According to data from the World Bank, in Colombia producers use more than 744 kilos of fertilizer per hectare, a volume much higher than in other countries, such as Chile or Brazil, that do not exceed 200 kilos per hectare. This high input expenditure has an impact on the high production costs faced by farmers today in the midst of the pandemic and which have increased, according to figures from the Colombian Farmers' Society (SAC), by at least 30%.
For example, the investment required to establish a Hass avocado crop in the country from its planting to its productive stage amounts to $20 to 25 million per hectare, compared to the $15 to 20 million it would cost in Mexico.
Likewise, Colombia registers a high use of water for agriculture. According to Ideam, the agricultural sector used 16,760 million cubic meters of water in 2020. Reducing this figure would bring economic savings for farmers and help preserve this important natural resource.
High technology, like the one offered by Instacrops, can help face these problems that, according to a study by the SAC, are seriously affecting the competitiveness of agriculture in the country.
This is the most powerful AgTech platform in Latin America. The firm is a specialist in the development of IoT hardware and software for agriculture, which integrates different sources of information and uses artificial intelligence and computer vision techniques to collect the key parameters of crops, to optimize the use of resources.
The company was born in Chile to respond to the negative impact generated by frost, a problem that, earlier this year, destroyed more than 10,000 hectares of crops in the Colombian department of Cundinamarca.
Later, the application developed into a much more comprehensive solution to respond to the issues and challenges faced by farmers in the region, aiming to increase crop productivity by 20 to 30%, improve crop profitability by 2.5%, and reduce costs by at least 22%.
"Our technology has allowed producers to save more than 5.3 billion liters of irrigation water throughout Latin America in more than 20 types of crops," stated Julio Rodriguez, the company's country manager in Colombia. “Not only does our AgTech lead to more than 15% savings in energy and 25% saving in labor in irrigation work, but it also has a positive impact on the quality of the fruit that is grown, both in size and in kilos. Thus, producers can easily recover in the first year the 5 million pesos they initially invest to have this platform,” Rodriguez stated.