Satellite remote sensing reduces risk for agriculture credit lending

Geospatial data tools allow the crop history of each field to be analysed for better decision-making or lenders and growers Farming credit has been a fundamental tool for the development of Brazilian agriculture for decades, growing significantly to meet the demand of the Brazilian agricultural sector. Between 1995 and 2018, the amount of credit officially…

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Crop insurers adopt satellite remote sensing technology to monitor crop progress

Technology offered by Geosys brings speed and precision in monitoring insured properties, amid the Covid-19 pandemic Crop producers in all regions of Brazil purchased more than 193,000 crop insurance policies last year covering 13.7 million hectares. This represents about 21% of Brazil’s total farming area according to the Ministry of Agriculture, Livestock and Supply (MAPA).…

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