New Technologies To Help Agribusinesses Fuel Rising Food Demand: Moody's
A new report from Moody's Investors Service says that in order for agribusinesses to meet rising food demand, new technologies will play an increasingly important role.
The UN Food and Agriculture Organisation anticipates that over the next three decades, agricultural production will have to rise by 70% from current levels to meet projected demand, as the global population grows and emerging market incomes rise.
However, limited available farmland to grow crops, and increased legislation and guidelines to protect biodiversity means that agribusinesses will need to box clever to improve their annual yield, Moodys says.
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