Tom Whitehouse looks at the importance of software in
agriculture.
“Buy land, they don’t make it anymore” is a seductively simple investment strategy.
A smarter one is to invest in clean agricultural technology, particularly where applying proven software is involved.
Non-government organisation campaigns against “land grab”, and now water grab”, in developing markets have greatly increased the political and reputational risks of land acquisition and turned many would-be investors off.
By contrast, software-enabled agricultural innovation poses relatively little political risk, is typically not capital intensive and is addressing a profound…