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Land O’Lakes SUSTAINFeeding Human Progress
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The food space is where our b iggest g lobal chal lenges p lay out .
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Climate change poses economic threat to U.S. Agriculture
5Source : American Climate Prospectus, “Economic Risks in the United States,” October 2014, Accuweather 2016
Example projections of the impact from climate change
(Relative Change in Yields %)
2020-20392040-2059
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Food Waste: A Multi-Billon Dollar Problem
If food waste were a country, it would be the world's third largest emitter of greenhouse gases, behind the U.S. and China.
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We need to grow more with less and conserve our resources
CLOSING
THE FOOD GAP
SUPPORTING
ECONOMIC DEVELOPMENT
REDUCING
ENVIRONMENTAL IMPACT
28%60%Required increase in
food calories to feed 9
billion people by 2050
Global population directly
or indirectly employed by
agriculture
24%Global greenhouse
gas emissions
from agriculture
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The Land O’Lakes Network Spanning Farm to Fridge Since 1921
With nearly 4,000 members the Land O’Lakes
network touches:
• 25% of America’s farmers
• 30% of American animal protein
• 50% of America’s harvested acres
• 90% of America’s grocery retail outlets
Dairy Foods
Purina Winfield SUSTAIN
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Land O'Lakes SUSTAIN Works to Support
• A healthier planet
• Strong rural and farm economies
• Connecting consumers to farmers
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Uniquely positioned across the value chain
Farmer-owned
Production Consumer
Branded Goods
Marketing
& Sales
B2B / Industrial
Marketing
& Sales
R&D /
ManufacturingPrimary
Processing
Milk
QualityAnimal
Nutrition
Crop Inputs
& Insights
Seed
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We are farmers.
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We are ag retailers, trusted advisors to farmers.
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We are a farmer-owned cooperative, with a Fortune 500 mindset.
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A n I n d i v i d u a l F a r m e r C a n H a ve a
S i g n i f i c a n t S u s t a i n a b i l i t y
I m p a c t
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Providing Systemic Solutions Throughout the Value Chain
• Meet farmers where they are on their stewardship journey
• Creating conservation solutions acre-by-acre & animal-by-animal
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DELIVERING
Unmatched scale and capability
to engage farmers in
advancing conservation
solutions across millions of
acres of farmland
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COLLECTING
On-farm data to help farmers
continuously improve their
stewardship and help
consumers understand how their food was produced
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CONNECTING
The food and agriculture value
chain – bringing together
company-level sustainability
commitments and acre-by-acre
conservation
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Innovat ion at Land O’Lakes SUSTAIN
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Pay-for-Success Financing Model in Agriculture
City, other public & private agencies
Repays investors if specific water
quality outcomes are
achieved
Works with farmers to plan and implement AG BMPs
Impact Investors
Provides up-front capital to scale services
Ag BMP provider
Evaluator
Ag BMP PFS transaction will provide upfront capital from a third party investor to scale evidence-based interventions, with repayment linked to achieving target outcomes
Measures and monitors outcomes achieved
Multiple farmers and coops – corn,
soybean, dairy, etc.
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Equity-based Financing for Innovative Conservation Member-Owner Projects
In 2017, Van Beek Brothers’ Dairy was awarded a $1.5 million loan to install a methane digester
The digester will manage manure from their 2,300 dairy cows togenerate renewable energy and meet the pending methane regulations in California.
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Converting Manure into high value byproducts through dairy digesters
Digesters use heat to turn manure from cows into biogas for utilities
Animal Waste
Digester Biogas
Existing Natural
Gas Pipeline
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Land O’Lakes SUSTAIN™ Data Tool
BASELINE
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Combatting Food Waste with Farmers AND Consumers
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“Turning America ’s
farmers into earth a l l ies”
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“Shareholders are
rewarding resiliency when
companies climate-proof
their global operations.
And customers, especially
millennials, expect
sustainability to be baked
into the things they buy. In
short, business is looking
to drive bottom-line value,
including growth, with
sustainability.”
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No one farmer, company, conservation
group, government entity can scale
sustainability efforts on their own.
We must work together to connect every
link in the food supply chain - from farm
to fork.
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Thank you.
Twitter: @mattcars1or
Connect with me on LinkedIn Matt Carstens