aWhere™ Launches Exclusive Innovation for Weather-Driven Commodity Risk Reports Combining Big Data Analytics and Plant Science
Sep 23, 2015
BROOMFIELD, Colorado, September 23, 2015 – Today aWhere™ announced the launch of Risk aWhere™, a new approach to risk analysis of agricultural commodities for Risk Managers, Growers, Traders, and Commodity and Equity Analysts. Unlike traditional commodity risk reports using only weather forecasts, Risk aWhere integrates very high resolution daily observed and forecast weather data, plant science algorithms, and quantitative analytics with the power of big data techniques to generate qualified assessment of each crop’s stress to date and risk exposure for the rest of the season on local, regional, and global levels.
The weekly Risk aWhere Commodity Reports, provide unique insights into risks and opportunities based on propriety weather and agronomic models allowing commodity buyers, traders and analysts to proactively identify relationships between weather events and commercial impact as they emerge.
“With these in-depth, easy-to-read reports, everyone in the commodities value chain has access to information valuable to making critical decisions that assist with purchasing decisions for a healthier supply chain,” said Michael Ferrari, PhD, Director of Climate Services for Agriculture at aWhere.
Risk aWhere Reports integrate localized meteorological data with agronomic models for sugar cane, coffee and cocoa, including crop stress, pest and disease indices, and historical trends. This data is then leveraged in the aWhere agricultural intelligence platform to create reports that identify links between commodity prices for agricultural zones and the supply chain.
“Michael’s research and technology transfer activities have broadly focused on connecting Earth observation data and models to measure and comment on the commercial risk across the agricultural value chain. These specific qualities are quintessential for the team responsible for amassing and interpreting data for generating the weekly reports,” said John Corbett, PhD, CEO and co-Founder of aWhere.
aWhere also offers a complimentary Global Summary Letter which summarizes critical commodity observations each week.
aWhere captures and analyzes over a billion points of data from around the world on a daily basis, to create unprecedented visibility and insights for field-level to global decisions. We call this Agricultural Intelligence. Founded in 1999, aWhere’s roots lie in the deployment of information systems in support of sustainable agriculture and development. We believe the most effective strategies require the integration of knowledge from all relevant sources.
Jennifer McAleer, Marketing and Communications
Morag Greenberg, Marketing and Communications