🌾 AGRICULTURE SECTOR
Weather Impact:
- Unpredictable rainfall, droughts, and floods impact planting schedules and yields.
- Livestock face heat stress and water shortages.
- Pests and diseases increase with changing climate zones.
Predictions:
- Food prices will become more volatile, increasing global food insecurity.
- Growing regions will shift — some areas may no longer be viable for traditional crops.
- Agri-insurance models will need to be redesigned due to increasing claim frequency.
Strategic Outlook:
Agribusiness will need partnerships with fintech and insurtech for risk mitigation.
Farms must adopt climate-smart practices: precision agriculture, drought-resistant seeds, regenerative farming.
Investment in weather data, forecasting, and IoT tech will become a necessity.
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