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As we venture further into the pool, farmers may achieve increased biodiversity and water quality by incorporating more complicated strategies and Indigenous approaches like diversified croprotations and agroforestry. In the deep end, outcomes are sought to benefit the farmers and stewards of whole landscapes themselves.
The platform compiles data on key performance indicators, including yield analysis, crop analysis, field analysis, farm finance KPIs, input usage and harvest report, water usage, and pesticide application. Improved yields for farmers by 11%. A 21% decrease in pesticide usage. Optimization of water consumption by 15%.
Importantly, many farmers also argue that profitability can be significantly increased due to lowered reliance on expensive chemical inputs, thanks to techniques such as croprotation, holistic grazing, and cover cropping that can add nutrients back to the soil.
xiii] Yields are dropping, with large proportions of the UK’s soils moderately or severely degraded. xvi] Regenerative agriculture is key to flood resilience and prevention of the decimation of cropyields. Financial institutions, including several UK banks, are also investing in piloting new finance schemes.
Some firms are already buying a broader range of crops from farmers to incentivize these changes, says Bande at Quantis. Bain & Company recently estimated that average annual farm emissions in Canada could be cut in half or more through croprotations, use of cover crops, reduced tillage and better nutrient management. “We
Farming coops can look into partnerships with beneficial businesses for things like tractors, cattle management software , crop management software , and other helpful partnerships. Credit unions provide financial services tailored to the agricultural sector, helping farmers secure loans and manage their finances more effectively.
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