Agricultural supply disruptions and price volatility are at an all-time high and keep getting worse with climate change, according to Francisco Martin-Rayo, CEO of Helios AI. The Virginia, US-based company has unveiled an AI tool that enhances supply chain resilience by predicting the price and availability of agricultural commodities like corn, wheat, cocoa, coffee, rice, sugarcane, soybeans and palm oil. The platform, CommodiTrack, provides agrifood buyers and traders access to the climate risks impacting crops and allows them to “track, forecast and strategize” accordingly to predict “where and why” disruptions are likely to occur.
