The Promise of Abundant, Sustainable Agriculture

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1

2 The Promise of Abundant, Sustainable Agriculture 2

3 3 TECHNOLOGY EVOLVES

4 TECHNOLOGY EVOLVES 1956 IBM HARD DRIVE 5MB OF STORAGE 4

5 TECHNOLOGY EVOLVES First Laser (Light Amplification by Stimulated Emission of Radiation) 5

6 6 TECHNOLOGY EVOLVES

7 7 TECHNOLOGY EVOLVES

8 Can we grow enough corn? Bushels Per Acre Time 8

9 Historical Corn Yields Molecular Breeding and Stacking Computers, Transgenics Bushels Per Acre Open Pollinated Single Cross Hybrids 2X, 3X, More Commercial Fertilizer Time 9

10 TECHNOLOGY EVOLVES Corn Yield Data Yield Yield

11 Farmland the size of Indiana lost to development 23 Million Acres 11

12 Productivity Per Acre 20 Years of Progress Yield (Bushels Per Acre) Acres To Produce 13 Billion Bushels ,499,570 Yield (Bushels Per Acre) Acres Required ,724, ,697,551 "Virtual Acres" created 29,026, ,603,148 "Virtual" Acres Created 33,896,422 12

13 13 (USDA, U. of Nb., Field To Market )

14 ainability Gains 20 Years of Progress Increasing adoption of hybrids with insect-resistant and herbicide-tolerant traits and precision application have greatly reduced the need for synthetic applications of herbicides and insecticides. Insecticide Pounds Per Acre Herbicide Pounds Per Acre 14 Source: USDA

15 20 Years of Progress COMMERCIAL NITROGEN APPLIED PER BUSHEL OF CORN PRODUCED Pounds per Bushel ACTUAL & TREND TO Pound per Bushel 0.80 APPLIED PHOSPHATE PER BUSHEL OF CORN PRODUCED ACTUAL & TREND TO Actual Trend Actual Trend Source: Blue, Johnson & Associates, Inc Source: Blue, Johnson & Associates, Inc. Pounds per Bushel 1.00 APPLIED POTASH PER BUSHEL OF CORN PRODUCED ACTUAL & TREND TO 2030 Nitrogen Phosphate Potash Total Used Actual Trend -10.0% Source: Blue, Johnson & Associates, Inc % -50.6% -54.7% % Change in Pounds/Bushel Source: Blue, Johnson & Assoc. Inc. & The Fertilizer Institute 15

16 Productivity Per Acre Developing World Productivity Opportunities Corn production 2007, Actual and Potential with US yields. 350 Million Metric Tons Billion Bushels Another 17 Billion Bushels From 2007 Technology! U.S. Brazil South Africa North Africa Sub-Saharan Africa East Asia South Asia 0 16

17 Can we grow enough Corn? Yes, from a technology standpoint 17

18 Can we grow enough corn? Yes, from a technology standpoint Perhaps not, if consumers don t like the way we grow it 18

19 Can we grow enough corn? Yes, from a technology standpoint Perhaps not, if consumers don t like the way we grow it Agriculture must proactively manage nutrients to gain customer acceptance 19

20 20 Sustainability Challenges

21 Proactive Technologies Solutions that are Smarter, Faster and more precise 21

22 Proactive Technologies Biggerwider Vs. Smarterbetter 22

23 THE BIGGERWIDER SOLUTION 23

24 THE BIGGERWIDER SOLUTION 24

25 25 THE BIGGERWIDER SOLUTION

26 The Fork in the Road? Biggerwider? More horsepower More fuel consumption More carbon emissions More weight and compaction More capital (probably) 26

27 Proactive Technologies The Smarterbetter Solution? 27

28 28 Proactive Technologies

29 Proactive Technologies More soil friendly (less compaction) Low draft loads (less horsepower, less carbon) High residue capabilities High speed operation High speed pit stops Smaller? Axle loads, tire capacities are issues NH3 or UAN (urea may involve too much soil disturbance or crop injury or volatilization) Enable precise nutrient and crop care application Subsurface application in sensitive watersheds Emphasis on productivity through efficiency 29

30 Proactive Technologies Technologies and Enablers Silicon processors replace carbon processors RTK Guidance to eliminate overlap, enable speed, precise nutrient location Geospatial control at each opener/nozzle Variable rate application tied to soil history, location, permeability, etc. collect, share, manipulate, analyze and act on machine data Enable multiple application Make multiple applications practical and routine Real time sensing of nutrient needs Minimize carbon footprint Mistakeproofing (Silicon processors can be better than carbon processors in eliminating misapplication) Emphasis on productivity through efficiency 30

31 31 Proactive Technologies

32 From Product focused to Solution focused Operational Efficiency Asset Utilization Superior Nitrogen Management 32

33 33 High Speed Liquid Pit Stops

34 34 High Speed Nitrogen Applicator

35 35 High Speed NH3 Pit Stops

36 Some Results 23R 2510H w/pitstop Pro VS. 25R Conventional Bar 36

37 Side by Side Results 23R 2510H w/ PSP 25R Conventional Bar Acres Applied 5250 acres 2078 acres In field Productivity acres/hour acres/hour Actual Productivity acres/hour acres/hour Fuel used/hour gal/hour gal/hour Fuel used/acre 0.54 gal/acre 0.91 gal/acre 37

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