Rabobank and TELUS Agriculture have acquired Conservis, a company that integrates disparate farm technologies into one streamlined interface to manage the business of farming.
Conservis enables family and institutional farms to organize data from different sources, eliminate error-prone manual entries, create winning business plans, and confidently manage costs, production and marketing throughout the entire year.
According to a news release, TELUS Agriculture’s portfolio of technologies and innovation along with Rabobank’s knowledge and relationships across the food value chain will provide Conservis customers a solution that aggregates a farm’s data into a single resource, providing the tools that a farm needs for supply chain validation, agronomic decisions, financial management, resource and inventory management, and more.
Rabobank and TELUS Agriculture’s vision is to deliver the Conservis platform to drive value for farms across a diverse range of crops and livestock. Since 2018, Rabo AgriFinance – a Rabobank subsidiary that serves agricultural producers in North America – has been a development partner for Conservis. Together, they have been working to enhance the platform’s financial reporting capabilities. TELUS Agriculture will help enhance the Conservis platform’s functionality while offering farmers the ability to access products and services through TELUS Agriculture’s innovative Agricultural Data Exchange (ADX) and Agricultural Services platform (ASX).
Farmers on the Conservis platform own their data and will continue to control when business partners, including Rabobank and TELUS Agriculture, receive information.
Pat Christie, president of Conservis, said predicated on trust and transparency, “Conservis will continue to centre around solving problems that matter for our clients. The partnerships we’ve forged with companies like Rabo AgriFinance, Climate FieldView and John Deere serve one purpose only and that’s to empower the producer with one real-time, singular source of truth.”