Winnipeg, Manitoba-based Ag Development Worldwide (AGI) has introduced it intends to acquire a minority stake in a startup company in Arizona that’s engaged on expertise for reproducing native soil microbes from farmers’ personal soil on-site.
MyLand describes itself as providing a novel “Soil-as-a-Service” mannequin that extracts reside, native microorganisms immediately from a grower’s soil and quickly reproduces these organisms in mass portions on-site. MyLand’s gear then ties immediately right into a farm’s irrigation system to ship reside organisms again to soil on a steady foundation.
In change for the fairness stake and a board seat with MyLand, AGI will collaborate to set up at the very least 5 new MyLand programs on North American grain operations. Following technical and industrial validation of the preliminary installations, AGI intends to enter definitive manufacturing, distribution, engineering, and software program service assist agreements.
Peter Williams, CEO of MyLand, says that AGI is a perfect accomplice, in the course of the company’s present stage of progress.
“Our cutting-edge regenerative agriculture solution has been highly successful in rapidly improving soil health and providing significant economic benefits to growers. The potential to provide solutions for large-scale row crops, with significant dedicated acreage, is a core opportunity for MyLand. AGI’s deep roots and expertise in this area, in addition to the resources and capabilities of a multi-national firm, make them a perfect partner for us to rapidly expand our platform and reach new customers globally. We are excited to take the next step of our journey with AGI as a partner and look forward to accelerating our impact on the sustainability of the overall agricultural system.”
AGI President and CEO Tim Shut says his company sees the implementation of regenerative agriculture expertise as “critical from a sustainability perspective.”
He says they imagine MyLand’s system for delivering microbes may doubtlessly match into AGI’s Suretrack farm knowledge platform.
“Over time, we believe AGI SureTrack will be able to capture the advanced information on soil health and irrigation system activity to create a new layer of standardized data that can be used to support a variety of sustainability-related objectives. We look forward to working with the MyLand team and helping advance the commercialization and deployment of their innovative technology,” says Shut.
AGI owns and manufactures agriculture and food-related merchandise below greater than 35 manufacturers, together with Westeel, Tornado, Westfield, Batco.