going to receive it tomorrow or the same day.”

In the winter months, they are growing cold-weather plants like lettuce, spinach and even kale, but once summer arrives they will switch to tomatoes, cucumbers and fruit-bearing plants.

Adds Pearson, “It just expands the nutrition we're able to give to other people.”

Advice For New Vertical Farmers: Grower Spotlight on Andrew Worrall

Last week we spoke about running a farm at LettUs Grow. What excites you about vertical farming? 

It’s the future of the industry. Also, the amount of salad that these farms can produce for their local community. We want to be able to eat salad all year round and we import to make that happen. However, just a small farm can easily provide for its local community, very efficiently and all year round. The sustainability element is also exciting: with our salad there’s no food miles, it’s very minimalistic. You could use an electric van or bike to distribute this crop if you wanted to. It’s a step forward in terms of what we need to do to take care of our planet. 

What do you think are the biggest downsides to vertical farming?

It’s still a new technology and it can be expensive. The biggest roadblock facing the industry is that we need more people and companies to collaborate together to make sure we can build these farms at a sensible rate, so we can provide farms to anyone. We want to be able to provide farms to people, communities and countries that don’t have a lot of money, so that they can provide affordable fresh produce to local people. 

How has vertical farming impacted your life?

Massively!  I wanted to find my passion, a job that I loved - that was very important to me. It’s satisfying to be in a position now where I’m very happy to be doing what I do and I look forward to going into work. I was happy to make the move from London to Bristol. I would have moved even further if it meant being able to continue working within this industry.

Image from: LettUs Grow

How do you see vertical farming playing a part in the future? 

When indoor farming first came about, it had a reputation of being competition for outdoor farming, which just isn’t the case. There’s so much we can’t grow that outdoor farming can provide, such as cereal crops. I’m glad we’re at a stage where indoor and outdoor farms can start to work together to optimise both methods. With these new relationships, there should be a good increase in the amount of indoor farms you’ll be seeing. What LettUs Grow offers with DROP & GROW™ is an exciting project because that’s a 40ft shipping container which can be placed pretty much anywhere. It’s not that big - it could go in a car park or behind a restaurant, but actually provide quite a lot of salad to that area. 

How much of our food should be grown this way? 

Good question. If you had asked me a while back I would have just said salad, but now I’ve changed my mind. Indoor farming can have a massive impact on propagation, especially aeroponics, because of how we aerate and nourish our roots. We could start lettuce for greenhouse projects and we can also propagate tomatoes, strawberries and tree whips. Propagating trees in this way could potentially be hugely beneficial and it’s something we want to do more of. 

We can also quickly grow large amounts of microgreens, baby leafs, herbs and we can grow fruiting crops like strawberries. We are slowly chipping away and it’s really exciting. I’m waiting to see if I can ever say I’ve grown or propagated every crop that can be grown in these farms! 

What do you think are the biggest benefits of vertical farming? 

How fast these crops can grow! The turnover can be as short as 5 days from seed, depending on the crop. Also how clean it can be - I’m very dedicated to making sure these farms are built to ensure they are easy to be maintained and clean. The most exciting part is the crop growth rate though - it’s incredible how fast our crop grows from seed to plate. In a very well maintained growing calendar, which Ostara® is great for supporting, you can optimise your beds so that the day you harvest can also be the day you germinate onto that same bed. Your farms can be forever providing salad at very fast rates. 

Image from: LettUs Grow

What was the biggest change you encountered during your years indoor farming?

Moving from being a production grower to an R&D grower. It has been a great change! As a production grower I knew what I needed to know about growing the plant safely and getting it onto a plate so it was good for the consumer. Now I’m fully optimising, learning and understanding the plants completely, so that I can help the grower that I used to be. We spend a lot of time on crop recipes to make sure that whoever we sell our farms to can start up very quickly and they won’t have to spend months developing their crops. If they have the customers and clients behind them, they can buy DROP & GROW and start producing salad as soon as it's been commissioned. 

What was the biggest change you encountered in the industry?

More and more people are speaking about what’s going on in the industry and getting involved. I get so many messages on LinkedIn with people who want to get into this career. It’s exciting to see that indoor growing is a career people can access now. When I was developing my skills I didn’t know I would end up in indoor farming. There are more opportunities than ever before. For example, our Crop Technician is doing a placement here for 2 years. The aim is that they can gain the skill sets and knowledge they need to then go off and do the same practice in any farm they want. 

What advice do you have for people who are looking to start a career in growing? 

Reach out to companies who are already out there. You could start off part-time or as an assistant. If you are patient and dedicated then it’s a journey I promise you won’t regret. It takes a lot of work, but the outcome is amazing - you’ll be learning so much about this new technology. You’ll also build great relationships: there are so many amazing people in this industry who are so interesting, with different backgrounds, who are willing to share their knowledge. You can always learn more and other people are a great source of that. 

What about for those looking to start a vertical farming business?

Do your homework.  There are people out there who you can reach out to and it’s very easy to get information. It’s very easy to get excited about the idea and jump straight into it, because it is exciting and can be very rewarding, but it’s really important to do it step by step. Know how to scale properly, learning the differences between a small and larger farm. Understand how many people you’ll need and the logistics. I’d also advise people to get some practical work experience before you buy. You want to start the company knowing the tricks of the trade. 

