As a consequence of increased weather variability and climate uncertainty harvests of agricultural produce are also becoming more uncertain. Just like a weather forecast, a yield forecast helps you to reduce your risks to unexpected over- or undersupply of your product, already early on in the growing season. For example, a sudden increase of supply of agricultural produce by your farmers requires you to sell a lot of produce quickly at a lower price. Alternatively, a sudden decrease in supply might force you to buy produce from elsewhere at higher prices with a need to pay for higher transport causes. A forecast of expected yields prepares you for these eventualities, and allows you to take timely actions.
Wageningen Agricultural MOnitoring
Improving agricultural decision making through yield forecasting