Monsanto Subsidiary The Climate Corp. Acquires Solum

The Climate Corp. has acquired the soil analysis business line of Solum, Inc., an agriculture technology company. The acquisition of Solum’s soil analysis service underscores The Climate Corp.’s commitment to using data science to help farmers identify ways they can continue to optimize crop yields and use resources more efficiently.

David Friedberg, CEO of The Climate Corp., emphasized the importance of precision soil analysis in order to produce the most effective advisory services for farmers. “Each season, farmers face a wide range of soil-related decisions that can help them improve the productivity of the finite land they farm. High quality, consistent soil analysis will ensure farmers, agronomists and ag retailers can offer and access improved decision support resources to increase on-farm efficiency. Essentially, with more accurate and consistent data inputs, the insights and recommendations we provide for farmers can be more precisely customized to their fields, helping them make better decisions for their farms,” said Friedberg.

The asset acquisition by Monsanto Co., The Climate Corp.’s parent company, includes the Solum brand, soil testing intellectual property, the soil test lab in Ames, IA, and Solum’s No-Wait Nitrate platform. The Ames lab will continue to provide its highly accurate and reliable mail-in sample service to help customers measure and manage their soil fertility. The Climate Corp. will continue to operate Solum’s No-Wait Nitrate platform, which offers real-time measurement of soil nitrate levels from the edge of the field. The Climate Corp. has extended job offers to all Solum employees working in their soil testing business. Solum’s software business line will remain independent under its new brand, Granular, Inc.

“We’re pleased to become a part of The Climate Corp. team and see this as a tremendous opportunity to provide a new level of accurate soil information that will ultimately help stakeholders across agriculture use resources more efficiently,” said Nick Koshnick, co-founder of Solum, who will lead the continued development of the Solum technology as part of The Climate Corp. “We look forward to continuing our work with agricultural retailers and agronomists and to building new working relationships with Monsanto’s channel partners to help them provide a complete soil testing solution that gives farmers the information they need to focus their input dollars where they will generate the highest yield and return,” Koshnick added.

Soil composition and fertility is the foundation of agricultural production, and understanding soil variability and nutrient profiles is essential to making effective precision agriculture decisions. Tailoring inputs to optimize soil productivity ultimately helps farmers improve their overall productivity and increase yields.

“The technology The Climate Corp. is gaining in this acquisition, as well as the research and development we currently have underway, will continue to improve our ability to deliver better insights and recommendations to farmers,” said Friedberg.

