ceo at cainthus president of agritech capital€¦ · good news for poultry! we’re in the right...
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© Copyright Cainthus 2019, All Rights Reserved.
Aidan Connolly CEO at Cainthus
President of AgriTech Capital
Adjunct Professor, Michael Smurfit Graduate Business School
Visiting Professor MBA, China Agricultural University
Forbes Contributor & Author
@AJConnolly1
AidanJConnolly
AIDAN CONNOLLYPoultry 2050:
How Technology will shape production
Good News for Poultry!We’re in the right business
• Requires fewer natural resources
• Production cost lower
• Affordable
• Universally accepted taste
• No religious restrictions
• Accessible, available, convenient, versatile, easy to find/prepare
• Healthy
• Innovations (More new products than all others combined)
• Global grown (203 of 233 countries)
More Income = More MeatWorld consumption per capita of meat kg / year PIB per capita, PPP - US$
Sources: Income from World Bank databank and per capita consumption from FAOSTAT
• Disruptive impact of new technology
• Biosecurity
• New regulations and high expectations
• Opportunities for growth and expansion
• Rising costs of raw materials
• Hiring and retaining staff
Current Issues in the Poultry Industry
Who has already been disrupted?
World’s largest taxi company, but owns no taxis
Largest accommodation provider, but owns no real estate
World’s most valuable retailer has no inventory
Most popular media owner creates no content
Fastest growing banks have no actual money
World’s largest movie house owns no cinemas
Largest software vendors don’t write the apps
Largest communication companies own no infrastructure
Process plant
Feed mill
Chicken farm
Satellite
Poultry’s Data Gaps
Individual data in real time?
• Weight
• Feed & water consumption
• Comfort
• Stress
• Health
• Liveability
• Egg Quality
= How is it measured; 1 parameter or 15?
Real-time Environment?
• Air quality: NH3, CO2, moisture• Temperature • Feed quality • Safety: Campy, Salmonella • Traceability; openness for prosumer
3-D PRINTING• Print parts / fix machines• Minimize production
losses• Save valuable animals’
lives (broiler-breeder)• Print meat
1
ROBOTS• Increase production • Collect eggs • Clean floors• Don’t tire • Decrease injuries for
employees• Do the dirty work
(processing)
2
• Bloomberg states: Driver-free zones may arrive in city centers in five years
• “Drive better than any human”
Robots (Octopus/Tibot/Iamus)
Cleans and disinfects
• 1,000 robots• Pick & pack orders• Faster than humans• Software predicts demand &
fastest routes = 1% waste
• Online grocery estimated to be 80% of total by 2025
• Casino in France is following suit
3DRONES
• Generally: Collect information not seen with the human eye
• Monitoring & flock health assessment
• Scare away predators? (Eagles!)• Limited use w/poultry, perhaps
organic
4SENSORS
• $2.5 Bn by 2025• Monitor flock &
environment• Analyzed results displayed
graphically
• Wearable sensors• Monitor movement• Healthy vitals• Behavior patterns
5ARTIFICIAL
INTELLIGENCE • Mimic cognitive functions:
learning & problem solving• Monitoring of feed • Production improvements• Significant processing
improvements• Safer & faster
6AUGMENTED
REALITY• Allows users to see what the
unaided eye cannot• Find bacteria (E. coli,
salmonella)• CluckAR app rates eggs
7VIRTUAL REALITY
• Construct visualrepresentation of flock
• Allow farmer to check flock remotely• Send data back to computer program • Prime opportunity – teaching, education• There is a headset for chickens!
8BLOCKCHAIN
• Technology gathers, interprets & shares information (BitCoin)
• Reliable & transparent• Location• Process• Storage & transportation• Who was in control at each stage of
the journey
Pine Forest Farm
Farm List
Type Birds
BREEDER
GROWER
Columbus Farm
Type Birds
FARM GROUPS
FARM GROUPS
,
Dona Eugenia Farm
,
Type Eggs
FARM GROUPS
User
Password
Enter
Pine Forest Farm Grower
Average performance from the last three months (closed groups)
Days in Phase Mortality
ADG
List of Groups
All open lots
HATCHERY
Revitalizing the
MICROBIOME
ANALYTICSReveal soil structure and microbial
populations. Technology advances may soon
allow soils to be monitored in real time.
MICROBIAL ENZYMESPreparing the organism for optimal nutrient
uptake and favorable microbial populations.
MICROBIAL INOCULANTSLive beneficial microbes interacting symbiotically
with plants to minimize stresses, promote root
development and increase yield potential.
DNACarries code for
all cell activities
Messenger RNARelays code to manufacture
proteins for cell activities
Exploring and optimizing
GENE EXPRESSION
NUTRIGENOMICSExploring the connection between nutrition and gene expression
Control 1
Control 2
Control 3
Treatment
1
Treatment
2
Treatment
3
Cell growth Photosynthesis Respiration Translocation Defense mechanisms Senescence
Knowing which genes are being upregulated or downregulated offers clues about how to optimize
plant function, health and disease tolerance through nutrition.
Chicken protein from a Petri dish?
Conclusions
• World population and demand for food continues to increase
• Unique opportunity for poultry businesses to extend their footprint into new markets
• ASF effects will result in Poultry being No.1 meat in 2020
The Ag Tech Market Map: 80+ Startups Powering The Future Of Farming And Agribusiness
SO WHAT TO PICK?
Imagine your poultry business in 10 years...
• Will it look the same?
• Will technology transform you, your customers?
• Could disruption lead to your business EXTINCTION?
Thank You