GrainCorp invests in AgTech company
Summary
Hone’s technology is currently used to analyze grain quality, soil carbon, and many other agricultural products and inputs. They eventually discovered the technology could have applications as a highly accurate and portable testing kit for the agricultural industry. Now, with GrainCorp on board, Hone hopes to accelerate the adoption of the technology by grain growers across the Australian eastern seaboard. “The technology empowers producers to make real-time, data-based decisions that result in healthier soil and crops, more sustainable farming practices and ultimately a more profitable business,” Martin said. We certainly hope it will accelerate the uptake of carbon farming for landholders as well.” Scott added, “Quality is in our DNA so we’re always looking for ways to advance in this field, and Hone’s technology is a big step forward for our business and the broader grains industry.”