FinTech
$1 Million Grant to Fund New EASY4Ag Program From EarthDaily Agro
Earlier this year, the prestigious I-NOV competition for French creative businesses and industry disruptors awarded EarthDaily Agro a significant grant of $1 million to address pressing agriculture challenges. With existing analytics capabilities and an upcoming next-generation satellite constellation, EarthDaily Agro has been recognized for major contributions to agricultural sustainability. EarthDaily Agro’s overall goal is to…
Read MoreSatellite – Scaling Up Carbon Farming
In recent years, many studies on carbon farming practices have been done. Optimizing carbon capture on working landscapes is expanding in the United States and in other major production areas around the world. In coordination with these efforts, a framework is being structured that encompasses political and financial incentives, regulatory frameworks, contracted production, and debate…
Read MoreIf You’re Looking for Agribusiness Solutions, Look to the Sky
There are more than 8,000 satellites orbiting the Earth today — and almost as many different jobs they’re doing up there. Satellites have been helping humans solve problems for years. From capturing solar power to enabling global communications to viewing the deep reaches of space, satellites have been behind some of the biggest technological advancements…
Read MoreWeather Analytics Help Brazilian Insurer Reduce Daily Risk in Agriculture
Geospatial analytics helps Brazilian insurer take proactive steps to reduce the cost of claims with timely weather monitoring, forecasts and alerts. Protecting farmers from the risks of flood, drought, frost and other weather- and climate-related conditions can create financial risk for insurers—for example, when farmers in Brazil submit increased claims due to crop failure caused…
Read MoreReducing Financial Risk for a Global Insurance Leader
The <geosys/> dataset provides the insurer with the information needed to analyze weather and climate conditions and make informed decisions for writing policies and responding to claims. Millions of hectares across Brazil—approximately a third of the country’s land area—are devoted to agriculture. In particular, corn and soybean production has increased significantly in recent years because…
Read MorePowered by Earth Observation, Ag Lenders Deploy Next-Generation Credit Risk Evaluation and Monitoring to Drive New Business Opportunities
Sustainably feeding the world takes vast amounts of capital — for raising crops, for transporting them around the world, for seeing farmers through commodity price volatility, and that’s just for starters. This is why agricultural lenders are such a vital — if largely unseen — part of the agrifood supply chain. Increasingly, though, ag lenders…
Read MoreReducing Insurance Risk With Proactive Action Powered by Earth Observation
A leading French agricultural insurer harnesses powerful weather and climate data from EarthDaily Agro to better predict risk and establish policy, enabling the company to respond proactively and ultimately support its bottom line. Insurance by nature can be a reactive business, which often creates challenges for insurers as it exposes them to risk. A leading…
Read MoreMajor Brazilian Bank Harnesses Data to Efficiently Manage Rural Credit Accounts
Remote satellite imaging and analytics gives bankers advanced tools for monitoring crops throughout the growing season, helping to validate rural credit and comply with government audit regulations. As one of the largest agricultural producers in the world, Brazil supports its farmers through a vast rural credit program—in 2018 the amount available to farmers was US$57…
Read MoreHow Ag Lending Is Transforming With Earth Observation and Geospatial Analytics
Today’s farm operations are becoming bigger and bigger — but while farmers are farming more land, they aren’t necessarily owning more land. Instead, farmers are increasingly leasing the land, or portions thereof, that they farm. When it comes to ag lending, this trend is creating both a challenge and an opportunity. With larger operations, farmers…
Read MoreTo the Last Drop: How Agribusiness Decision-Making Becomes Clearer, Simpler and More Impactful With Earth Observation
Agtech innovation has made today’s industry more sophisticated than ever. But with sophistication comes complexity. Every day, agribusiness leaders — across fintech, commodity trading, food and beverage, digital ag and more — are tasked with making complex business decisions. The trouble is the complicated, inconsistent and incomplete information they’re often equipped with is insufficient for…
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