After years of product development and field testing, AgBoost is a global commercial leader in cloud-based data analysis platforms that help cattle producers interpret genomic data for breeding, health, market value, and nutritional management. Announcing expansion.
According to the USDA, even though U.S. herd productivity has increased 65% in 50 years, increasing demand for sustainably produced meat and shrinking profit margins are causing genetic damage to herd efficiency. It highlights the importance of data.
“All too often, when cattle producers invest in DNA technology, they fail to realize its full potential,” said Sean Acadiri, Founder and CEO of AgBoost. Speaking at the AgTech Innovation Summit and the World Agri-Tech Innovation Summit. “Our platform revolutionizes decision-making, allowing ranchers to make faster and more accurate choices. By making genetics readily available, we This reduces losses by an average of $2,000 per year, giving ranchers a decisive advantage over their competitors.”
Traditionally, breeding decisions rely on visual assessment and written records of estimated genetic merit over multiple generations. AgBoost’s software combines individual animal genomic data with production data, including birth weight and diverse phenotypic information. Users can track animals individually or group them, such as groups of heifers. By selecting specific traits, producers can gain a comprehensive view to effectively inform feed, animal health, and marketing decisions.
“For most producers, genomic testing data can feel like deciphering hieroglyphs. But AgBoost transforms complexity into simplicity, turning data into a visual wheel that sparks meaningful conversations. “Now we can quickly identify top bulls with complementary traits to the desired calf.” said Nick Jorgensen, CEO and CFO of Jorgensen Land & Cattle, which is an investor in the company.
Breeder cattle producers rely on bull marketing and production sales analysis. AgBoost visually displays genetic value, identifies DNA-related traits such as production, maternal, and carcass traits, and helps classify and select specific traits. This tool also allows for scenario planning, such as establishing keep/cal lines to differentiate the top and bottom of the gene pool.
Ready for rapid expansion
AgBoost, introduced to U.S. cattle producers in 2018, currently holds millions of genomic data records for individual cows. With recent patent approvals, the company aims to expand into top producing markets such as Brazil, Canada, China and the UK.
The global beef market was valued at $526.5 billion in 2023 and is projected to grow at a CAGR of 4.2% by 2030.
Currently, AgBoost supports breeding stock and commercial cow/calf producers of all sizes, regardless of breed association, with interactive links for pedigrees and sires, and in late 2024, A proposal calculation tool will also be provided. As a market pioneer, the company plans to support individual cow/calf producers. Tailor the platform for producer subscriptions, enterprise license agreements, and additional livestock and related industries to meet current demands.
Founded in 2013 by engineers and cattle producers as a subsidiary of Agric-Bioformatics Inc., a leader in animal agriculture technology, AgBoost pioneers affordable and easy-to-use genetic management tools for livestock producers worldwide. is. This comprehensive software streamlines the entire process, from ordering tests to interpreting data for actionable insights to creating effective marketing tools.