Agribusiness as a whole is betting that the world has reached the tipping point where desperate need caused by a growing population, the economic realities of conventional farming, and advancing technology converge to require something called precision agriculture, which aims to minimize inputs and the costs and environmental problems that go with them.
The past predictability of the inverted yield curve has led to today’s widespread assumption that the US economy is slowing and will soon dip into recession; market watchers have thus begun to view economic data with an eye toward seeing problems ahead.