He also suggested that technology companies will
show more interest in the agriculture industry in the
next decade. In the next ten years, Hartnett predicts
that the top five companies in agriculture may not be
Bayer, BASF, John Deere, Nutrien, or Corteva, but rather
Amazon, Google, Beyond Meat, Indigo, and Plenty.
During the presentation, Harnett was asked what
trends became more accelerated during the pandemic.
“Looking through the supply chain, I think the heighted
awareness in terms of food safety and some of the
areas companies that got exposed, you are starting to
see companies now look at digital transformations and
robotics automation,” Harnett suggested.
Conference attendee voices heard
During Harnett’s presentation, attendees were asked
to participate in two poll questions. In response to the
first poll, 42% of poll respondents said they believe
the biggest challenge preventing farms from adopting
technology was the learning curve (training, practice,
implementation, etc.), followed a distant second by 5G
connections.
“I am not surprised by the results,” said Harnett.
“Farmers are overwhelmed with the different solutions
that are out there. Every big company has an IT
department to support them.” He suggested farmers
needs some sort of support as well. A place for farmers
to go to see information such as “what are the top ten
solutions for my type of farm.”
In response to the second poll, what will be the
largest driver for farms to embrace innovation, 56%
of respondents said profitability (yield and quality
improvement) would be the biggest driver.
“Farms are a business,” said Harnett. “They have to
make money.” Ultimately if a farmer is going to adopt
technology into their business, the technology needs
to have a positive impact on the bottom line.
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