Everstream Analytics launched its Crop Prediction solution, enabling food and beverage manufacturers and financial institutions to predict crop yields and quality through advanced weather intelligence and predictive modeling in the Everstream Platform.
"Building on our Climate Risk Scores capability launched in October 2024, we're expanding from long-term climate risk projection to detailed crop forecasting to give supply chain leaders the tools they need to address climate challenges across all planning horizons," says Paige Cox, chief product officer at Everstream Analytics. "We've partnered with some of the world's largest food and beverage brands to bring Crop Prediction to life, with early adopters already using these insights to secure alternative sourcing arrangements, adjust procurement timing, and negotiate more favorable supplier agreements based on projected crop conditions."
Key takeaways:
· Everstream's Crop Prediction solution provides short and long-term guidance to help forecast crop conditions and improve sourcing decisions worldwide.
· The solution leverages Everstream's proprietary AI algorithms combined with human insights to analyze multiple variables critical to crop development, including precipitation patterns, temperature variations, soil moisture levels, and remote sensing vegetation health indices. Testing shows this comprehensive approach accurately predicts crop yield outcomes, with strong correlations between forecasted conditions and actual harvest results across various crops and regions.
· Key features include historical crop yield index modeling to benchmark current conditions; weekly monitoring reports detailing crop condition changes by region; expert advisory sessions for risk mitigation strategies during critical growing seasons; coverage of 250 agricultural layers masked to specific acreage per crop; and global monitoring across major growing regions.
· Crop Prediction is said to be the first comprehensive solution in the supply chain risk management space that combines advanced meteorological data, satellite imagery, and AI to deliver actionable crop forecasting insights.
"Extensive heat, droughts, hurricanes and unpredictable weather patterns have become the new normal, dismantling the growth and production of crops globally," says Jon Davis, chief meteorologist at Everstream Analytics. "As organizations struggle to grapple with intensifying climate changes, understanding where and when crops could be impacted has become paramount not only for major food and beverage organizations, but for the people and businesses who rely on these products."
