BizVibe has added key challenges and trends for grain and oilseed milling industry profiles on their platform. All 2,500+ company profiles will now contain 50+ company data points, including a list of potential challenges which are expected to impact market participants over the next few years.
One challenge which is being highlighted is the impact of climate change on production. Adverse weather conditions such as monsoons and droughts have a huge impact on farm produce, as farmers are dependent on timely and adequate rainfall in order to maximize output. This output is also negatively impacted by unexpected calamities such as floods and hailstorms. Moreover, increasing pollution levels and deforestation can spell disaster for farmers as these factors also impact the climate and cause irreversible changes such as global warming. By identifying such challenges, BizVibe is helping users analyze which suppliers are right for their business, while allowing them to efficiently monitor the risk of doing business.
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Date: Sep 29, 2021
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