Kaiyu Guan, founder of EnterpriseWorks startup Aspiring Universe, was a principal investigator to the University of Illinois report, Redefining drought in the US corn belt. This report was featured in a Forbes article. Stating the climate is now trending warmer and drier, global food security is now increasingly dependent on crops’ ability to withstand droughts, and producers aren’t focused on the right metrics when measuring crop-relevant droughts. Kaiyu Guan said, “Plants have to balance water supply and demand. Both are extremely critical, but people overlook the demand of the equation, especially in the U.S. Corn Belt. If you only consider rainfall and soil moisture, that’s mostly describing the supply side. Of course, if you have low soil moisture, plants will be stressed by how much water they get. However, the demand side from the atmosphere can also severely stress plants. We need to pay more attention to that drought signal.”
Read more about the report here.
Read more on the Forbes article here.
Aspiring Universe (ASP) is a farming financial risk modeling company. ASP helps financial institutes, public agencies, and individual producers to quantify, manage, and reduce financial risks in the farming-related business. They aim to monitor and model every crop field’s financial risks in the United States and worldwide. ASP has developed revolutionary approaches to rate historical and real-time financial risks for each crop field and each farmer, by integrating advancing technology in three domains: satellite/corp modeling, artificial intelligence, and agricultural finance modeling.
Learn more about Aspiring Universe here.