Agbioscience

Latest Episodes:

293. Lorelei Bergin talks data, food and consumers + NielsenIQ’s identified trends for 2024 Apr 08, 2024

Show notes

Agbioscience is the only economy in the world that touches every person on planet, every day, given that it centers on food. Today we are joined by Lorelei Begin, Vice President of North American Retail for NielsenIQ to talk trends shaping food and what’s ahead for grocery store shelves in 2024.

From ingredient labels being more closely examined by savvy shoppers to the uptick of wellness-related products gaining more traction, Lorelei lays out what is driving consumer behavior and purchase patterns. She also gets into data creating insights for food companies to get the ultimate in-store commodity: shelf space.

Mitch and Lorelei take time to walk through consumers’ increased focus on health, GLP-1 drugs, how it’s shaping what goes in grocery carts and the food system’s response. How does a focus on health function in a tightening economy? Lorelei says food is first and a “better for you” lifestyle is staying resilient in these times. She also looks ahead to trends we could see impacting the food space and how that impacts consumers – no matter their budget.

292. AGCO’s Andrew Sunderman on better together with Trimble + creating value for farmers Apr 01, 2024

Show notes

As we head into the spring planting season, there is much focus on technologies and innovations that will enable producers to drive returns in a tightening farm economy. Andrew Sunderman, Join Venture Transition Lead for AGCO, joins today to talk about their new JV with Trimble and having an innovation ecosystem ready to serve the farmer – no matter how or what they’re investing in for their operations during any given year.

In a time where it could be easy to say no to new tech or innovation, how does AGCO differentiate? Andrew talks control and accuracy, usability and optimizing outcomes. From their retrofit tech approach that helps to leverage smaller bets on-farm to improved performance of current equipment, he gets into solving problems that have never been met before and how the joint venture with Trimble will add continuation to their work.

291. Mitch Frazier looks back at March, talks Corteva Catalyst, BioMADE and more Mar 28, 2024

Show notes

Fresh off a plane from the World AgriTech Summit and following a keynote address on food security as national security, we are recapping a gigantic March in agbioscience. From Corteva’s big news in San Francisco last week to Indiana hitting the short list for BioMADE, we cover the latest industry topics and look ahead to what’s coming.

Show Notes:

Food Security as National Security Episode with U.S. Senator Todd Young: https://podcasts.apple.com/us/podcast/253-food-security-is-national-security/id1412179095?i=1000627443801

QUADRANT 7/17 registration: https://agrinovusindiana.com/quadrant/

Field Atlas: https://myfieldatlas.com/

290. BONUS: Tom Greene from World AgriTech on Corteva Catalyst, rolling out innovation at a stronger pace Mar 26, 2024

Show notes

On the ground at World AgriTech in San Francisco last week, Corteva announced the launch of a new investment platform forcused on bringing to market agricultural innovations that advance the company’s R&D priorities and drive value creation. We caught up with Tom Greene, Corteva’s Senior Director of External Investment, to talk through how the platform is designed, why it’s launching now and what it will mean for farmers in the future.

Tom talks through the areas of focus for Corteva Catalyst and the types of companies that would be a great fit for the platform. Engaging in technology – no matter the stage – is the approach and he talks about the criticality of their partnership with Corteva’s larger M&A team to drive meaningful results.

Corteva enters the market with this program at a time when commodity prices are low, investment in agricultural innovation is down and so the question has to be asked – why now? Tom talks about the long-term view that Corteva Catalyst will take, the excitement of being in agbioscience (despite the volatility) and what he envisions for the program in the future.

289. BioCrossroads’ Vince Wong on collaborating to drive new innovation, leadership + creating an elevated workforce Mar 25, 2024

Show notes

The connection between agbioscience and human health has become undeniable and in the case of Indiana – it's a differentiator. Today we are joined by Vince Wong, the brand new CEO of BioCrossroads to talk life sciences and extending the state’s leadership to drive growth.

Vince talks about the challenges facing Indiana, where we are uniquely positioned to lead and the criticality of collaboration to elevate the state’s profile. Of course we also dive into the idea of plant, animal and human life sciences coming together to create new biotechnology innovation. Vince scratches the surface on what’s possible on the heels of Indianapolis’ designation as a U.S. Federal Tech Hub.

