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Agriculture
and Food
Sector
Paul Young CPA CGA
Senior Data and AI Thought Leader –
Financial Planning and Analysis
Date: October 12 , 2023
Paul Young CPA CGA Bio
• Subject Matter Expert – Close, Consolidate and Reporting Cycle
• Subject Matter Expert – Public Governance and Reporting
• Subject Matter Expert – Environmental, Social, and Governance (ESG) Policy Development and Reporting
• Subject Matter Expert – Data Integration and Data Management
• Subject Matter Expert – Financial Planning and Analysis (FPA)
• Subject Matter Expert – Customer Success Management (Data, AI, Platform, and Security
• Subject Matter Expert – Risk and Compliance (Emergency, Risk, and Crisis Planning and Reporting)
• Senior Matter Expert – Integrated Planning and Reporting
• Subject Matter Expert – Profitability Modelling and Supply Chain Management
Work Experience
• IBM - Various positions (December 2006 to March 2023)
• Deloitte Inc - Senior Consultant – Data and AI (June 2005 to November 20006)
• Transforce (formerly Dynamex) – Financial Analyst – August 2002 to June 2005)
• Linde (formerly Praxair) – Senior Accountant and Financial Analyst (January 1995 to November 2001
• Diamant Boart – Junior Accountant / Costing Clerk (July 1991 to December 1994)
Skills:
Data and AI (Cognos Controller, Planning Analytics (TM1), Cognos Analytics, OpenPages, Cloudpak for Data, Envisi, and WatsonX
Modeling: Microsoft Excel
Key engagements:
Graphic Packaging, KLA, Mark Anthony, Werner, Irving Oil, Algoma Central Marine, Carhartt, AECOM, Dole Fresh Vegetables Ancestry.com, Golden Enterprises, Apria Healthcare,
Century Communities, K Hovnanian Homes, Snap on Credit, Jones Lang Lasalle (JLL), A.W. Chesterton, and many others.
Strong Partner Relationships:
QueBit, eCapital, Revelwood, Intito, Cortell, Breakaway, Cubewise, 1Direction, Aramar , Converge Technology, BMA Group, and many others
Email: Paul_Young_CPA@outlook.com
Agenda
1. Agricultural Sales (Units)
2. Global Food Prices
3. Technology and Farming - Weed
Killing Drone
4. Technology and Farming – Using
Data and AI to feed the world
5. OEM Equipment and Partnerships
6. Using Data and AI to streamline the
closing period for both the public
and private sector organizations
7. Summary
Agricultural Equipment Sales (Units) –
September 2023
Source – Association of Equipment Manufacturers
Global Food
Prices –
September 2023
Source – FAO -
https://www.fao.org/worldfoodsituation/
foodpricesindex/en/
Technology and
Farming
Technology and
Farming
OEM AG Equipment
and Technology
Partners
• Blog – Sector - Agriculture - John Deer acquires Smart Tech Company - AG Tech and ESG -
https://www.linkedin.com/posts/paul-young-055632b_john-deere-acquires-precision-agtech-startup-activity-
7087431004692369408-cPHK?utm_source=share&utm_medium=member_desktop (John Deere and Smart
Apply®, Inc.)
• Blog – Agco and Trimble – Precisions Farming - https://www.linkedin.com/posts/paul-young-055632b_agco-to-
buy-trimble-assets-for-2-billion-activity-7113871606216630272-
kIVl?utm_source=share&utm_medium=member_desktop
**** There is an issue with my LinkedIn at the time I made this presentation.
Streamlining
the Accounting
Close Period
Amazing article by Horváth and Tony Klimas
https://www.cfodive.com/news/leveraging-ai-in-your-monthly-close-
process/695683/?utm_source=Sailthru&utm_medium=email&utm_campaign=
Issue:%202023-10-
10%20CFO%20Dive:%20Tech%20%5Bissue:55319%5D&utm_term=CFO%
20Dive:%20Tech
IBM Planning Analytics Community:
https://community.ibm.com/community/user/businessanalytics/discussion/blog
-leveraging-ai-in-your-monthly-close-process#bmb90047e5-f431-414b-846a-
c7ea58813aef
I can add a bit more colour as I am SME - Close, Consolidate, and Reporting:
a) State of the organization can play a role, i.e. high acquisition/divestiture or
geographically disperse or ownership/investments
b) Changing the culture to data driven culture.
c) Working with Microsoft Excel and not trying to replace it. Adopting
Microsoft Excel add-ins that leverage OLAP data.
d) Having a close, consolidate, reporting control blueprint.
