• • • Growers Edge Financial, Inc. and CropX have announced a strategic partnership
Growers Edge Financial, Inc. and CropX have announced a strategic partnership that the companies say will help reduce risk and improve yields for farmers.
The partnership gives farmers the confidence to adopt new technologies that drive sustainability and business success in an era of increased environmental and business challenges, says Joe Young, president and chief operating officer for Growers Edge, an Iowa-based company that provides proprietary data analytics to helps growers make sound agronomic and financial decisions.
“The financial instruments available today do not meet the needs of farmers who want to embrace new ways to improve the profitability and sustainability of their operations,” Young said in a press release announcing the partnership.
CropX provides soil-sensing technology that helps farmers cut crop-input costs through optimized farm management technology that delivers water, fertilizer, energy, and labor savings. By analyzing soil data and integrating it with crop models, satellite imagery, and weather forecasts, the CropX cloud-based software platform is designed to boost crop yields through in-field sensors that integrate with irrigation systems to automatically deliver the correct amount of water based on specific plant requirements rather than watering an entire field based on rough estimates.
