The Climate Corporation Expands the Climate FieldViewTM Platform’s Digital Toolbox, Announces Acceleration of R&D Advancements Through Robust Innovation Pipeline

2018 Product Offering to Provide More Ways for Farmers to Manage Crop Inputs by Field Zone

Category:

Tuesday August 29, 2017

Dateline:

DECATUR, Ill.

Public Company Information:

NYSE:
MON
"I’ve been using the Climate FieldView platform for several seasons, primarily to help with more efficient nitrogen management"

DECATUR, Ill.--(BUSINESS WIRE)--Today, The Climate Corporation, a subsidiary of Monsanto Company (NYSE: MON), announced at Farm Progress Show the addition of new features and data connectivity enhancements for the 2018 season to its industry-leading Climate FieldViewTM digital agriculture platform. This evolution will help farmers harness their data to identify and better manage variability in their fields, tailoring inputs to optimize yield and maximize profitability. Additionally, Climate announced R&D advancements accelerating through the company’s industry-leading innovation pipeline and speeding the delivery of digital ag solutions for farmers.

“For the past three growing seasons, farmers have experienced the value of the Climate FieldView platform to get all their data in one place and uncover valuable insights to improve the outcome of their agronomic decisions across every acre,” said Jim Ethington, vice president of product for The Climate Corporation. “We are now entering into the next evolution of analytics-based insights to help farmers manage their field variability more precisely than ever before, powering our platform with new product enhancements in 2018 and bringing this value to more farmers across the U.S. with expanded equipment compatibility.”

To further enable farmers’ ability to harness their data to identify in-field variability and tailor their crop inputs by field zone, Climate has developed more flexible and robust fertility management and planting prescription tools than ever before, helping farmers optimize yield tailored to their unique goals. With new manual fertility scripting tools for nitrogen, phosphorus, potassium and lime, in addition to advanced seed scripting enhancements across a broader geography with new imagery-based management zones, farmers will have a more complete picture of input optimization across all their fields.

“I’ve been using the Climate FieldView platform for several seasons, primarily to help with more efficient nitrogen management,” said farmer Randy Williamson of Carlinville, Ill. “Climate’s nitrogen monitoring tools have helped me make the best decisions for my operation, saving me a great deal of time and money. I’m really looking forward to the ability to write manual fertility prescriptions this coming season for additional crop nutrients, and with the added ability to create seed prescriptions with management zones using field health imagery, I have even more options to build the best plan for my fields.”

In January 2017, The Climate Corporation announced its industry-leading R&D pipeline of more than 35 projects, the first in-depth pipeline of its kind in the digital agriculture industry. Today, the company has also announced that it is moving farming forward with several projects advancing quickly through its innovation pipeline.

“In the digital agriculture industry, Climate has a unique approach to yield,” said Sam Eathington, chief scientist for The Climate Corporation. “We recognize there are many variables that impact a field’s productivity and are actively assessing them to ensure the insights we deliver to farmers are science-based and data-driven. Climate is the first and only company in the digital ag industry to share future innovations coming to the Climate FieldView platform, and we are committed to providing regular updates on our innovation so farmers and those we collaborate with always know where we are headed.”

Key R&D Innovation Advancements

Fertility: Manual Fertility Scripting (N, P, K, Lime) - Manual fertility scripting is Climate’s next step in developing a comprehensive fertility solution for farmers. Farmers will be able to create a customized management plan for nitrogen, phosphorus, potassium and lime tailored to their unique goals, saving time, optimizing inputs and improving on-farm productivity.

NEW in Climate FieldView in 2018.

Seeds and Planting: Advanced Seed Scripting Enhancements - With three science projects advancing through the pipeline, Climate is making seed scripting available to more farmers in more geographies. Advanced seed scripting uses a farmer's historical yield data, combined with proprietary field testing results, to provide farmers with seed planting prescriptions tailored to their unique yield goals. Climate is building on this tool for the 2018 season, enabling the development of management zones derived from field health imagery. Adding imagery as a second option means that more than 80 percent of corn acres in the United States can now use Climate’s advanced seed scripting capabilities.

NEW in Climate FieldView in 2018.