Additional details of the agreement were not disclosed


Leave a Reply

Equipment Stories

EquipmentAGCO Announces Finalists For Operator Of The Year Honor
November 19, 2015
AGCO Corp. has announced the four top operators chosen as finalists for AGCO’s 10th Annual Operator of the Year program, Read More
Tiger Sul Crop Nutrient Calculator
FertilizerH.J. Baker Launches New Nutrient Calculator App
November 12, 2015
H.J. Baker, a global agriculture firm, has launched a new agronomic nutrient calculator app. This innovative and powerful tool will Read More
Yargus Layco 16 Ton Rotary Drum
Blenders15 Fertilizer Blenders That Will Meet Your 2016 Mixing Needs
November 11, 2015
Manufacturers of fertilizer blending and mixing systems continue to develop some of the fastest, most durable, most accurate units ever for Read More
Precision AgXS Inc. Expanding Ag Retail Reach With AgVeritas
November 5, 2015
AgVeritas, the patented cloud-based yield analysis application launched by XS Inc for the 2015 season, is making a significant impact Read More
Top 100 Articles
CropLife 100United Cooperative Acquires Four ADM Wisconsin Facilities
November 12, 2015
United Cooperative, based out of Beaver Dam, WI, recently acquired four grain and agronomy locations from Archer Daniels Midland (ADM) Read More
CropLife 100BRANDT Car Makes NASCAR Xfinity Series
October 29, 2015
BRANDT will join JR Motorsports with driver, Justin Allgaier, for the 2016 NASCAR Xfinity (NXS) Series season. Allgaier will pilot Read More
CHS Building exterior
CropLife 100CHS Leaders Help Shape Succession Report
October 22, 2015
Succession planning was listed as a main concern of cooperative leaders at this summer’s 15 regional CHS owner town hall Read More
Fall Harvest
CropLife 100Pinnacle Purchases Eight Regional Seed Companies
October 12, 2015
Pinnacle Agriculture Holdings has announced the purchase of eight regional seed companies to advance its seed business. Pinnacle has acquired: Read More
MRM Agricultural Service
CropLife 100Pinnacle Acquires CropLife 100 Ag Retailer
October 8, 2015
Pinnacle Agriculture Holdings, LLC has successfully acquired the Missouri-based agronomy business of MRM Agricultural Service, LLC and its affiliates (MRM). Operating Read More
Eric Jenks, Wilbur-Ellis
CropLife 100Wilbur-Ellis Opens Dry Fertilizer Storage And Blending Facility In Washington
October 8, 2015
Wilbur-Ellis Co., ranked No. 4 on the CropLife 100, has constructed and opened a 22,000-ton dry fertilizer storage and blending Read More
Latest News
Dow AgroSciences Logo wall
HerbicidesGowan Co. To Acquire DNA Herbicides From Dow AgroScienc…
November 30, 2015
Gowan Co. has entered into a definitive agreement to acquire the entire global dinitroaniline (DNA) herbicide portfolio from Dow AgroSciences Read More
Palmer pigweed in soybean stubble
Herbicides‘Back to the Future’ Weed Control: Herbicide Outlook 20…
November 30, 2015
What’s new for herbicides in 2016? Well, not much, but the learning process is sure to continue for fine-tuning resistance Read More
Tim Hassinger Dow AgroSciences President and CEO
HerbicidesDow Expects Enlist Duo To Be Available For The 2016 U.S…
November 30, 2015
Relative to EPA’s recently filed motion to vacate the registration of Enlist Duo herbicide, The Dow Chemical Co. is confident Read More
HerbicidesBREAKING: EPA Pulls Registration On Dow’s Enlist …
November 25, 2015
EPA on Wednesday withdrew approval of a controversial new weed killer to be used on genetically modified corn and soybeans, Read More
FertilizerYara Tampa Ammonia Terminal Garners ResponsibleAg Honor…
November 25, 2015
Yara has received its first ResponsibleAg Certification for its Tampa, FL, Ammonia terminal location. This achievement demonstrates Yara’s commitment to Read More
ManagementReviewing The Top Ag Stories For 2015
November 24, 2015
Editors Eric Sfiligoj and Paul Schrimpf discuss the most noteworthy events from this past year in agriculture. Read More
EmployeesAgriculture Jobs May Be Plentiful, But New Grads Are Sc…
November 24, 2015
Close to 60,000 jobs are set to open up in agriculture each year for the next five years, but there's not enough grads to fill them. Read More
Radish cover crop
StewardshipCover Crops Guide Helps Growers Improve Water Quality
November 23, 2015
A publication that teaches growers the advantages of using cover crops to improve soil health and crop yields has won Read More
Crop InputsThe Andersons’ Products Receive California Organi…
November 23, 2015
The Plant Nutrient Group of The Andersons, Inc. announced today that its Humic DG and Black Gypsum DG products are Read More
Eric SfiligojNew European Study Seems To Support Glyphosate Safety
November 23, 2015
Looking at any international news over the past few years, it might seem as if the European Union (EU) is Read More
Toggle Biostimulant corn roots
Crop InputsTwo New Biostimulants Added To United Suppliers’ …
November 20, 2015
Winfield US announces the launch of two new products in the United Suppliers portfolio for the 2016 crop season, Optify Read More
StewardshipNRDC Report: Cover Crops Contain Vast Benefits
November 19, 2015
As harvest season ends and farmers in the United States ready themselves for winter, one small change could make a Read More
Fall Harvest
Seed/BiotechArysta Launches New Seed Protectant
November 19, 2015
As spring wheat growers begin planning for a strong start to their season, Arysta LifeScience North America announces RANCONA V Read More
Crop InputsInocucor Receives U.S. Patent For Microbials
November 19, 2015
Inocucor Technologies Inc., the Montreal-based agriculture biotech company, was issued patent No. 9,175,258 by the U.S. Patent and Trademark Office to protect Read More
ManagementSyngenta Rumors and ARA 2015 Preview
November 19, 2015
CropLife Editor Eric Sfiligoj looks at the latest rumors involving Syngenta selling its crop protection business and talks about events Read More
EquipmentAGCO Announces Finalists For Operator Of The Year Honor
November 19, 2015
AGCO Corp. has announced the four top operators chosen as finalists for AGCO’s 10th Annual Operator of the Year program, Read More
High Plains Aquifer
StewardshipStudy: High Plains Aquifer Overall Usage In Decline
November 18, 2015
A new Kansas State University study finds that the over-tapping of the High Plains Aquifer’s groundwater beyond the aquifer’s recharge Read More
Golden Harvest Corn healthy leaves
FungicidesArysta Launches New Corn And Soybean Fungicide
November 17, 2015
Arysta LifeScience North America has recently launched ZOLERA FX Fungicide. The highly systemic, powerful fungicide delivers broad-spectrum disease control with Read More