Image from: LettUs Grow

LettUs Grow Blog: www.lettusgrow.com/blog/advice-for-vertical-farmers

2020 Shone A New Light On The Need For Container Farming

Even A Pandemic Couldn’t Stop Us!

When the COVID-19 pandemic came to a head in March, we all felt a deep sense of trepidation. At the time, the future looked beyond bleak. We were all at the forefront of a completely new experience and it was up to us to figure out how to stay safe and continue to thrive in the ‘new normal’ world. For us here at Freight Farms, the COVID-19 pandemic became a pivotal moment. Would people still care about their source of food in the midst of a health crisis? Would individuals be looking to shift careers and lifestyles during such uncertainty?

The answer came right away: yes. The pandemic shone a spotlight on the key flaws within our food system and the need for a workplace revolution. We saw a tremendous growth of interest from people looking to make a positive and needed impact on their communities. We reflect on the year with immense gratitude for our community of farmers that continue to help us address pressing issues of sustainability and food security–we can’t wait to see all we can accomplish together in 2021!

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America Is Hungrier Than Ever For Sustainable Food Systems. Can We Build Them?

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By Carol J. Clouse

November 2, 2020

In the spring of 2020, many small farms across the U.S. found themselves in a bittersweet predicament. Restrictions aimed at slowing the spread of the coronavirus were forcing restaurants — major buyers for the local farms that serve urban areas — to shut down. The loss of these key customers might have wiped out many of these local growers, if not for another COVID-19-induced phenomenon: individual shoppers started calling — and calling — and calling.

"The farms we work with are seeing a huge spike in demand [for direct sales]," Dan Miller, CEO, and founder of the crowdfunding platform Steward, told me when we spoke by phone in early April. "But now they have to quickly switch their businesses to meet that demand." So Miller, who launched the platform in the fall of 2019 to provide funding to small, sustainably run farms — operations often underserved by traditional finance — soon found himself expanding Steward’s services to help these same farmers shift their business model.

Stories of small farms pivoting their operations on a dime were easy to find in the early months of the pandemic: these farmers worked overtime to meet customer demand, added services such as online ordering and home delivery, and jumped into action to prop up community food banks struggling to serve an influx of the newly unemployed. Compared to the industrialized and supersized food system most Americans live with — represented by rivers of wasted milk and COVID-19 outbreaks at meat-packing plants that killed more than 200 people — these distributed systems looked healthier, safer, and more environmentally sustainable than ever. They also looked more agile and resilient.

Crises often present an opportunity to reimagine current systems, so I wondered: Would that happen here, with food? Would the food consumption trends driven by the pandemic wind up as a paragraph in the history books — like the "victory gardens" of World War II — or could it lead to lasting change? And how do we transform this moment of crisis into a more resilient, sustainable, healthy, and just food system?

Crises often present an opportunity to reimagine current systems.

At GreenBiz Group’s virtual clean economy conference, VERGE 20, last week, speakers and participants addressed questions such as these, discussed how to make sure that these changes stick and identified what challenges stand in the way. During a session delving into lessons from the pandemic, panelists agreed that the No. 1 barrier to changing the current food system is financing.

"The financial services that are out there … are really not calibrated for the moment we’re in," said Janie Hipp, CEO of the Native American Agriculture Fund. "If we’re going to actually build an agile and resilient system going forward, then we have to invest in it."

One example of the financial challenges sustainable farms face comes in the form of crop insurance. If a farmer wants to transition a farm from conventional practices to organic or regenerative ones, costs are associated with that transition. However, insurance policies typically do not cover them, so the farmer is forced to take on the extra up-front costs and risk. The same holds true for traditional agriculture financing, developed for conventional farming. Loans are typically underwritten based on the equipment, inputs, volume, prices, and insurance coverage of conventional growers. These factors are different for organic and regenerative farmers, so the numbers often don’t work, resulting in loans being denied or unaffordable.

This increased access to capital could help scale the market, which hopefully would bring down the cost and make this more nutritious food more widely available, said Matthew Walker, managing director at S2G Ventures, a food systems-focused venture fund and mission investor.

"There’s a lot of work to be done to provide affordable nutrition … and allow those who are seeking to grow organic, or use any tech-enabled process that might be better for soil health, better for nutrition, to at least get started," he said.

This increased access to capital could help scale the market.

Making healthy food available in disadvantaged neighborhoods, where affordable, fresh vegetables are hard to come by, is the mission of the Green Bronx Machine, but founder Stephen Ritz — a VERGE keynote speaker — didn’t wait for systems change. Established in 2012, the program uses hydroponic and vertical farming technology at its indoor teaching farm at a South Bronx school, where kids learn how to grow and cook vegetables themselves.

Each week throughout the school year, the kids take home bags of groceries to their families. Green Bronx Machine also operates a "food for others" outdoor garden and summer youth employment program in the Bronx, which serves food-insecure families in the community. And it has various other partnerships and serves as a model for schools in other districts, including a program in more than 60 Chicago schools, sponsored by the foundation of Chicago Blackhawks captain Jonathan Toews, who joined Ritz on VERGE’s Building a Better Food System for America’s Cities panel.

