the future of agriculture - farm foundation
TRANSCRIPT
The Future of AgricultureM I K E P A R R I S H
V I C E P R E S I D E N T
P U B L I C A N D I N D U S T R Y A F F A I R S
@MJP02
Outline
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Past: Farming was just farming.
Present: Soybeans are no longer soybeans. Corn is no longer corn.
Future: Complexity reigns.
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Data Source: Global Trade Atlas; Data is for 2016.
Mexico 11,851,515 Iran 4,790,853 Vietnam 4,424,295 Egypt 2,579,667
Japan 11,063,806 Vietnam 2,877,048 Egypt 3,069,007 China 2,577,373
Korea South 4,357,611 Japan 2,690,879 Algeria 2,647,267 Spain 2,123,983
Colombia 3,458,531 Malaysia 1,609,354 Malaysia 1,945,597 Iran 1,903,790
Peru 1,816,628 Egypt 1,500,569 South Africa 1,729,086 Italy 1,307,341
Taiwan 1,742,869 Korea South 1,482,763 Korea South 1,647,232 Netherlands 1,247,281
Saudi Arabia 1,262,351 Taiwan 1,381,126 Brazil 1,622,673 Portugal 789,886
Venezuela 1,153,269 Indonesia 777,504 Saudi Arabia 978,755 Tunisia 683,118
Egypt 969,859 Bangladesh 723,519 Morocco 933,134 Israel 488,704
Guatemala 812,191 Saudi Arabia 667,113 Jordan 633,734 Korea South 416,587
Others 17,652,897 Others 3,341,617 Others 4,853,054 Others 3,164,498
Total 56,141,527 Total 21,842,345 Total 24,483,834 Total 17,282,228
Share of World
Trade26%
Share of World
Trade10%
Share of World
Trade11% Share of World Trade 8%
Corn - Top 10 Destinations by Tonnage (MT)
US Brazil Argentina Ukraine
Corn Trade Flows
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Data Source: Global Trade Atlas; Data is for 2016.
China 35,848,627 China 38,563,909 China 7,792,821
Mexico 3,649,933 Spain 1,621,691 Egypt 632,548
Indonesia 2,579,940 Thailand 1,533,827 Chile 91,859
Japan 2,363,215 Netherlands 1,490,261 Cuba 69,284
Netherlands 1,961,397 Iran 1,182,706 Italy 59,377
Taiwan 1,520,201 Russia 1,017,379 Venezuela 56,000
Germany 1,193,516 Taiwan 893,537 United States 55,097
Thailand 909,354 Germany 758,246 Iran 37,000
Spain 895,232 Korea South 524,340 Thailand 36,312
Vietnam 863,248 Italy 494,207 Russia 26,244
Others 5,920,944 Others 3,501,772 Others 90,416
Total 57,705,607 Total 51,581,875 Total 8,946,958
Share of
World Trade 43%
Share of
World Trade 38%
Share of
World Trade 7%
Soybeans - Top 10 Destinations by Tonnage (MT)
US Brazil Argentina
Soybean Trade Flows
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Wheat Trade Flows
Data Source: Global Trade Atlas; Data is for 2015.
Japan 2,767,027 Algeria 6,850,678 United States 2,416,273 Egypt 4,533,808 Egypt 1,803,065 Indonesia 4,155,015
M exico 2,604,773 Egypt 3,432,508 Indonesia 1,792,861 Turkey 3,117,789 Thailand 1,695,197 China 1,381,596
Philippines 2,048,492 Saudi Arabia 2,580,408 Japan 1,557,870 Iran 1,527,760 Indonesia 973,045 Vietnam 1,305,799
Nigeria 1,859,511 M orocco 2,238,648 Peru 1,461,206 Azerbaijan 1,236,859 South Korea 969,267 Yemen 1,087,411
South Korea 1,105,666 Iran 1,364,059 Italy 1,318,459 South Africa 927,204 Spain 878,939 Korea, South 1,052,715
Taiwan 1,048,859 Tunisia 881,586 Bangladesh 1,175,415 Bangladesh 891,727 Bangladesh 840,974 M alaysia 894,853
Italy 796,325 Thailand 831,343 Venezuela 1,156,048 Nigeria 865,868 Philippines 643,685 Japan 882,184
Thailand 750,503 Yemen 658,628 China 1,033,194 Yemen 680,307 Tunisia 618,329 Philippines 663,731
Colombia 683,290 Kenya 658,025 Colombia 946,939 Georgia 488,187 Italy 618,045 New Zealand 480,374
China 548,274 Libya 598,814 M exico 891,196 Kenya 476,097 Israel 575,082 Thailand 472,924
Others 6,827,313 Others 11,322,017 Others 9,805,916 Others 6,460,464 Others 3,834,336 Others 4,243,987
Total 21,040,033 Total 31,416,712 Total 23,555,377 Total 21,206,069 Total 13,449,964 Total 16,620,589
Share of
World Trade 13%
Share of
World Trade 19%
Share of World
Trade 14%
Share of
World Trade 13%
Share of
World Trade 8%
Share of
World Trade 10%
Australia
Wheat - Top 10 Destinations by Tonnage (MT)
US European Union Canada Russia Ukraine
TECHNOLOGY PLATFORMS
Technology Today
Biotechnology, Breeding, New Breeding Tech
Crop Protection & Chemistry Discovery
Microbials & RNAi
Software, Remote Sensing &
Measurements
Robotics & Automation
Information Technology
