Iowa Patent of the Month – June 2021

Food supply demand is increasing at a great rate, while at the same time available farmland is decreasing. With this conundrum, we need better ways to maximize crop yields. Now, all farmland is different, with different soil and weather and topography. These varying conditions make it difficult to create any universal methods for crop maximization. If you were to apply the same method to all farms, it might work optimally for some, under produce for others, and overwhelm the rest. As such, Premier Crop Systems has designed a system that can test and evaluate potential solutions for a specific farm.

Their system receives comprehensive data from the farm to help them make data-driven decisions. This data is transferred into test plot based analysis. Their system takes the conditions of a farm of interest, and creates an experimental simulation testing randomized and replicated levels to determine how to maximize crop yield without overwhelming the test site. The levels they test include seeding rate and plant density. The system can then observe the agronomic response across a variety of potential treatments and drive and inform farmer’s decisions. This system offers a way to give any farmer knowledge and data on how to improve their own crop yield.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.

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