Like the farmers who work with Steward, the Green Bronx Machine’s student farmers pivoted when the pandemic hit, Ritz said in his keynote.

"As COVID-19 brought the world to a standstill, it became the ultimate manifestation of three larger illnesses: racism; greed; and corruption," Ritz said. "And we found new ways to secure and distribute food to those who needed it most."

This has included providing weekly grocery delivery for 26 food-insecure patients at Memorial Sloan Kettering Hospital, who are recovering from cancer, and for 55 of the most vulnerable families in the Bronx, across a 26-mile route that includes walk-up buildings.

"The truth is children want to be part of the conversation. The truth is children don’t let differences divide them. The truth is children are smarter than you think," Ritz said.

As COVID-19 brought the world to a standstill, it became the ultimate manifestation of three larger illnesses: racism; greed; and corruption.

When New York was the epicenter of the pandemic — a place whereby May, the virus had killed more than 20,000 people, primarily in underprivileged neighborhoods such as the South Bronx — food grown by a bunch of kids was delivered to families who may not have eaten otherwise.

The Green Bronx Machine joined community farms, urban farms, and small family farms in offering a lifeline to their communities. They proved themselves resilient in a crisis, and their numbers are growing, but they remain a teeny, tiny part of the gargantuan American food system.

In 2017, there were 16,585 certified organic farms, a 17 percent increase from just a year earlier, according to the National Agricultural Statistics Service’s latest Organic Survey, released this month. These farms accounted for 5.5 million certified organic acres, an increase of 9 percent over 2016.

This impressive growth marks the continuation of a decade-long trend. And yet, certified organic acres still represent less than 1 percent of the total 911 million acres of American farmland. (Although I should add that the survey’s three-year lag does not provide an up-to-date picture, and farms that use organic or regenerative practices but have not been certified don’t get counted.)

The main challenges for these farms is getting the infrastructure and operational capacity in place to support a growing customer base.

Curious to see whether the direct sales demand Steward’s farmers saw in the spring was continuing to hold, I checked back in with Miller. By email, he told me that demand had held and offered an example from Fisheye Farms, an urban farm in Detroit. Fisheye, he reported, already has sold out their entire winter CSA and is fielding inquiries for spring. CSA stands for "community-supported agriculture," a system where customers buy "a share" of the farm. They pay a fixed rate to receive regular boxes of whatever’s in season. Every other week, from November through February, members of Fisheye’s winter CSA will receive spinach, kale, carrots, turnips, radishes, microgreens, and more. The cost is $300, or about $38 a week.

"The main challenges for these farms is getting the infrastructure and operational capacity in place to support a growing customer base," Miller said in his email. "Even the farmers with the most demand still need capital to run better, as they can’t finance everything they need just on cash flow."

In other words, to replicate and scale what these farms do, and build distributed food systems that are resilient, sustainable, healthy, and just, will take time, cooperation, and a lot of green.

Lead photo: by Oleg Demakov on Unsplash.

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Carol J. Clouse

Contributor

GreenBiz.com

@caroljclouse

UAE: Smart Acres: Heights of Sustainability

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Rohma Sadaqat

October 19, 2020

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Smart Acres, the latest in UAE's hydroponic vertical farming industry, is now producing a line of the freshest, most nutrient-dense greens for UAE residents and businesses.

A growing focus on healthy food farmed sustainably and locally has meant that vertical hydroponic farms are finding a home in the UAE. The last few years have seen a marked increase in the number of companies that have launched their vertical farming facilities in the country, providing hotels, cafes, restaurants, and households across the emirates access to a growing portfolio of fresh greens.

Smart Acres, the latest addition to the UAE's hydroponic vertical farming industry, is now producing a line of the freshest, most nutrient-dense greens for UAE residents and businesses. The company has launched in collaboration with n.thing, a Korean-based technology company that designed the farm modules using an award-winning Internet of Things (IoT) based technology system to grow and monitor their greens - a system that not only consumes less resources but generates ultra-high quality crops.

Abdulla Al Kaabi, Founder and CEO of Smart Acres, revealed that vertical farming is a relatively new modern farming concept that was first proposed in the late 1990s. The main advantage of vertical farming technology, he explained, is that you can achieve a huge output in a limited space.

"Our container farms have a crop yield that is 20 times greater than traditional farming methods," he explained. "We currently harvest approximately 10,000kg a year from 120sqm of land, but to achieve the same output in traditional farming methods, you would require over 2,500 sqm of land."

Al Kaabi also explained that the hydroponics method has been around since the 1700s. With the advancement of modern-day technology, companies are now able to use this farming method to cultivate crops commercially. The biggest advantage of hydroponics comes from the decrease in water usage. Smart Acres' method uses up to 10 times less water than traditional farms to grow lettuce.

"We've lost over a third of our arable land on this planet in the past 40 years, and with the increase in population, we will face a great shortage of arable farmland to grow enough food for the world's population by traditional means," Al Kaabi said.

"Freshwater scarcity is also a serious issue that we face as a civilization, and it was listed as the largest global risk by the World Economic Forum in 2019. These two problems are a severe challenge in the UAE. In 2019, the UAE was ranked 10th out of 164 in a global rank of nations where water supplies are most stretched."

