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Monsanto Buys Climate Corp. Envisions Big Data Farming

cagraham writes "Agriculture giant Monsanto has purchased the weather analytics firm Climate Corporation for over $930 Millionl. Climate Corp, a firm founded by ex-Google data scientists and software engineers, specializes in hyper-local weather prediction which they use to recommend risk-management and crop-insurance policies for farmers. Monsanto likely wants to use this technology to boost their big data farming systems, and help better market their genetically engineered crop seeds. This news comes the same day that Monsanto posted increased Q4 losses of $0.47 per share."

8 of 75 comments (clear)

  1. Monsanto rules the US by Valentinial · · Score: 5, Insightful

    I'm fairly certain Monsanto is one of the big corporations that rule the US. Where is that chart I saw once about the major companies that own all the other companies. This has to be on there somewhere.

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    @Valentinial
    1. Re:Monsanto rules the US by Tablizer · · Score: 5, Funny

      In 50 years it will be Borgsanto

    2. Re:Monsanto rules the US by the+eric+conspiracy · · Score: 4, Interesting

      I doubt it. Monsanto is about 200 in the Fortune 500 list.

      Good sized, but not likely to be ruling the US.

  2. Re:ooook..?? by girlintraining · · Score: 4, Funny

    It'd be helpful if you could tell us the difference.

    There isn't one; the definition of forecasting is "to predict or estimate (a future event or trend)." I think he views prediction as more "crystal ball" and forecasting more "computer screen" ... but he tripped over his lack of finesse with the language and took a snarky to the knee.

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    #fuckbeta #iamslashdot #dicemustdie
  3. Re:ooook..?? by the+eric+conspiracy · · Score: 4, Insightful

    > Why do we have a routine business sales article

    Because somebody submitted it, and Slashdot caters to the Monsanto Derangement Syndrome crowd.

  4. Monsanto will soon be suing over weather by Anonymous Coward · · Score: 4, Funny

    Knowing Monsanto, they will predict the weather for an area, but if that predicted weather then accidentally moves onto your property, Monsanto will sue you for using the weather they predicted.

  5. Re:ooook..?? by cyber-vandal · · Score: 4, Insightful

    Given that society has granted them the enormous privilege of limited liability it's not unreasonable to expect them to serve the public good, or at the very least not make the world a worse place to live.