Controlled Environment Agriculture to Produce
68,000 Pounds of Daily Feed
VANCOUVER, BC, June 14,
2022 /CNW/ - CubicFarm® Systems Corp.
("CubicFarms" or the "Company") (TSX: CUB), a leading local
chain agricultural technology company, today announced a 10-machine
Automated Vertical Pastures™ sale valued at CAD$3.8 million.
Automated Vertical Pastures™ Sale
in West Texas
Owned and operated by Jim
Cnossen, the Cnossen Dairy located in Hereford, West
Texas, currently milks 11,000 cows over 7,500 acres of
farmland. The Company's HydroGreen division will install a
10-machine Automated Vertical Pastures™ commercial scale system to
grow year-round, consistent nutritious fresh forage for the Cnossen
Dairy, providing a reliable source of fresh forage during the
drought conditions across the western United States.
"We've endured extreme peaks and valleys of inconsistent feed
during one of the driest periods on record and needed a simple to
use, innovative fresh feed technology to survive these water
shortages," said Jim
Cnossen. "After evaluating numerous on-farm indoor
growing technologies, HydroGreen emerged as the leading solution to
reliably produce the high-quality feed necessary for optimal herd
health and performance."
As a trusted on-farm advisor and new HydroGreen Certified Dealer
Network member, Dairy Specialists, a division of Standard Nutrition
Company, placed orders for 10 HydroGreen Automated Vertical
Pastures™ machines for Cnossen Dairy. This is the first of a
multi-phase installation, with the potential to add additional
machines capable of producing up to approximately 270,000 pounds of
fresh forage per day.
Based in Omaha, Nebraska,
Standard Nutrition Company was started in 1886 with the
introduction of livestock nutritional supplements for American
family farmers. As a HydroGreen Certified Dealer operating in
Kansas, Dairy Specialists will
offer nutritional products and feeding strategies to help dairy
producers achieve better health, faster gains, and higher milk
production.
"Vertical farming is going to be important for all dairies
raising their own feed, regardless of drought conditions, and the
HydroGreen product benefits are unique in the industry," said
Bill Dyer, Chief Executive Officer,
Dairy Specialists. "Adding HydroGreen fresh forage to the ration
improves feed intake with better digestibility, sugars make it more
soluble, and transition cows can increase milk production. We're
pleased to support innovative ag-tech like HydroGreen to meet the
land and water savings needed by the farmers who put their trust in
us."
Three New HydroGreen Certified
Dealers
In addition to Dairy Specialists, Advanced Dairy Systems and
Penner Farm Services have also joined the HydroGreen Certified
Dealer Network, with another sale of one HydroGreen machine.
Advanced Dairy Systems, based in Phoenix, Arizona, brings over 24 years of
experience bringing innovative and efficient dairy industry
technologies and sustainable products to over 300 dairy farms, with
a focus on higher milk production and happier cows. As a respected
advisor for dairy farmers and new HydroGreen Certified Dealer,
Advanced Dairy Systems placed an order for one HydroGreen machine
for Golden Rule Dairy.
Golden Rule Dairy is a small family-owned and operated Jersey
cow dairy located in the valley of Elfrida, Arizona. "We take immense pride in
feeding our cows the best diet, choosing high-quality inputs that
are beneficial to both our cows and the people consuming our dairy
products," said Jared Strite, Owner
and Operator at Golden Rule Dairy. "We were impressed when we
visited HydroGreen's Innovation Center in South Dakota and met with the team, and we're
excited to see the heath and performance benefits of adding fresh
HydroGreen to the rations for our herd."
Since 1956, Penner Farm Services has helped Canadian producers
run more efficient and profitable farms with a focus on high
quality and technically advanced equipment. Penner offers
end-to-end farming improvements including construction, equipment
systems, farm supplies, and farm advisory services. Penner Farm
Services will support HydroGreen sales in Manitoba.
"There is tremendous need for daily consistency and herd health
for dairies all over, with particular need in West Texas and other drought areas," said
Dan Schmidt, President of the
Company's HydroGreen division. "Repurposing valuable land and water
savings is important with the added labor-saving benefits of
automation in a controlled environment. We're helping more farmers
like Cnossen Dairy and Golden Rule Dairy meet their daily
nutritional needs and we're pleased that new HydroGreen Certified
Dealers like Dairy Specialists, Advanced Dairy Systems, and Penner
Farm Services are helping deliver and support farmers across
Canada and the U.S."
About HydroGreen
HydroGreen's Automated Vertical Pastures™ technology utilizes a
unique process to sprout grains, such as barley and wheat, in a
controlled environment with minimal use of land, labour and water.
HydroGreen's fully automated indoor growing technology performs all
growing functions including seeding, watering, lighting,
harvesting, and re-seeding – all with the push of a button – to
deliver nutritious fresh forage for livestock without the typical
investment in fertilizer, chemicals, fuel, field equipment, and
transportation. Automated Vertical Pastures™ not only provide
superior nutritious feed to benefit the animal, but also enables
significant environmental benefits to the farm.
About CubicFarms
CubicFarms is a leading local chain agricultural technology
company developing and deploying technology to feed a changing
world. Its proprietary ag-tech solutions enable growers to produce
high quality, predictable produce and fresh livestock feed with
HydroGreen Nutrition Technology, a division of CubicFarm Systems
Corp. The CubicFarms™ system contains patented technology for
growing leafy greens and other crops onsite, indoors, all year
round. CubicFarms provides an efficient, localized food supply
solution that benefits our people, planet, and economy.
For more information, please visit www.cubicfarms.com.
On behalf of the Board of Directors
"Dave Dinesen"
Dave Dinesen, Chief Executive Officer
This release may contain certain "forward-looking statements" or
"forward-looking information" under applicable securities laws.
Forward-looking terms such as "may," "will," "could," "should,"
"would," "plan," "potential," "intend," "anticipate," "project,"
"target," "believe," "plan," "outlook," "estimate," or "expect" and
other words, terms and phrases of similar nature are often intended
to identify forward-looking statements, although not all
forward-looking statements contain these identifying words.
Forward-looking statements are based on certain key expectations
and assumptions made by the Company including but not limited to
statements with respect to expected revenue recognition and
completion of the sale and installation of the HydroGreen machines.
Although management of the Company believes that the expectations
and assumptions on which such forward-looking statements are based
are reasonable, undue reliance should not be placed on the
forward-looking statements because the Company can give no
assurance that they will prove to be correct.
SOURCE CubicFarm Systems Corp.