Risk Management

Agriculture Industry

Precision forecasting is the backbone of another agricultural AI tool: risk management.

Risk management offerings and algorithms are used to determine economic trends, commodity prices, supply chain management, if a farmer should use government insurance and minimum yield requirements

Benefits for the company

Growing a sustainable crop in mass quantities requires a farmer to take enormous financial risks that rely on razor-sharp agricultural yield estimates to fulfill supply chain orders but farmers are taking advantage of forecasting and predictive analytics to reduce the risk of crop failures.



Type of expertise/ AI domain

Forecasting and Predictive Analytics

Internal data required

Plant population,, Plant strain, irrigation, soil preparation, pest control

External data possible

Climate and Weather data

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