Field Insights: Corn Disease Diagnosis & Identification - Climate is using artificial intelligence (AI) to identify a corn disease in real-time from the field. In addition, Climate is adding more corn diseases to the portfolio, previously announced in January. Disease insights will provide unique value to a farmer, helping them protect yield from in-season threats.

Project advancing from concept to development phase in the innovation pipeline.

Additional Enhancements in Climate FieldView in 2018

In addition to new manual fertility scripting and advanced seed scripting enhancements, the Climate FieldView platform will offer enhancements to its Yield Analysis tool and expand data and equipment connectivity to enable more farmers to experience the value of the Climate FieldView platform.

Yield Analysis Enhancements - With Climate’s seed performance and analysis tools, farmers can see what worked and what didn’t in their field trials and apply those insights to future years with the ability to save those regions in a new yield-by-region report. Farmers can also save and record a field region report through enhanced drawing and note taking tools, and retrieve the report at a later date for easy analysis on any portion of their field to better understand how their inputs are performing.

Expanded Data and Equipment Connectivity - More farmers can get all their data in one place with broader connectivity across an expanded set of equipment types, makes and models, to easily collect field data for the agronomic inputs they manage throughout the season. With this expanded equipment compatibility, the Climate FieldViewTM Drive, a device that easily streams field data directly into the Climate FieldView platform, will work with most planters and 65 percent of combines in the United States, an increase from 50 percent of combines in 2016. To enable more farmers to experience the value of the Climate FieldView platform, the company is also expanding equipment and data compatibility for the FieldViewTM Drive with anhydrous applicators and air seeders.

Farmers will also be able to simplify getting their data in one place by automatically retrieving data from the John Deere Operations Center, where they can retrieve planting and harvest files from their account and pull them directly into the Climate FieldView platform.

2018 New Pricing and Extended 2017 Pricing

For the 2018 season, Climate FieldViewTM Plus provides simplified data collection, increased data compatibility, broader connectivity across more equipment types, enhanced yield analysis tools, field health imagery, manual seed scripting and improved on-boarding support for $999 for a 365-day subscription. Farmers that have subscribed to FieldViewTM Plus can upgrade fields of their choice to Climate FieldViewTM Pro, which offers advanced seed prescriptions and nitrogen monitoring by zone bundled together for $4 per acre or farmers can purchase either advanced seed prescriptions or nitrogen monitoring by zone for $3 per acre for the crop season.

As a special offer, The Climate Corporation will extend 2017 pricing of $749 for a Climate FieldView Plus subscription until Oct. 15, 2017 to encourage farmers to experience the value of FieldView Plus first hand for harvest in 2017.

In 2017, the Climate FieldView platform was on more than 120 million platform acres, and paid offerings were on 35 million acres. For more information about the Climate FieldView platform, contact your local Climate dealer or visit climate.com.

About The Climate Corporation

The Climate Corporation, a subsidiary of Monsanto Company, aims to help all the world’s farmers sustainably increase their productivity through the use of digital tools. The integrated Climate FieldView™ digital agriculture platform provides farmers with a comprehensive, connected suite of digital tools. Bringing together seamless field data collection, advanced agronomic modeling and local weather monitoring into simple mobile and web software solutions, the Climate FieldView platform gives farmers a deeper understanding of their fields so they can make more informed operating decisions to optimize yields, maximize efficiency and reduce risk. For more information, please visit www.climate.com or follow the company on Twitter @climatecorp.

About Monsanto Company

Monsanto is committed to bringing a broad range of solutions to help nourish our growing world. We produce seeds for fruits, vegetables and key crops - such as corn, soybeans, and cotton - that help farmers have better harvests while using water and other important resources more efficiently. We work to find sustainable solutions for soil health, help farmers use data to improve farming practices and conserve natural resources, and provide crop protection products to minimize damage from pests and disease. Through programs and partnerships, we collaborate with farmers, researchers, nonprofit organizations, universities and others to help tackle some of the world’s biggest challenges. To learn more about Monsanto, our commitments and our more than 20,000 dedicated employees, please visit monsanto.com. Follow our business on Twitter® at twitter.com/MonsantoCo.

Contact:

The Climate Corporation
Chelsea Shepherd, 314-258-0438
chelsea.shepherd@climate.com