Growing More with Less: IMF Highlights Efficiency in Agriculture with Agritech Advances
Bunge Limited Common Shares (BG)
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Source: PR Newswire
USA News Group Commentary Issued on behalf of Bee Vectoring Technologies International Inc.VANCOUVER, BC, May 17, 2024 /PRNewswire/ -- USA News Group – Food production is rapidly evolving. The International Monetary Fund (IMF) underscores the urgent need to "grow more with less," emphasizing efficiency in agriculture. Artificial intelligence (AI) is revolutionizing the sector by developing new crop varieties, providing vital soil data, and utilizing precision drones for fertilizers and pesticides. To meet the rising demands for sustainable agriculture, agritech innovations are accelerating. The global agritech market, valued at $24.4 billion in 2023, is expected to grow at a CAGR of 12.33%, reaching $49.2 billion by 2031, according to Adroit Market Research. This expansion is fueled by advances in precision farming, biotechnological applications, and the integration of AI and Internet of Things (IoT) technologies, with agritech companies leading the way to ensure future food security,
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News
- Dairy Blends Market Size Projected to Surge USD 8.95 Billion Growth by 2033, Exhibit a CAGR of 7.83% [Yahoo! Finance]Yahoo! Finance
- Growing More with Less: IMF Highlights Efficiency in Agriculture with Agritech AdvancesPR Newswire
- Bunge Announces Approval of Quarterly Dividends by Shareholders at 2024 Annual General MeetingBusiness Wire
- Here's Why We Think Bunge Global SA's (NYSE:BG) CEO Compensation Looks Fair for the time being [Yahoo! Finance]Yahoo! Finance
- Brazil floods hit food silos, disrupt routes to major grains port [CNBC]CNBC
BG
Earnings
- 4/24/24 - Beat
BG
Sec Filings
- 5/23/24 - Form 4
- 5/22/24 - Form 144
- 5/16/24 - Form 4
- BG's page on the SEC website