Looking ahead, he said that he believed that the future of farming will be a mix of different technologies. "Different crops require different farming methods and there is no one size fits all. For lettuce variety, we strongly believe that we have achieved great efficiency and commercial viability with the mix of vertical farming and hydroponics technology along with the advancement of IoT. The UAE's Food Security Strategy is multi-faceted with the core goals of identifying and diversifying food sources. Local production is a vital component, but it also needs to be supplemented with global imports. Even for local production, optimum farming methods for different crops may vary for rice, strawberry, lettuce, tomatoes, etc."

Currently, Smart Acres grows five different varieties of lettuce on their farm. They take six weeks to grow from seeding to harvest. The first step is to plant the seed in the growth medium which is placed in the germination room. After the seeds have been successfully germinated, they are transplanted into the growth area where light, temperature, airflow, and humidity are all micro-controlled to provide the most optimum environment for the plants to grow.

"We are currently testing many different varieties of lettuces in the UAE," Al Kaabi said. "At the same time, our research team is collaborating with other researchers around the world to develop the most optimum environment for some of the other crops. Our goal is to be able to introduce a new crop every year for the next five years and there is a very good chance that strawberries will be one of the five crops that we may cultivate in the next five years."

Asked about the response that the concept has received, Al Kaabi said that there has been a lot of support and interest from the restaurant and café industry in the region. Chefs have been using vertically farmed produce for a few years now, but the scope has only been limited to micro-greens because growing large lettuce heads at a consistent weight can be challenging.

"Sustainable farming practices are very much on the minds of most chefs here in the UAE," he said. "The industry is becoming more aware of how sustainable practices are vital to the safety of the environment and for our survival. We have received a lot of inquiries from restaurants and hotels across the emirates for our crops, which was the result of managing to successfully grow large and premium-quality lettuce heads with consistency. Currently, we have not focused on providing our produce to many outlets as we have set our sights on developing our R&D facility that will spur long-term growth for UAE food security."

- rohma@khaleejtimes.com

Indoor Ag-Con And The COE Hosting, "Building Sustainable Triple Bottom Line Farms" Oct 29, 2020

Center of Excellence Members

Indoor Ag-Con Webinar

Webinar Topic

The Center of Excellence for Indoor Agriculture presents:

"Building Sustainable Triple Bottom Line Farms"

October 29, 2:00 pm EDT

Description:  During this insightful and inspiring 60-minute session, our moderator and panelists will discuss:

• The concept of the Triple Bottom Line: People, Planet and Profits
• The B-Certification process and reporting
• The contributions indoor farms can make according to the Triple Bottom Line
• Lessons learned from sustainable indoor farms that apply to all forms of indoor farming
• And more!

Moderator: Eric W. Stein, Ph.D., Executive Director of the Center of Excellence for Indoor Agriculture and Associate Professor of Business at Penn State

Panelists:
• Dave Nichols, Director of Strategy, AppHarvest
• Alexander Rudnicki, Senior Project Manager/Plant Manager, Aerofarms
• Grant Vandenbussche, Chief Category Officer, Fifth Season

By registering, you submit your information to Indoor Ag-Con, who will use it to communicate with you regarding this event and our other services. See Indoor Ag-Con Privacy Policy --https://indoor.ag/privacy-policy-2/

Time

Oct 29, 2020 02:00 PM in Eastern Time (US and Canada)

About the Series

Indoor Ag-Con LLC, producers of the premier event for the indoor|vertical farming industry, offers a free monthly webinar series to share content originally planned for its in-person annual conference that was postponed due to the Covid-19 pandemic.

Indoor Ag-Conversation webinars are free to industry members. To register, visit www.indoor.ag/webinar

Register Now

About Indoor Ag-Con

Indoor Ag-Con is a showplace for robotics, automation, AI, breaking technology trends and product innovation – offering educational programming, exhibit floor space and a networking forum for idea exchange, investment opportunities and profitable partnerships.
 

Become a Member of the Center of Excellence for Indoor Ag

Know an organization or an individual who would like to join the Center? Please forward this email.

Anyone can sign up for our mailing list or a free or paid membership by going to: 

https://indooragcenter.org

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How Indoor Farming Is Shaping The Future of The Agriculture And Curbing Climate Change

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October 14, 2020

Irving Fain - Bowery Farming Founder & CEO joins Yahoo Finance’s On The Move panel to discuss how the vertical farming company has expanded into more than 650 U.S. stores as well as break down how consumer demands are changing our food systems.

ADAM SHAPIRO: Farming revolution under the way. Sustainable farming, but the kind of farming that takes place indoors and on rooftops. To talk about this, we bring in Irving Fain. He's Bowery Farming founder and CEO.

Years ago, I got to see an indoor marijuana farm, essentially, where they grew everything in a ground coconut shell, but it was incredibly efficient the way the nutrients and the water were recycled. And I would imagine that's part of what you do.

But what's even cooler about this is, you're already supplying, what, is it 600 plus stores in the tri-state area with your produce. So how does someone who's got their start in software and finance go into farming?

