"IMC has successfully implemented various elements of precision farming since 2017. In particular, since 2019, we've been using variable-rate application technology for planting and fertilization. This technology allows us to save on seeds and fertilizers, reduce production costs, increase the efficiency of agricultural production, and reduce the negative environmental impact and CO2
emissions. This is in line with IMC's strategic goals of increasing the company's operational efficiency and sustainable development in relation to people, land, and the environment.
OneSoil has been our partner since we first started using variable-rate application technology. Thanks to our partnership with OneSoil, we have already successfully implemented a pilot project for 20% of IMC's land holdings. Over the next 5 years of cooperation with OneSoil, we plan to at least double the area of land where variable-rate technology is used since preliminary estimates indicate that 45% of IMC fields are suitable for the application of this technology," said Alex Lissitsa
, IMC's CEO.
"IMC has been OneSoil's main partner in precision farming for three years now," Morten Schmidt
, OneSoil's CEO, shared. "Our in-depth knowledge of GIS analytics has helped IMC switch to precision farming, increase profits, and reduce the unnecessary use of agricultural resources that pollute the environment. The results of our work formed the basis of the OneSoil Yield App
that we recently developed. The app will help farmers anywhere in the world switch to precision farming and get measurable results from field experiments. Over the next five years, IMC and OneSoil will conduct even more extensive experiments that will allow us to improve the accuracy of our programs and scale them to other regions."