US 11,720,724 B2
Method and apparatus for generation of land parcel valuation tailored for use
Marie A. Coffin, Cary, NC (US); Pankaj C. Bhambhani, Malden, MA (US); Ernesto Brau, Newton, MA (US); R. Shane Bussmann, Cambridge, MA (US); Amy E. Hawkins, Saint Louis, MO (US); Margaret C. Kosmala, Acton, MA (US); Jason M. Rute, Somerville, MA (US); and Samuel P. White, Minneapolis, MN (US)
Assigned to CIBO Technologies, Inc., St. Louis Park, MN (US)
Filed by CIBO TECHNOLOGIES, INC., Cambridge, MA (US)
Filed on Feb. 14, 2020, as Appl. No. 16/791,997.
Prior Publication US 2021/0257113 A1, Aug. 19, 2021
Int. Cl. G16Y 10/05 (2020.01); G16Y 20/10 (2020.01); G06T 7/00 (2017.01); G06Q 10/06 (2023.01); G06F 30/20 (2020.01); G06Q 10/0639 (2023.01)
CPC G06F 30/20 (2020.01) [G06Q 10/06393 (2013.01); G06T 7/97 (2017.01); G16Y 10/05 (2020.01); G16Y 20/10 (2020.01); G06T 2207/20212 (2013.01); G06T 2207/30188 (2013.01)] 20 Claims
OG exemplary drawing
 
1. A method for agricultural land parcel valuation, the method comprising:
accessing data corresponding to each of a plurality of parcels within a prescribed region, the data comprising corresponding management practices, corresponding historical weather conditions, corresponding locations and topography, corresponding remote sense images, corresponding soil types, and corresponding crop types;
assessing and ranking the corresponding management practices for the each of the plurality of parcels;
generating simulation inputs for the each of the plurality of parcels, wherein the simulation inputs comprise highest ranked corresponding management practices, the corresponding historical weather conditions, the corresponding locations and topography, the corresponding soil types, and the corresponding crop types;
simulating crop growth for the each of the plurality of parcels over a prescribed number of previous years, wherein said simulating employs the simulation inputs provided by said generating;
employing selected outputs from said simulating to calculate agricultural metrics and a weighted valuation corresponding to the each of the plurality of parcels, wherein the weighted valuation for the each of the plurality of parcels is expressed relative to all of the plurality of parcels within the prescribed region, and wherein the weighted valuation for the each of the plurality of parcels comprises a function of one or more weighted ones of the agricultural metrics and corresponding sales values for the all of the plurality of parcels, and wherein the agricultrual metrics comprise a stability metric, and wherein a processor combines best yearly vegatative index images according to stability (HMLU) algorithm into a single HMLU image and then calculates the stability metric comprising a fraction of the single HMLU image that comprises high-stability and medium-stability pixels;
storing the agricultural metrics and the weighted valuation corresponding to the each of the plurality of parcels in corresponding database records, and
via communications circuit disposed within a server,
receiving search inputs from a client device, and
responsive to reception of the search inputs, transmitting one or more of the corresponding database records that satisfy the search inputs to the client devices.