How will world agriculture embrace technology and innovation in the future? Investors and researchers have turned their hopes to Australia, and this hot land has not lived up to high expectations. With advanced innovative concepts and future-oriented agriculture and food technology, it has opened a new era of Agriculture 4.0.Agriculture 4.0 refers to various technologies aimed at revolutionizing the agriculture and food industries.With its diverse climate and ecosystem, stable and favorable business environment, and close connections with rapidly growing markets such as Asia, Australia is leveraging these advantages to become a hub for agricultural and food technology innovation.31.pngThe extraordinary natural environment of Australian agricultureAustralia, with its vast territory, has unique natural conditions for the development of agriculture and animal husbandry, making it an ideal testing ground for new crops, food products, agricultural technology, and food technology.The diverse soil conditions, climatic regions, and seasonal environments that contradict the Northern Hemisphere allow agricultural companies in Australia to develop and test crops and agricultural problem solutions year-round.32.pngThe extraordinary technological advantages of Australian agricultureAustralia’s development in robotics, remote sensing, machine learning, bioscience, new agricultural technologies, and food innovation and processing is driving disruptive innovation in the global food supply chain.These technologies ensure the development of higher returns, more efficient, safer, and more environmentally friendly local industries, while also bringing continuous benefits to international partners and markets.Australia is seeking innovative agricultural and food technologies, and the Australian Agricultural Research Institute believes that the use of digital technology can increase output by AUD 20.3 billion.33.pngExtraordinary Australian Agriculture: Market LeadershipAustralia’s leading position in the international agricultural market can be seen from the following data:In terms of food security, Australia ranks 12th out of 113 countries and can produce a surplus sufficient to supply 60 million people annually.Australia is one of the top 15 global agricultural exporting countries, producing two-thirds of its agricultural products for export.The annual export value of food and fiber is AUD 50 billion.Among the top ten destination markets for Australian food and fiber exports, nine are located in the Asian region. Among them, Australia ranks as the fourth largest source country for China’s food and agricultural products.34.pngExtraordinary Vision Blueprint of Australian AgricultureCurrently, the annual output value of the Australian agricultural sector is AUD 59 billion, while the Australian Farmers’ Federation’s agricultural vision is AUD 100 billion by 2030.As one of the least subsidized agricultural sectors in the world, Australia needs funding from international investors and partners to achieve its 2030 goals.Building the future of world food and agriculture, Australia is gradually becoming a leading innovative country in the agricultural 4.0 era, and Australian agriculture will continue to provide broad market opportunities and leading policy incentives for global investors.In order to showcase Australia’s extraordinary achievements in the era of Agriculture 4.0, we have selected four cases to interpret, namely:1、 Internet of Things connectivity can be achieved without the need for ground facilities2、 Online grazing management tool3、 Agricultural data analysis and crop health monitoring4、 Innovation led by new farm managersCase 1Internet of Things connectivity can be achieved without the need for ground facilities35.pngIn 2015, Myriota was established in Adelaide, Australia.Dr. David Haley, co-founder and Chief Technology Officer, stated that the company has developed its own proprietary low-power loT (Internet of Things) communication technology, aiming to provide direct low-cost IoT connectivity for IoT applications through low orbit satellites.By combining a large number of IoT devices with various remote targets, including farm irrigation systems and public infrastructure, cargo containers for cross ocean navigation, and even soldiers on distant battlefields, it will help users obtain intelligence that was previously unavailable, thereby helping them reduce risks and costs while increasing production capacity.The low-cost microsatellite CubeSats first obtains signals from this device and millions of other devices, and then drops the aggregated signals to the cloud through a ground base station network.Here, the true engine of the Myriota system starts running: patented signal processing software reads data and transmits actionable data to end users. It is precisely because of this intelligent software that Myriota is able to use low-power transmitters and utilize CubeSats satellite clusters to simultaneously process millions of signals.In agricultural production, Myriota has obvious technological advantages, as it can measure various environmental indicators.Taking groundwater level measurement as an example, with climate change, farmers are more reliant on data to manage their daily water use. Myriota will use data to provide farmers with accurate irrigation plans and optimize water efficiency. In addition, this technology can also track livestock, monitor weather, and monitor infrastructure.Case 2Online grazing management tool36.pngMaiaGrazing is an easy-to-use online grazing management tool that can help herders maximize the utilization of pasture resources to create profits during peak market seasons, while during off-season, MaiaGrazing’s main function is to reduce operational risks for herders.In addition to creating additional profits for farmers, MaiaGrazing software can also help produce high-quality forage meat and bring longer protein requirements. Long protein requirements.MaiaGrazing’s data analysis includes recent rainfall, historical data on paddock response to rainfall, soil characteristics, previous grazing patterns, and grass growth. It also provides predictions based on future rainfall conditions to help farmers make better livestock decisions. This company has only been established for four years, but its customers of all sizes have spread worldwide, including the UK, New Zealand, the two largest bison farms in the United States, and an increasing number of farms in Argentina and South Africa.Case 3Agricultural data analysis and crop health monitoring37.pngFluroSat is an Australian agricultural technology startup engaged in crop health monitoring, currently assisting farmers in Australia and around the world in improving crop health and planting efficiency.In order to provide more professional and accurate agricultural data, the developers of the FluroSat platform use state-of-the-art crop models, combined with remote sensing images and local weather data, to estimate the seasonal performance of crops and propose precise corrections to improve the crop yield of growers by three times.The development of this technology began with a research project called “Creating the Future” in 2016. Now, this project has grown into an outstanding technology company.The FluroSat platform is currently widely used across Australia and the United States, and is about to launch in the South American and European markets. Anastasia Volkova, co-founder and CEO of FluroSat, said, “FluroSat is mainly used for field crops such as cotton, wheat, corn, rapeseed, barley, and sugarcane.After verification, this technology is also applicable to tree crops such as macadamia nuts, almonds, avocados, and citrus fruits. With this technology, growers can achieve an increase in production of up to 10% -25%, while saving 30% of fertilizer and 35% of water consumptionCase 4Innovation led by new farm managers38.pngNew farms are utilizing the Internet of Things (IoT) to increase global food production.The Yield Technology Solutions provides a system platform that combines IoT sensors in crops with centralized, cloud based analysis systems using artificial intelligence. The purpose is to establish a predictive model that, by collecting crop data and running algorithms, directs growers towards actions that may improve crop yield and quality, thereby providing better management choices.In addition, the system can supplement the skills and experience of growers through self-learning tools, which obtain new data from crops, compare the results with actual crop data, and continuously optimize the comparison between model data and actual crop data.Leading technological strength and broad market prospects have also won the favor of venture capital funds, as confirmed by The Yield Technology Solutions. Famous venture capital firm Yamaha Motor Ventures and Australian technology company Laboratory Silicon Valley have signed a total transaction investment of AUD 11 million to help develop agricultural technology in microclimate data and predictive insights.Ross Harvey, founder and managing director of The Yield Technology Solutions, expressed her satisfaction with this investment and the support from renowned global technology organizations. “Technology is crucial in providing security,” she said. “This investment is recognition of our efforts to provide world-class weather solutions, and we will strive to provide accurate predictions to our clients
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