METHOD FOR USING ENVIRONMENTAL CLASSIFICATION TO ASSIST IN FINANCIAL MANAGEMENT AND SERVICES
First Claim
1. A method for providing a financial incentive for use of genotype by environment information in selecting a seed product, the method comprising:
- providing to a producer a recommendation of one or more seed products to use to produce crop on a land base associated with the producer, the recommendation based on relative performance of a plurality of seed products under environmental conditions associated with the land base of the producer and interactions between the genotype of each of the plurality of seed products and the environmental conditions;
giving the producer a financial incentive to accept the recommendation.
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Abstract
Managing risks of crop production can be performed by understanding the relative performance of different agricultural inputs under the same or similar environmental conditions. In addition, managing of crop production risks can be performed by understanding variations in the performance of the same agricultural inputs over a range of environmental conditions. By being able to describe and understand these variations in performance, decisions can be made which are consistent with overall business and/or production objectives and limit risk associated with variations in environmental conditions. In addition to producers there are other stakeholders in the crop production process, such as financial institutions, insurance providers, users of crops produced, and input suppliers. These and other stakeholders can provide financial incentives to producers for managing crop production risks through use of environmental classification and/or genotype-by-environment information.
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Citations
4 Claims
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1. A method for providing a financial incentive for use of genotype by environment information in selecting a seed product, the method comprising:
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providing to a producer a recommendation of one or more seed products to use to produce crop on a land base associated with the producer, the recommendation based on relative performance of a plurality of seed products under environmental conditions associated with the land base of the producer and interactions between the genotype of each of the plurality of seed products and the environmental conditions; giving the producer a financial incentive to accept the recommendation. - View Dependent Claims (2, 3, 4)
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Specification