5 Takeaways on 2022 Global Crop Production Powered by Earth Observation
Every year comes with its own crop production challenges, but few years in recent memory compare with the disruptions of 2022. From the war in Ukraine to extreme weather patterns to rising population and more, a host of challenges tested the resilience of the entire agricultural supply chain.
All year long, expert agronomists at EarthDaily Agro actively monitored global crop conditions and provided weekly reports to agribusiness customers so they could make informed, proactive decisions as they navigated the disruptions.
Now, EarthDaily’s agronomists have distilled the top five trends that drove the biggest production impacts — and may also have potential to influence 2023 outputs. Read on for a recap of the most important 2022 production trends agribusiness professionals should account for.
1. The vulnerability of our interconnected global food supply chain was made clearer than ever.
From the war in Ukraine to ongoing droughts to extreme temperatures and beyond, a host of disruptions highlighted the delicate balancing act of global food security.
2. Ukraine’s critical importance to global food security was undeniably reaffirmed.
The Russian invasion of Ukraine brought a breadbasket for the world to its knees, sending shockwaves across global food supply chains and leaving nations scrambling to replace their supplies.
3. Already vulnerable regions were hit the hardest by food price inflation.
As droughts decimated domestic crop production across many developing nations, these under-resourced countries struggled to compete with wealthier nations on the global exports market.
4. The adaptability of food supply sourcing was put to the test.
As crop production fell across numerous exporting countries worldwide, importing countries had to get creative to find alternative sources for the crops they depend on.
5. The food security risks of overpopulation are becoming increasingly urgent.
World population reached a record 8 billion people in 2022 — a worrisome milestone with far-reaching consequences for global food security as countries around the world reach their production limits.
Daily, Global, Scientific-Quality Data Designed for Ag
As an agribusiness professional, your decisions are only as good as the data they’re based on. As the industry looks ahead toward the uncertainties of 2023, Earth Observation can be a powerful competitive advantage to help agribusinesses reduce risk.
EarthDaily customers around the world receive complete crop health data tailored to their needs. To learn how Earth Observation can help your business reduce risk with more informed, more confident decisions, contact our team.