IRVING FAIN: Yeah, it's a good question, Adam. Thanks for having me. I think I've been a believer since I was a young kid that the technology and the innovation economy could be used to solve hard problems and important problems.

And when you look at what's happening with the climate crisis right now, you look at the fires in California, you look at the storms we've been seeing, you look at just the droughts we've been going through for the last decade-plus, there is no greater cause of climate harm than agriculture. It is the largest consumer of resources globally. 70% of the world's water goes to ag every year. And we use about 6 billion pounds of pesticides annually across the world.

And so, in the last 40 years alone, we've lost 30% of all of our arable farmlands. And you look at the fact that the world population is increasing. We need more food to feed that growing population. And we are urbanizing at a faster and faster rate. I just got really obsessed with this question of, how do you get fresh food to urban environments, and how do you do that more efficiently and more sustainably?

JULIE HYMAN: Irving, it's Julie here. Thank you for joining us. You know, this has seemed to be a trend. We spoke with a company recently that was going public through a SPAC that was a big indoor farming company. That person, too, was not necessarily a farmer, right?

As Adam mentioned, you're from a banking and tech background. And so I'm curious, is the farming industry, so to speak, onboard? We have talked a lot on this show about how family farms are dying, in many cases. The economics are really tough there. So I'm wondering how much this new part of the industry is incorporating the old, and how much those people might be on board?

IRVING FAIN: Yeah, you know, I think what's so exciting to see right now, Julie, is just the fact that technology is penetrating all areas of agriculture right now. So you're seeing precision agriculture on the farms. So we can give crops much more precise amounts of water or fertilizers versus just dumping from planes or spreaders like you can see on the photo right now.

You're seeing the use of satellite imagery and drone imagery. So I think when you look at innovation in agriculture, we've got to look at indoor farming as a part of a larger puzzle. We are a piece of this puzzle, a very important piece of it because the fresh produce industry is so critical.

But in order to solve a problem where agriculture is consuming so many of these resources, where our climate is being stretched in the way that it is, we're going to need cooperation from outdoor farmers and indoor farmers alike.

MELODY HAHM: And Irving, I think the company that Julie was mentioning was AppHarvest. Also news today that SoftBank is leading a $140 million funding round for Plenty, of course, your counterpart there. And actually, Driscoll's, the berry company, is going to be an investor.

I want to think about the idea of vertical farming. Speaking with folks who are in very saturated cities or very cosmopolitan areas, as I understand it, vertical farming was another way to provide fresh fruits, fresh veggies to perhaps lower-income students, many of whom depended on their schools for breakfast, lunch, and even dinner sometimes.

How have you been navigating this space, if at all? And what's your vision therein allowing a lot of these fresh produce items to reach the masses and perhaps those who wouldn't be able to afford some fresh things at Whole Foods?

IRVING FAIN: Yeah, no, it's a great question, Melody. And so, you know, at Bowery, we're building the modern farming company. And, you know, we're really proud to be the largest indoor vertical farming company in the United States right now. And we are building smart farms that are close to the cities that we're serving. And we really take the responsibility of the community members seriously.

And so that, for us, means a number of things. We're engaging with nonprofit partners in the mid-Atlantic, where we are, as well as in the tri-state area. We're actually the largest donation partner for fresh produce in the Maryland Food Bank right now.

We're actually selling a wholesale product to the DC Central Kitchen Healthy Corners Program right now. And what they then do is they take that produce and they bring it into corner stores in food deserts across the Baltimore and the DC area. And they sell that at a subsidized price inside coolers to get fresh, healthy produce to consumers who may have a difficult time achieving that.

That's a really critical piece, but also, we have just built Bowery under the belief that we want to democratize access to high-quality fresh food. Everybody should be able to eat great produce. And the produce we're growing is, it is like the produce you remember from your grandparents' garden.

And so you can find Bowery products everywhere from Whole Foods or a Giant, all the way to retailers like Walmart and then online retailers as well. And so we really believe in spreading the access to what we're growing at Bowery.

ADAM SHAPIRO: I am curious because I think a lot of people, there's a passion about what you're doing with this farming revolution. But it's all about yield when you talk about crops. So can you give us a perspective of where the indoor farming market stands with its yield? And potentially, we're talking about feeding, at least this country, with things that are grown in this manner, or is that really a pipe dream?

IRVING FAIN: No it's the right question to ask. I think it's one of the reasons why, at Bowery, we've invested really heavily in the technology side of what we're building. And so, we're building warehouse-scale indoor farms. We stack our crops from the floor to the ceiling. And we grow under lights that mimic the spectrum of the sun.

And so we can grow year-round, independent of weather and seasonality. It is pesticide-free, protected produce. We're 100 times plus more productive than a square foot of farmland. And we use only a fraction of water compared to traditional agriculture. And what really makes that possible is innovation that we've been driving in robotics and automation, as well as innovation around the software side.

So we've built something called the Bowery OS, Adam, which is, it's the brains of our farm. It's a proprietary system, and it uses software, computer vision, machine learning to both monitor and manage our crops to ensure they're getting exactly what they need when they need it. They're as flavorful as possible. And they're harvested at that peak yield and peak freshness.

