Drones, satellite innovations put ag markets 'on brink of' data revolution

Wed 30th November 2016
Drones, satellite innovations put ag markets 'on brink of' data revolution

Agriculture markets are, thanks to innovations such as drones, "on the brink" of an information revolution which could help fill the information gap notable in regions such as the Black Sea, and markets such as coffee.

Olivier Raevel, head of commodities at exchange operator Euronext, told the AgriRisk Forum that developments in satellite technology were already transforming the availability of data for energy investors.

Such information can, for example, give an indication of oil inventories allowing investors buying it to position ahead of benchmark monthly reports from the International Energy Agency.

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