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Positive Ag Cycle Brings Cash. Can It Also Bring New Social Impact To Ag Tech?

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Positive Ag Cycle Brings Cash. Can It Also Bring New Social Impact To Ag Tech?

Photo caption: Bright days are here for agriculture, as commodity prices soar. Can we apply some of returns to feeding the hungry? Adobe Stock. Article by Michael Helmstetter. Forbes – March 3, 2021.

Can we turn a “good news, bad news” story into one that’s good for all?

The last few years have not been kind to farmers and producers. We’ve seen seven years of low commodity prices, damaging trade wars, the usual vagaries of weather and then a global pandemic. COVID-19 impacts alone included crops wasted and destroyed for collapse of markets, compounded by food safety challenges and supply chain fragility.

But that’s all changed. The indicators, some sprouting as early as last autumn, look like harbingers of a turning tide, not just a momentary flash. Take a look at any of the 20-year price charts for corn, soy and other crops – all show a steady rise in demand, as well as production, coming off a six-year run of low prices. […]

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