Podcast Feature - The Feed: 113 - Predicting supply chain shocks

Our CEO, Francisco, was featured on the HNGRY Podcast this week. HNGRY founder Matt Newberg chatted with Francisco about how some of the largest food players and commodity traders are leveraging Helios’ platform, the various tradeoffs we need to be considering in agribusiness, and technological solutions that can help create a more resilient food system over the long haul.

See the HNGRY founder’s post below:

I had a fun conversation with Francisco Martin-Rayo of Helios about predicting commodity prices for large CPGs, restaurant brands, and traders using economic and climate data. The platform has gotten ahead of shortages like mangos in Peru and potatoes in Europe, helping its customers proactively source from other regions before price shocks.

Helios builds individual models for each crop on its platform overlaid on top of everywhere in the world where they are being grown to make predictions with 90% accuracy. This is done on a highly granular level using billions of data points across small hexagons for these regions.

In the future, Francisco sees technology (and capital) playing a role in helping farmers transition to new crops based on climate change while consumers are faced with real tradeoffs around how frequently they eat certain foods. Meanwhile, large conglomerates will acquire alternative food companies to help provide consumers with more options.

Listen to the full episode here! 👇

https://lnkd.in/d5xDFscM

#agribusiness #agtech #agriculture #commodity #cpg #qsr #foodservice #ai #artificialintelligence #gis #foodtech #foodtechnology