Farmers Edge Acquires Variable Rate Fertilizer Patents and Trademarks From The
Farmers Edge Acquisition Allows for Development and Growth in
WINNIPEG, MB -- (Marketwired) -- 06/19/13 -- Farmers Edge,
provider of nutrient and agronomic management services today
announced it has acquired a set of global patents and trademarks from
The Mosaic Company (NYSE: MOS). This patented system, known as
FieldInsiteâ„¢, correlates remote sensing imagery with crop yield,
which are used to generate site-specific fertilizer recommendations.
The system uses an innovative approach that allows farmers to improve
profitability and efficiency of their investment in crop nutrients.
The system has been used successfully in key agricultural markets
such as Canada, the United States, Argentina, and Brazil. Through the
acquisition Farmers Edge will continue to expand their growth in
providing precision agricultural solutions to farmers worldwide.
"These patents will enable Farmers Edge to continue our development
of variable rate technology across global markets. We look forward to
working with the companies currently utilizing the FieldInsiteâ„¢
system", says Wade Barnes, CEO Farmers Edge.
About Farmer's Edge
Farmers Edge has been in operation since 2005 and provides nutrient
management planning and agronomic services to producers on over four
million acres in Western Canada, the United States and Russia. Their
mission is to make crop production more profitable and sustainable
for customers by assisting in the adoption of innovative agricultural
practices. With the development and use of advanced tools and
technologies, we can protect our global resources and maintain a
reliable food supply. For more information on Farmers Edge, visit
their website at http://www.farmersedge.ca.
About The Mosaic Company
The Mosaic Company is one of the world's leading producers and
marketers of concentrated phosphate and potash crop nutrients. Mosaic
is a single-source provider of phosphate and potash fertilizers and
feed ingredients for the global agriculture industry. More
information on the company is available at www.mosaicco.com.
The following files are available for download:
The Mosaic Company
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