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AgTech

Breaking Barriers Between Supply and Demand Using Technology

The economic law of supply and demand explains the relationship between products and the desire for consumers to purchase them. It outlines how each factor affects the other, and how this relationship determines the price of goods and services. When it comes to agriculture, this principle is a driving force behind technology in the supply chain.

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AgTech

How Technology Is Shifting Our View of Agriculture

Innovation is at the heart of agriculture. From the beginning, farmers have continually invented new techniques to improve the efficiency of planting and harvesting crops, and recording data to help inform those techniques. Today, the landscape of agriculture is changing at an exponential rate. This is largely due to the wide scope of digital technologies that are now transforming the agritech industry.

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AgTech

In-The Know: Bi-Weekly Agritech Round-Up (May 10, 2019)

The world of agritech is changing every day. Check out our bi-weekly round-up to stay in-the-know on the evolving world that is agriculture technology.

Categories
AgTech

Innovation in Agriculture: Why it Matters

As industries across the globe evolve and adapt to new operational landscapes, it is important for the agriculture industry to take note. As the supply chain changes and becomes more technologically advanced, there is an opportunity for growth in agriculture.

Changing tradition doesn’t have to feel daunting. Consider how innovation could benefit agribusinesses and how they fit into the evolving environment of global agriculture.

The Purpose of Innovation in Agriculture

Innovation in agriculture is meant to modernize farmers’ processes and help farms operate as efficiently as possible. New ideas and operations are also needed to help protect farmers against unpredictable variables such as weather patterns, labor shortages and loss of profit. With the help of innovation, industry leaders can adapt quickly and seamlessly when something changes.

The private sector continually invests in research and development to keep up with demand and create new products that excite consumers, while also improving their quality of life. Agriculture is no exception to these trends. Whether it’s using data standards to measure the quality of crops, introducing automated farming equipment, or improving food sustainability, innovation in agriculture doesn’t have to be a foreign concept. The future of agriculture is now, and it requires collaboration and next-step thinking.

The Future of Agriculture

There is so much to learn about modern farming. Investing in agritech is one way to take the next leap in innovation. Partnering with companies that are developing technologies to make farming and selling crops easier on the farmer can improve efficiency in business operations and ensure high-quality products are reaching customers.

The demand for traceability and transparency by consumers is at an all-time high. People want to know what they are investing in and how it is going to benefit them. Solutions like blockchain technology are becoming crucial to business practices. Innovation in agriculture is not going to slow down anytime soon, and deciding to take part in the evolution can save time, money and resources.

When you combine the hardworking nature of farmers and new scientific research, a promising foundation for the future of agriculture is formed. Being a part of agricultural change not only benefits the farmers of today, but it also sets up a prosperous future for generations to come.