September 17, 2018
Cargill buys into Brazil's Agriness
Commodities trader Cargill has bought into Agriness, the technology leader in Latin American swine production, it was announced on Thursday, Sept. 13. The terms of Cargill's minority equity investment were not disclosed.
Cargill said the deal "is a strategic partnership that seeks to foster industry-wide transformation and bring emerging digital technologies to customers around the world to improve animal production and farm profitability".
Agriness currently manages more than 2 million sows through its S2 farm management software, continuous improvement methodology, training/mentoring programmes and industry benchmarking.
This month, the company will introduce Agriness 365, a scalable, cloud-based digital farm production management platform that will provide real-time data and insights through a series of business applications, environmental sensors, voice recognition, advanced analytics and a mobile-based application.
Farmers and farm integrators can track key performance indicators (KPIs) such as the number of piglets per sow, piglet weight gain, how well the piglets and sows are performing, and production cost per animal.
Through analysis of these KPIs, farmers can quickly pinpoint performance issues and improve them. In addition, management can identify the root cause of problems and solve them more precisely, including sending a technical adviser to work directly with the farmer to make improvements.
"We are working together to build a digital ecosystem that combines Cargill's scale and customer intimacy with the technical skills and capabilities of partners like Agriness to address challenges at the farm level with new and innovative technologies", said SriRaj Kantamneni, managing director for Cargill digital insights.
"Agriness's solution will not only enable farmers and integrators to make proactive decisions to improve efficiencies, it will also enhance animal well-being and increase farmer profitability."
Cargill and Agriness also plan to bring swine solutions to new areas, as well as expand to other species including poultry and dairy.
"This partnership is a perfect fit for both companies. We share a vision of delivering new innovations and value to the customer, with a similar purpose of helping the world thrive. This sits at the center of how our cultures will work together," said Agriness founder and CEO Everton Gubert.
"The combination of our breakthrough technology and Cargill's animal production expertise, industry knowledge and deep understanding of customer needs will help us bring this technology to farmers around the world and enable them to run more productive and successful operations", he added.
The Agriness investment, which comes on the heels Cargill's equity investment in Cainthus-an agriculture-focused machine vision company-adds to the company's portfolio of farmer-focused technology and digital services-including Dairy Enteligen®, Poultry Enteligen and iQShrimp-that enable customers to make more precise farming decisions and improve the efficiency and overall productivity of their operations.