Crystal Ball for Corn Crop Yields Will Revolutionize Commodity Trading

Crystal Ball for Corn Crop Yields Will Revolutionize Commodity Trading TellusLabs is using NASA imagery, machine learning, and expert knowledge about vegetation to deliver accurate, in-season agricultural yield estimates. Deriving financial insights from satellite images isn’t a new idea, but TellusLabs is putting a twist on it. The Boston startup analyzes satellite imagery from NASA as well as weather data from the National Oceanic and Atmospheric Administration and seasonal, crop-growing information from the U.S. Department of Agriculture. It then uses machine-learning algorithms to generate intelligence about natural resources, such as predicting agricultural yields. The strategy might sound similar to that of other satellite imagery analysis companies like Descartes Labs and Orbital Insight. However, TellusLabs plans to differentiate itself by applying scientific expertise in vegetation and climatology to its analysis, maintaining…


Link to Full Article: Crystal Ball for Corn Crop Yields Will Revolutionize Commodity Trading