288. Frank Klemens from Big Idea Ventures on operating at the intersection of university innovation + product creation Mar 18, 2024

Show notes

As a kid from Ohio that went to Purdue University and then worked for DuPont, Frank Klemens’ career has taken a trendline path to his role at Big Idea Ventures today. He joins this week to walk through their General Rural Partners Fund, taking innovation from university shelves and creating new companies in one of our country’s most untapped resources: rural communities.

How does Frank and his team match innovation to the right community? Frank talks customers driving outcomes, the importance of corporate partnerships and the growing list of universities partnering with the firm to create new companies. He also dives into trends in IP across food and agriculture – including cellular meats, bio-based materials and animal management – that are creating a better rural America.

Looking ahead, how do you create technical companies in rural America that also attract investment? Frank talks about Big Idea Ventures’ secret sauce, making food and ag an investment clear of confusion and their call to the rest of venture capital: come join us, we welcome your competition and it’s necessary to feed a growing world, sustainably.

287. AWS’ Elizabeth Fastiggi on agtech, Project Kuiper + democratizing access to innovation Mar 11, 2024

Show notes

From major companies to startups, one thing holds true from Amazon Web Services: they start with the customer in mind and work backwards. This week, we are joined by an agtech veteran and now the company’s Head of Worldwide Business, Agriculture, Elizabeth Fastiggi. She dives into their service across the whole value chain, how companies use AWS and the role of artificial intelligence (AI) in its stages of early adoption.

Elizabeth also talks new applications and ensuring innovation is accessible. She talks Amazon’s Project Kuiper to increase global broadband access, providing service to early customers by the end of 2024 and agriculture’s opportunity to be in the midst of the early customer base.

As an environmental science major, did she ever think she’d be here? Elizabeth gets into spotting the opportunities to make a difference using innovation and how she sees the future of agtech.

286. BONUS: Geoff Zentz on the HungerTech Innovation Challenge, leveraging innovation to eliminate food insecurity Mar 06, 2024

Show notes

Doing good by doing well – it's a concept the AgriNovus Indiana team embraced when the HungerTech Innovation Challenge was launched. Three years later, it’s still going strong; and new solutions are hitting the market that better connect food supply with food demand.

The 2024 HungerTech tasks innovators with developing market-driven tech models that ensure increased and equitable food distribution that is both environmentally sustainable and economically viable. The winning team will receive $25,000 to help accelerate commercialization of their solution.

Solutions could find, but are not limited to, opportunities for innovation in the following areas:

Infrastructure - current critical inefficiencies exist in capturing, managing and redirecting surplus food from points of excess – such as producers and retailers – to communities grappling with food insecurity (this is exacerbated for perishable goods).
Forecasting - deployment of tools for accurately forecasting the production of surplus food and quantifying demand from food-insecure populations have significant deficiencies.
Preservation - there are shortfalls in current food preservation technologies to prolong shelf life of perishables without detracting nutritional value or safety.

Registration to join this year’s HungerTech Innovation Challenge closes March 12. Learn more and connect with Geoff at agrinovusindiana.com/hungertech.

285. BiomEdit’s Aaron Schacht + Eric Bonabeau on the microbiome, intersection of animal + human health Mar 04, 2024

Show notes

What exactly is the microbiome? And why is it important when it comes to animal health – both in livestock and pets? All those questions and more get answered this week as we are joined by Aaron Schacht, CEO, and Eric Bonabeau, CTO, of BiomEdit. They talk the role of artificial intelligence (AI) in microbiome science, the intersection of human and animal health and new partnerships paving the way for the acceleration of innovation.

From collaborative partnerships with Nutreco and funding from The Bill and Melinda Gates Foundation, what’s ahead for BiomEdit? Aaron and Eric get into new challenges, leveraging the microbiome to reduce methane emissions in cattle and taking advantage of studying things in animals that can be translated to humans.

284. Mitch Frazier talks February news + what’s up and coming Feb 29, 2024

Show notes

We are bringing you something new with this episode: a look back at February’s news in agbioscience including Elanco’s sale of their aqua business, a new partnership between Corteva and John Deere, Indiana as a top ag state and the current operating environment for the farmer.

Show Notes:

QUADRANT is coming 3/6. Register here: https://agrinovusindiana.com/quadrant/

HungerTech Innovation Challenge registration closes 3/12: https://agrinovusindiana.com/hungertech/

Kristen Owen, Oppenheimer + Co. Episode: https://podcasts.apple.com/us/podcast/bonus-ai-moving-from-hype-to-help/id1412179095?i=1000641950597

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