So it really is where technology marries traditional growing and traditional agriculture, which comes together. And it creates an enormous opportunity. I mean from our view, this is a $100 billion a year opportunity in the US and probably about a trillion dollar a year opportunity globally.

And that's not for every crop. We don't look at staple crops, for instance, corn and wheat and soy, as areas that we're necessarily focused in today. Could you do that eventually? You know, technology has a nice way of surprising us. But that's not something where we're focused or counting on right now. And you don't need that to build a big business.

ADAM SHAPIRO: Look, I tried to grow tomatoes on the 18th floor, the terrace out here. And I refer to them as the toxic tomatoes because it was a disaster. I want to thank you for joining us, Irving Fain, Bowery Farming founder, and CEO.

Autogrow Expands Into Europe With New Role And New Farm Solutions

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 29 September 2020: Autogrow has ramped up their activity in the Northern Hemisphere by establishing a new Sales Director Europe and U.K. role based in the Netherlands supporting their expanding customer base for new digital farming solutions FarmRoad® and Folium®.

 CEO Darryn Keiller says, “this expansion into Europe is counter-intuitive during a pandemic however innovation and crop production doesn’t slow down, and the challenges growers face haven’t disappeared because of COVID-19. In fact, they have been exacerbated by the pandemic. We think now is the perfect time to introduce solutions that will help growers with productivity, gain greater economic benefits, and transform the market. Added to which, with cross-border restrictions and travel limitations likely to remain in place in the foreseeable future, establishing a local presence is the right move.” 

“The Netherlands has been recognized by the World Economic Forum as a leader in efficient and sustainable agriculture and, after the United States, is the second-largest exporter of agriculture in the world. By establishing a role in the region, we create strong ties with growers and, like our partnerships in the United States, introduce our new digital farming solutions FarmRoad and Folium.”

Autogrow has been working closely over the past few months with customers and distributors in the region including some of the largest tomato producers. They are delighted to be working alongside Van der Voort, a member of the Prominent farming cooperative, who share Autogrow's focus on sustainable farming practices.

“We have been growing tomatoes for over 50 years and technology has always played a pivotal role in our success. With multiple farms and increasing production, we look for solutions that are leading the AgTech market. The work the Autogrow team are doing with sensor technology and farm management solutions is cutting edge and we are excited to be working together,” says Van der Voort Co-Owner, Joost Van der Voort.

Although Autogrow’s headquarters is based in New Zealand, large geographical distances have never hindered the organization from successfully operating on the global stage. Their endeavors also have the support of the New Zealand Government.

“It’s exciting to see AgTech innovation developed in New Zealand supporting growers here,” says Ariane Gonzalez, New Zealand Trade Commissioner to the Netherlands.

“New Zealand is recognized on the global stage for producing efficient and effective agricultural solutions that work in a range of climates, and this is another great example of that in action,” says Ms Gonzalez.

In addition, Autogrow has assistance from InnovationQuarter, the regional economic development agency for the Province of Zuid-Holland. 

"The Netherlands, and Rotterdam - The Hague area specifically, is the worldwide center of horticulture. We are eager to attract and facilitate innovators with exciting solutions as Autogrow. They are a great addition to our region and the sector and support our regional economy. Next to that they benefit and contribute to strengthening our ecosystem of innovative companies in horticulture, impacting the societal challenge for feeding and greening the mega-cities of the future,” explains Chris van Voorden, Head of Internationalization at InnovationQuarter.

Autogrow is currently recruiting for the new role with the expectation to have someone in place over the next few months.

To see the advertised role - https://www.ceresrecruitment.nl/en/vacancy/sales-director-uk-europe/CEBI03123-en 

For more information on Folium Network Sensor - https://autogrow.com/products/folium

For more information on Yield Prediction by FarmRoad - https://www.farmroad.io/ 

MEDIA QUERIES

Kylie Horomia, Head of Brand & Communications
(e) Kylie.horomia@autogrow.com
(m) +6421 733 025
(w) www.autogrow.com  www.farmroad.io  

Sales queries – sales@autogrow.com

 About Autogrow

Autogrow leverages the power of technology, data science, and plant biology to provide indoor growers affordable, accessible, and easy-to-use innovation – 24/7, anywhere in the world. 

Our hardware, software, and data solutions support growers and resellers in over 40 countries producing over 100 different crop types.

We are the experts in Controlled Environment Agriculture (CEA) and continue to stay ahead of a rapidly evolving landscape.

Martha Stewart, J.D. Vance And Impossible Foods’ David Lee Join Board of AgTech Leader AppHarvest

The company adds executives from The Carlyle Group, Impossible Foods and raises new round from sustainability-focused investors such as Jeffrey Ubben and James Murdoch as COVID-19 heightens need for more resilient domestic supply chains

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AUGUST 6, 2020 – MOREHEAD, KENTUCKY – AppHarvest announced today that food entrepreneur and icon Martha Stewart, Impossible Foods Chief Financial Officer David Lee, and best-selling author and investor J.D. Vance, have joined the company’s Board of Directors as it prepares to open one of the world’s largest indoor farms this fall in Morehead, KY. Starting with non-GMO tomatoes, AppHarvest’s farms will provide freshly grown American fruits and vegetables for national grocers, meeting the enormous and growing demand for locally grown produce amidst the supply chain challenges created by the current COVID-19 pandemic.