e) Eliminating data silos through a data modernization
Here is my presentation: https://www.slideshare.net/paulyoungcga/how-to-
streamline-the-close-consolidate-and-reporting-cyclepptx
*** My linked in account is having issues at the time of this presentation.
Blog – Agriculture, Farming and Food Production Sector
1. John Deer results paint a challenging next few months for farmers, AG OEM, and all those associated with the AG sector -
https://www.barrons.com/articles/deere-earnings-stock-friday-bf70ec38
2. Producer Price Index rose in September 2023 - https://www.cnn.com/2023/10/11/economy/ppi-wholesale-inflation-september/index.html
3. Generative AI and Farming - https://www.agritechfuture.com/smart-farming/editors-view-how-ai-could-cultivate-the-next-green-revolution-in-uk-
agriculture/
4. Food and Beverage manufacturers continue to work with farmers, OEM Farming Equipment, etc., on generative AI - https://www.diageo.com/en/news-and-
media/press-releases/2023/diageo-announces-regenerative-agriculture-programmes-across-scotch-whisky-and-tequila
5. Biodiversity continues to play a key role with shaping of ESG policies - https://www.green.earth/news/biodiversity-takes-the-spotlight-in-corporate-esg-
strategies
6. Diesel costs continue to see wild shift in terms of prices - https://www.reuters.com/markets/commodities/global-diesel-prices-soften-inventories-edge-
upward-kemp-2023-10-11/
7. Government policies are required to drive innovation with farmers - https://medium.com/@usamarafiqdmt/how-agriculture-farming-practices-are-
redefining-access-to-produce-2b50df6ba1e4
8. Net Zero and Farming - https://sustainablebiz.ca/new-canadian-org-promotes-netzero-agrifood-economy
9. Food prices have come down but are still an issue - https://www.rnz.co.nz/news/business/499996/food-inflation-slows-to-lowest-level-in-over-a-year
10. Farm Methane - https://www.porkbusiness.com/news/industry/anaerobic-digesters-transform-proverbial-sows-ear-silk-purse
The above highlights key areas that are impacting farming. The key for the food producing sector starts with right
government policies that support expert and vertical farming. The big challenge for farmers is cost and skills to adopt
new technology.
If I can assist food manufacturers, AG OEM, Farmers, distributors, and food retailers with their data and AI journey,
then reach out to me: Paul_Young_CGA@outlook.com

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Agriculture and Food Sector.pptx

  • 1. Agriculture and Food Sector Paul Young CPA CGA Senior Data and AI Thought Leader – Financial Planning and Analysis Date: October 12 , 2023
  • 2. Paul Young CPA CGA Bio • Subject Matter Expert – Close, Consolidate and Reporting Cycle • Subject Matter Expert – Public Governance and Reporting • Subject Matter Expert – Environmental, Social, and Governance (ESG) Policy Development and Reporting • Subject Matter Expert – Data Integration and Data Management • Subject Matter Expert – Financial Planning and Analysis (FPA) • Subject Matter Expert – Customer Success Management (Data, AI, Platform, and Security • Subject Matter Expert – Risk and Compliance (Emergency, Risk, and Crisis Planning and Reporting) • Senior Matter Expert – Integrated Planning and Reporting • Subject Matter Expert – Profitability Modelling and Supply Chain Management Work Experience • IBM - Various positions (December 2006 to March 2023) • Deloitte Inc - Senior Consultant – Data and AI (June 2005 to November 20006) • Transforce (formerly Dynamex) – Financial Analyst – August 2002 to June 2005) • Linde (formerly Praxair) – Senior Accountant and Financial Analyst (January 1995 to November 2001 • Diamant Boart – Junior Accountant / Costing Clerk (July 1991 to December 1994) Skills: Data and AI (Cognos Controller, Planning Analytics (TM1), Cognos Analytics, OpenPages, Cloudpak for Data, Envisi, and WatsonX Modeling: Microsoft Excel Key engagements: Graphic Packaging, KLA, Mark Anthony, Werner, Irving Oil, Algoma Central Marine, Carhartt, AECOM, Dole Fresh Vegetables Ancestry.com, Golden Enterprises, Apria Healthcare, Century Communities, K Hovnanian Homes, Snap on Credit, Jones Lang Lasalle (JLL), A.W. Chesterton, and many others. Strong Partner Relationships: QueBit, eCapital, Revelwood, Intito, Cortell, Breakaway, Cubewise, 1Direction, Aramar , Converge Technology, BMA Group, and many others Email: Paul_Young_CPA@outlook.com
  • 3. Agenda 1. Agricultural Sales (Units) 2. Global Food Prices 3. Technology and Farming - Weed Killing Drone 4. Technology and Farming – Using Data and AI to feed the world 5. OEM Equipment and Partnerships 6. Using Data and AI to streamline the closing period for both the public and private sector organizations 7. Summary
  • 4. Agricultural Equipment Sales (Units) – September 2023 Source – Association of Equipment Manufacturers
  • 5. Global Food Prices – September 2023 Source – FAO - https://www.fao.org/worldfoodsituation/ foodpricesindex/en/
  • 8. OEM AG Equipment and Technology Partners • Blog – Sector - Agriculture - John Deer acquires Smart Tech Company - AG Tech and ESG - https://www.linkedin.com/posts/paul-young-055632b_john-deere-acquires-precision-agtech-startup-activity- 7087431004692369408-cPHK?utm_source=share&utm_medium=member_desktop (John Deere and Smart Apply®, Inc.) • Blog – Agco and Trimble – Precisions Farming - https://www.linkedin.com/posts/paul-young-055632b_agco-to- buy-trimble-assets-for-2-billion-activity-7113871606216630272- kIVl?utm_source=share&utm_medium=member_desktop **** There is an issue with my LinkedIn at the time I made this presentation.
