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Effective risk management is crucial for ensuring sustainable production, food security, and profitability. Instead of applying pesticides uniformly, farmers can target specific affected zones, reducing chemical use and saving costs. This enables financial institutions to offer customized loan products.
The increased transparency enables a deeper understanding of the agri-food value chain, including the processes involved in food production, processing, and distribution. The availability of such data allows stakeholders to assess the sustainability performance of companies and make informed choices regarding the products they consume.
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