Solutions
Nucleic Acid Delivery
Technologies
Water & Soil Management
Crop
Protection
Plant
Breeding
Plant
Biotechnology
Ag Biologicals
R&D
PIPELINE
PLATFORMS
AG INNOVATION PRIORITIES
Phenotyping
Protein Sciences
Insect & Disease Control
Digital Ag
Disruptive New Technologies Are Changing Global Agriculture Landscape
NEW INVESTMENTS ARE
CHANGING THE FUTURE
• More money invested in global
agriculture than any other time in
history - >$10 billion in 2015
• 2015 was a record year for AgTech
investments by VC communities,
$4.6 billion
THE PACE OF INNOVATION IS
ACCELERATING
• New technologies being applied
to ag products
• Artificial Intelligence poised to
have a big impact
• 200 companies seeking approvals
for new biotech products
NEW ENTRANTS INCREASE
TECHNOLOGIES
• Industry is increasingly complex
• New entrants everyday - startups
likely to drive future innovation
• Non-traditional and traditional
investors add new dynamic --
Google, universities, food
companies, distribution chains
THREE DYNAMIC TRENDS SHAPING GLOBAL AGRICULTURE
All logos are property of their respective owners.
Microsoft
Precision Genome Editing Is An Important New Technology for Our Seeds and Traits Business
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Genome-editing technologies can simplify breeding and biotech, driving genetic gain and R&D efficiencies, building upon existing competencies and expertise
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SITE-DIRECTED
INTEGRATION
GENOME
ENGINEERING
• Gene inactivation (“knock out” gene
for protein production)
• Gene modification (improve or
change protein activity)
• Gene insertions at specific
locations (potential cost savings
for breeding)
DIVERSE GLOBAL & CROP APPLICATIONS
TEC
HN
OLO
GY
CO
MP
LEX
ITY
/ IN
NO
VA
TIO
N
TARGETED GENETIC DIVERSITY
Single Gene Edits
Multiple Gene Edits
Single Gene Knock-outs
• Site Directed Integration
• Complex Stacks
• Core Platform Development
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2
3Advancements in genome-
editing research can offer a wide
array of benefits to global
agriculture and for cropping
systems that farmers grow.
GENOME EDITING OFFERS NEW BENEFITS FOR AGRICULTURE
• Opportunity to accelerate
speed-to-market with new
products and product
improvements across traits
and stacks
• Opportunity to reduce
costs due to potentially
faster regulatory timelines
and streamlined trait
integration
• Opportunity to open up new
markets
MONSANTO GENOME-EDITING RESEARCH AREAS
TRANSFORMATIVE TOOLS
RNA-GUIDED
PROTEIN-GUIDED
PRECISION ENGINE
DEPLOYMENT OPPORTUNITY
GERMPLASM
High-performing genetics in leading brands in key crops, countries
• The Broad Institute
• TargetGene Biotechnologies
• DOW AgroSciences
• Nomad Bioscience GmbH
GENOMICS
Leading platform of genomic testing for traits and field performance
TESTING NETWORK
Expansive field testing network, wraps around the globe 2 times
Advances In Information Technology Poised To Drive Next Green Revolution
Connecting the Field With Climate Fieldview Platform
Nitrate SensorNear-plant sensors
for measuring leaf index, CO2
Climate FieldView™ Gauge for Enhanced Precipitation
3rd Party
Technology
& Platform
Partners
Connected Equipment &
On-the-Go Sensors
Climate
Technology
Digital
HUB
On Equipment Soil Mapping
Soil Moisture & Temperature Probe
Advanced soil mapping
In-Field Sensor Network Helps Unlock Untapped Yield Potential
Sub-Field Nitrogen Monitoring Tool
18lbs N/ac
Deficit
26lbs N/ac
Remaining
22lbs N/ac
Remaining
7lbs N/ac Deficit
37lbs N/ac Deficit
3lbs N/ac Deficit
Agriculture R&D Spending in Perspective
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Drug Industry
Data Science
Automotive
Food/Agriculture
Just As Important As The Work We Do… Is Teaching Others About What We Do
P a r t i c i p a t i n g i n a l a r g e r d i s c u s s i o n a r o u n d s c i e n c e ,
f o o d p r o d u c t i o n
L i s t e n t o w h a t m a t t e r s t o c o n s u m e r s ; d r i v e
t r a n s p a r e n c y
W o r k i n g w i t h t h i r d p a r t i e s t o a d d r e s s k e y t o p i c s
S u p p o r t i n g s c i e n c e - b a s e d p o l i c y , s u p p o r t a c c e s s t o a g
t e c h n o l o g i e s
THANK YOU