  • 9. Streamlining the Accounting Close Period Amazing article by Horváth and Tony Klimas https://www.cfodive.com/news/leveraging-ai-in-your-monthly-close- process/695683/?utm_source=Sailthru&utm_medium=email&utm_campaign= Issue:%202023-10- 10%20CFO%20Dive:%20Tech%20%5Bissue:55319%5D&utm_term=CFO% 20Dive:%20Tech IBM Planning Analytics Community: https://community.ibm.com/community/user/businessanalytics/discussion/blog -leveraging-ai-in-your-monthly-close-process#bmb90047e5-f431-414b-846a- c7ea58813aef I can add a bit more colour as I am SME - Close, Consolidate, and Reporting: a) State of the organization can play a role, i.e. high acquisition/divestiture or geographically disperse or ownership/investments b) Changing the culture to data driven culture. c) Working with Microsoft Excel and not trying to replace it. Adopting Microsoft Excel add-ins that leverage OLAP data. d) Having a close, consolidate, reporting control blueprint. e) Eliminating data silos through a data modernization Here is my presentation: https://www.slideshare.net/paulyoungcga/how-to- streamline-the-close-consolidate-and-reporting-cyclepptx *** My linked in account is having issues at the time of this presentation.
  • 10. Blog – Agriculture, Farming and Food Production Sector 1. John Deer results paint a challenging next few months for farmers, AG OEM, and all those associated with the AG sector - https://www.barrons.com/articles/deere-earnings-stock-friday-bf70ec38 2. Producer Price Index rose in September 2023 - https://www.cnn.com/2023/10/11/economy/ppi-wholesale-inflation-september/index.html 3. Generative AI and Farming - https://www.agritechfuture.com/smart-farming/editors-view-how-ai-could-cultivate-the-next-green-revolution-in-uk- agriculture/ 4. Food and Beverage manufacturers continue to work with farmers, OEM Farming Equipment, etc., on generative AI - https://www.diageo.com/en/news-and- media/press-releases/2023/diageo-announces-regenerative-agriculture-programmes-across-scotch-whisky-and-tequila 5. Biodiversity continues to play a key role with shaping of ESG policies - https://www.green.earth/news/biodiversity-takes-the-spotlight-in-corporate-esg- strategies 6. Diesel costs continue to see wild shift in terms of prices - https://www.reuters.com/markets/commodities/global-diesel-prices-soften-inventories-edge- upward-kemp-2023-10-11/ 7. Government policies are required to drive innovation with farmers - https://medium.com/@usamarafiqdmt/how-agriculture-farming-practices-are- redefining-access-to-produce-2b50df6ba1e4 8. Net Zero and Farming - https://sustainablebiz.ca/new-canadian-org-promotes-netzero-agrifood-economy 9. Food prices have come down but are still an issue - https://www.rnz.co.nz/news/business/499996/food-inflation-slows-to-lowest-level-in-over-a-year 10. Farm Methane - https://www.porkbusiness.com/news/industry/anaerobic-digesters-transform-proverbial-sows-ear-silk-purse The above highlights key areas that are impacting farming. The key for the food producing sector starts with right government policies that support expert and vertical farming. The big challenge for farmers is cost and skills to adopt new technology. If I can assist food manufacturers, AG OEM, Farmers, distributors, and food retailers with their data and AI journey, then reach out to me: Paul_Young_CGA@outlook.com