“The future of food will be, has to be, growing nutrient-rich and delicious produce closer to where we eat,” Stewart said. “That means food that tastes better and food that we feel better about consuming. AppHarvest is driving us towards that future and working from within Appalachia to elevate the region.”

Added Vance, “The last few months have taught us that our food system is a little more precarious than we realized. AppHarvest will change that, and it will do so by building a sustainable, durable business in Appalachia, and investing in the people who call it home.”

Added Lee, “AppHarvest’s innovative approach to agriculture has the potential to dramatically change the way we get our produce and the impact our food has on the natural environment. I’m excited to join their mission as they enter this next phase of growth.”

Anna Mason, Partner at Revolution’s Rise of the Rest Seed Fund, the fund led by AOL Co-founder Steve Case to back companies outside of Silicon Valley, will also join the Board. “AppHarvest’s rapid expansion and job creation is exactly what Rise of the Rest envisioned with its focus on helping companies in Middle America grow,” Mason said.

Inspired by the belief that the technology already exists today to grow dramatically more food, with far fewer resources, AppHarvest’s indoor farms reduce the need for acreage, use no harmful pesticides, lessen fuel used in shipping, and are the first of their size that will rely entirely on recycled rainwater for all water needs. AppHarvest’s closed-loop water system eliminates agricultural runoff common in open-field agriculture. This is critical as the U.S. ramps up efforts to secure food systems that can withstand health and climate disruptions.

“It’s time for agriculture in America to change,” said AppHarvest Founder & CEO Jonathan Webb. “The pandemic has demonstrated the need to establish more resilient food systems, and our work is on the forefront of that effort. Eastern Kentucky, with its central U.S. location, provides the perfect place to build AppHarvest’s indoor farms while also providing much-needed jobs to a ready workforce.”

AppHarvest’s 2.76-million-square-foot controlled environment agriculture facility has already created 100 construction jobs and will create more than 300 full-time permanent jobs for residents of Eastern Kentucky, where 44 percent more residents are unemployed than the national average.

With its vision to create America’s AgTech capital in Appalachia, AppHarvest has been recognized for its focus on social good. The company has been certified by the independent non-profit B Lab as a
B Corporation, passing a rigorous audit of its sustainability practices.

AppHarvest is also announcing the hires of Marcella Butler as the company’s first Chief People Officer, Jackie Roberts as its first Chief Sustainability Officer, and Geof Rochester as its first Chief Marketing Officer. Butler joins AppHarvest after serving as Impossible Foods' first Chief People Officer, where she led the tripling of employees to more than 650 individuals. Prior to joining Impossible Foods, she worked at Google, first in People Operations, followed by Corporate Development, where she led global acquisition due diligence and integration activities. Roberts joins AppHarvest from The Carlyle Group, where her roles included Chief Sustainability Officer. Prior to The Carlyle Group, she served in several senior roles at the Environmental Defense Fund. Rochester, who has decades of experience in marketing and corporate social responsibility, previously served as Managing Director and Chief Marketing Officer of The Nature Conservancy with prior work at WWE, Showtime, Comcast, and Procter & Gamble.

AppHarvest’s Board and staff additions come as the company closes its $28 million Series C funding round. Combined with the company’s prior funding rounds, including project financing, AppHarvest has attracted more than $150 million in investment in just over two years.

Narya, the new venture capital firm co-founded by Vance and Colin Greenspon as well as backed by leading entrepreneur and venture capitalist Peter Thiel, led the investment round with participation from existing investors ValueAct Capital’s Spring Fund, Revolution’s Rise of the Rest Seed Fund, and Equilibrium, which has provided nearly $100 million in project financing to date.

New investors include Lupa Systems, the private investment firm founded last year by James Murdoch (who along with the ValueAct Spring Fund and Equilibrium, are leading the way for venture’s expansion into sustainability-focused investments); Breyer Capital, founded by early Facebook investor Jim Breyer; food and agriculture fund S2G Ventures (Seed 2 Growth); Black Capital, led by NBA legend Kevin Johnson; and Endeavor Catalyst, the co-investment vehicle through which Endeavor invests into companies founded by its entrepreneurs. Endeavor selected Webb as an Endeavor Entrepreneur in 2019.

“AppHarvest is poised to be a leader of the modern agricultural transformation, and we’re enthused to be a part of its upcoming launch and growth phases both in the U.S. and internationally,” said Frederic Michel, Partner at Lupa Systems. “The team is developing a compelling model that can respond rapidly to the needs for efficiency, sustainability, quality, and resiliency in the food sector today.”

The Series C funding round will allow the company to continue to recruit top-tier talent from around the globe as it prepares to build additional farms throughout Central Appalachia.

About AppHarvest

AppHarvest is building some of the world’s largest indoor farms, combining conventional agricultural techniques with today’s technology to grow non-GMO, chemical-free fruits and vegetables to be sold to the top 25 U.S. grocers. The company has developed a unique system to reduce water usage by 90% compared to typical farms, as a 10-acre, on-site rainwater retention pond pairs with sophisticated circular irrigation systems. The system also eliminates agricultural runoff entirely. By locating within Appalachia, AppHarvest benefits from being less than a day’s drive to 70% of the U.S. population. That lowers diesel use in transportation costs by 80%, allowing the company's fresher produce to compete against low-cost foreign imports.

