Here’s what investors are watching in 2018
Software, social media, and the latest wearable gadgets might be getting all the attention, but its the technological changes that are shaking up the agriculture market that are really going to change lives over the next decade.
And it’s coming not a moment too soon.
We’re living through some of the most complex and challenging times that the ag market has ever experienced. Demand is rising rapidly — by 2050, it is estimated that we’re going to have to double agricultural production in order to feed the world’s population, which is on track to increase by nearly 50 percent over the next 45 years — while at the same time global food supplies are being tested like never before, due to changes both in consumer demand as well as resource availability. We have to produce more food, but we’re going to have to do it with less arable land and fewer natural resources. Since water is an increasingly scarce resource and agriculture already uses 70 percent of the world’s fresh water supply, this growth is also going to need to happen with less water inputs.