Invention Grant
- Patent Title: Method and apparatus for generation of land parcel valuation tailored for use
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Application No.: US16791997Application Date: 2020-02-14
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Publication No.: US11720724B2Publication Date: 2023-08-08
- Inventor: Marie A. Coffin , Pankaj C. Bhambhani , Ernesto Brau , R. Shane Bussmann , Amy E. Hawkins , Margaret C. Kosmala , Jason M. Rute , Samuel P. White
- Applicant: CIBO TECHNOLOGIES, INC.
- Applicant Address: US MA Cambridge
- Assignee: CIBO Technologies, Inc.
- Current Assignee: CIBO Technologies, Inc.
- Current Assignee Address: US MN St. Louis Park
- Agency: Huffman Patent Group, LLC
- Agent Richard K. Huffman
- Main IPC: G16Y10/05
- IPC: G16Y10/05 ; G16Y20/10 ; G06T7/00 ; G06Q10/06 ; G06F30/20 ; G06Q10/0639

Abstract:
A method for agricultural land parcel valuation includes: accessing data for parcels within a prescribed region, the data comprising management practices, historical weather conditions, locations and topography, remote sense images, soil types, and crop types; assessing and ranking the management practices for each of the parcels; generating simulation inputs for the each of the parcels, where the simulation inputs comprise highest ranked management practices, the historical weather conditions, the locations and topography, the soil types, and the crop types; simulating crop growth for the each of the parcels over a prescribed number of previous years, where the simulating employs the simulation inputs provided by the generating; and employing selected outputs from the simulating to calculate agricultural metrics and a weighted valuation corresponding to the each of the parcels, where the agricultural metrics and the weighted valuation for the each of the parcels are expressed relative to all of the parcels within the prescribed region.
Public/Granted literature
- US20210257113A1 METHOD AND APPARATUS FOR GENERATION OF LAND PARCEL VALUATION TAILORED FOR USE Public/Granted day:2021-08-19
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