CubicFarms Attracts $1.16 Million Investment From Leading Dairy Entrepreneur Harry DeWit and Company Insiders

NEWS PROVIDED BY

CubicFarm Systems Corp. 

Jul 15, 2020

VANCOUVER, BC, July 15, 2020, /CNW/ - CubicFarm® Systems Corp. (TSXV: CUB) ("CubicFarms" or the "Company") is pleased to announce a non-brokered private placement with Harry DeWit and company insiders, involving the issuance of 1,659,600 common shares of CubicFarms at a price of C$0.70 per share for gross proceeds of up to C$1,161,720 (the "Offering"). Insiders participating in the Offering include Jeff Booth, Chairman; Rodrigo Santana, Chief Operating Officer; and Tim Fernback, Chief Financial Officer.

Harry DeWit is CEO and President of Blue Sky Farms, a Texas and Ohio-based dairy and farming business producing 1.2 million pounds of quality milk per day. He has been lauded as a forward-thinking dairy entrepreneur, having been awarded the International Dairy Foods Association's "Innovative Dairy Farmer of the Year", which recognizes the valuable contributions of progressive dairy producers. His soil conservation efforts were recognized by the USDA's National Resources Conservation Service.

Mr. DeWit commented: "Sustainability, efficiency, and automation have always been at the core of my business endeavors. I have looked to technology to conserve water, reduce labor, and generally improve the efficiency of my daily operations. When CubicFarms' board member John de Jonge introduced me to CubicFarms' HydroGreen system that automates the growth of livestock feed, I had to learn more about the company.

"CubicFarms' HydroGreen technology enables a more sustainable farming operation in that one system displaces thirty acres of land used for livestock forage production, not to mention the cost savings in labor, water, energy, and fertilizers. Providing fresh HydroGreen feed on a daily basis to a herd of cows should bring the herd to a higher production level with health benefits."

CubicFarms CEO Dave Dinesen commented: "Top tier ag-tech investor Ospraie Ag Science has added tremendous value to CubicFarms from day one of becoming a strategic investor just two months ago. We have benefitted from Ospraie's vast network, sector expertise, and vision in our company-building efforts. We are now pleased to welcome Harry to the roster of company supporters. An investment from an industry stalwart such as Harry is a big vote of confidence in CubicFarms and our HydroGreen livestock feed division."

The net proceeds from the Offering are expected to be used for research and development to expand machine capabilities and crop varieties, and working capital.

The Offering is scheduled to close on or about July 28, 2020, and is subject to certain conditions, including, but not limited to, the execution of definitive documentation and receipt of all necessary approvals, including the approval of the TSX Venture Exchange. All securities issued pursuant to the Offering will be subject to a hold period under applicable securities laws, which will expire four months plus one day from the closing date of the Offering.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States unless an exemption from such registration is available.

Neither the TSX Venture Exchange nor it’s Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About CubicFarm® Systems Corp.

CubicFarm Systems Corp. ("CubicFarms") is a technology company that is developing and deploying technology to feed a changing world. Its proprietary technologies enable growers around the world to produce high-quality, predictable crop yields. CubicFarms has two distinct technologies that address two distinct markets. The first technology is its patented CubicFarm™ System, which contains patented technology for growing leafy greens and other crops. Using its unique, undulating-path growing system, the Company addresses the main challenges within the indoor farming industry by significantly reducing the need for physical labor and energy, and maximizing yield per cubic foot. CubicFarms leverages its patented technology by operating its own R&D facility in Pitt Meadows, British Columbia, selling the System to growers, licensing its technology, and providing vertical farming expertise to its customers. The second technology is CubicFarms' HydroGreen System for growing nutritious livestock feed. This system utilizes a unique process to sprout grains, such as barley and wheat, in a controlled environment with minimal use of land, labor, and water. The HydroGreen System is fully automated and performs all growing functions including seeding, watering, lighting, harvesting, and re-seeding – all with the push of a button – to deliver nutritious livestock feed without the typical investment in fertilizer, chemicals, fuel, field equipment, and transportation. The HydroGreen System not only provides superior nutritious feed to benefit the animal but also enables significant environmental benefits to the farm.

Cautionary statement on forward-looking information

Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including, without limitation, statements with respect to the use of proceeds of the Offering and the potential benefits of Harry DeWit's investment to the Company. Such statements involve known and unknown risks, uncertainties, and other factors including evolving market conditions, which may cause the actual results, performance, or achievements of CubicFarm Systems Corp., or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements or information including the Company obtaining the approval of the Offering from the TSX Venture Exchange. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict", and other similar terminology, or state that certain actions, events, or results "may", "could", "would", "might", or "will" be taken, occur, or be achieved.

These statements reflect the Company's current expectations regarding future events, performance, and results and speak only as of the date of this news release. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company's expectations regarding future events, performance, or results change. 

SOURCE CubicFarm Systems Corp.

For further information: Kimberly Lim, kimberly@cubicfarms.com, Phone: +1-236-858-6491, www.cubicfarms.com