Lead briefing
According to the latest USDA data, combined sales of old and new corn crops totaled 59 million bushels, maintaining a lead; soybean sales were only 8.2 million bushels, well below expectations. The report reveals dynamics of the global food supply chain, providing direction for agritech investment.
The global smart greenhouse market size is expected to grow from $7.9 billion in 2026 to $27.17 billion in 2034, with a significant compound annual growth rate. How is smart greenhouse technology reshaping modern agriculture?
According to a report by Allied Market Research, the global precision agriculture market is expected to reach $23.1 billion by 2030, with a compound annual growth rate of 13.4%. The proliferation of IoT, artificial intelligence, and data analytics technologies is driving improvements in agricultural production efficiency and sustainability.
Global agriculture faces the enormous challenge of feeding a population of ten billion while reducing environmental impact. A latest research review points out that sustainable intensification is a feasible path through precision agriculture, waste resource utilization, digital technologies, and climate-smart practices.
According to the latest report from Market Intelo, the global smart agriculture and Agriculture 4.0 technology market is expected to grow from $18.2 billion in 2025 to $51.8 billion by 2034, with a compound annual growth rate of 12.2%. Innovations such as sensors, robotics, and AI are reshaping the global food supply chain, but adoption speeds and priorities vary across regions.
As climate change threatens crop production, agricultural technology, especially artificial intelligence, is helping the health industry ensure a sustainable supply of natural ingredients. From medicinal plants to cosmetic raw materials, AI is reshaping the supply chain from farm to product.
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