The technology uses artificial intelligence to detect weeds and other crop pests while passing over a field. This is estimated to reduce pesticide use by up to 95 per cent while maintaining crop yield, saving farmers approximately $52 per acre per growing season. Additionally, the technology can be retrofitted to upgrade new or existing sprayers, making it suitable for all Canadian farmers.
The $26.2 million project is being led by Precision.ai Inc., Sure Growth Solutions Inc., Exceed Grain Marketing and the Global Institute for Food Security (GIFS) at the University of Saskatchewan. The partners are together investing $13.4 million into the project, with Protein Industries Canada investing the remaining $12.8 million. Approximately 120 new Canadian jobs are expected to be created through the project within the next five years.
“This new project supported by the Protein Supercluster is a great example of how the superclusters are bringing innovation to farming practices, using advanced technology like artificial intelligence (AI) and creating new well-paying jobs. Through a collaborative effort between three SMEs and a university research centre, this project has the potential to dramatically reduce chemical pesticide use without sacrificing crop yield or quality,” said the Honourable Navdeep Bains, Minister of Innovation, Science and Industry.
Designed by Canadians for Canadian farmers, the technology is intended to address the needs of the Canadian agriculture landscape first and foremost. It can, however, be used anywhere in the world, diversifying and strengthening Canada’s economy and providing benefits for farmers around the world.
“The effect this new technology will have on Canada’s plant-protein sector is tremendous,” Protein Industries Canada CEO Bill Greuel said. “Consumers want plant-protein products that were grown sustainably, without sacrificing on quality or economic value. This is particularly true in international trade where, despite Canada’s reputation as a supplier of high-quality agrifoods, our products are facing increasing testing. Thanks to the work being done by Precision.ai, Sure Growth Solutions, Exceed Grain Marketing and GIFS, Canada’s plant proteins are one step closer to being the highlight of plates of consumers around the world.”
Once the technology is fully developed, Precision.ai Inc., Sure Growth Solutions Inc., Exceed Grain Marketing and GIFS will expand on the project. Commodities grown using the technology will be tested for international maximum residue level (MRL) compliance and protein content. Both streams of testing will strengthen international market opportunities.
“This project embodies our mission of lowering pesticide use by combining artificial intelligence and robotic automation to achieve precision application,” said Daniel McCann, CEO & Founder of Precision.ai. “Our partnership with PIC, Sure Growth Solutions, Exceed Grain Marketing and GIFS is the perfect balance of innovation and industry expertise to deliver a paradigm-defining solution that protects money, time and the environment to make healthier, more sustainable food for everyone.”
“We have known for some time there were better ways to allocate the time and resources for our clients around pesticide use, particularly with weed control,” said Terry Aberhart, CEO of Sure Growth Solutions Inc. “This combination of technologies will allow us to do this in a way that makes sense without sacrificing yield or quality, and having it built and tested locally will ensure its fit for our Canadian farmers. We are very excited to help change the way the world sprays and continue to support farmers help make the world a better place for future generations.”
“As global demand continues to grow for high-quality products, we are looking to help Canadian producers be influential on an international level,” Exceed Grain Marketing President Derek Squair said. “Food safety, maximum residue limits and sustainable practices are some of the top concerns for Canada’s markets. With cost savings to our farmers, the technology we’re developing is addressing those concerns, benefiting the world for future generations.”
“At GIFS, we recognize the value of collaboration, so we work with partners to discover, develop and deliver innovative solutions for the production of globally sustainable food,” GIFS CEO Steve Webb said. “By joining forces with PIC, Precision.ai, Sure Growth Solutions and Exceed Grain Marketing on this exciting project, we are developing innovative technologies to precisely target crop inputs when and where needed, making production agriculture more efficient and more economically, environmentally and socially sustainable.”
This is Protein Industries Canada’s ninth project announcement. Together with industry, the company has invested more than $163 million into the plant protein sector. They are currently accepting Expressions of Interest (EOIs) for research and capacity building projects through their third open call.
About Precision.ai Inc.
Precision.ai is at the forefront of the fully autonomous farming revolution, using artificial intelligence and robotics to solve the key agricultural challenges of the 21st century. Our patented artificial intelligence powers the farming machines of the future. To learn more about Precision.ai, visit www.precision.ai.
About Sure Growth Solutions Inc.
Sure Growth Solutions Inc. is a group of professional consultants dedicated to helping growers optimize valuable resources. We achieve this through simplifying, implementing and supporting sustainable profitable solutions. Our team is committed to supporting profitable precision strategies built on sound agronomy and innovation provided by a passionate network of knowledgeable people. Sure Growth Solutions Inc. has been dedicated to helping growers optimize valuable resources, based near Langenburg, Sask., on the family farm of our founder, Terry Aberhart, since 2006. We provide coaching services that include Crop Planning, Fertility Planning, Soil and Tissue Testing, Variable Rate and Precision Agriculture Programs, and In-Season Scouting Support. We pride ourselves in identifying challenges and designing strategies to bring value to our clients. We are passionate about the research, development and implementation of new science and precision technologies, through working with our progressive network of top agriculture producers. To learn more about Sure Growth Solutions Inc., visit suregrowth.ca.
About Exceed Grain Marketing
Exceed Grain Marketing is an independently owned company that provides farmers, as well as industry partners, professional and unbiased grain market intelligence. Our team is made up of independent advisors with over 300 years of combined experience. With footprints in Manitoba, Saskatchewan and Alberta, we continue to expand a network of advisors across the country who are passionate about agriculture and their clients’ success. To learn more about Exceed Grain Marketing, visit exceedgrainmarketing.com.
About the Global Institute for Food Security
Founded in 2012 in a partnership between Nutrien, the Government of Saskatchewan and the University of Saskatchewan, the Global Institute for Food Security (GIFS) works with a diverse range of partners to discover, develop and deliver innovative solutions for the production of globally sustainable food. To learn more about GIFS, visit www.gifs.ca.
SOURCE Protein Industries Canada
For further information: Miranda Burski, Protein Industries Canada, Regina, SK, 306-581-1340, [email protected]
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
