The Consumer Electronics Show (CES) has become synonymous with innovation and that was certainly the case in Las Vegas last week as agbioscience brands like John Deere, Kubota and more flooded the tradeshow floor. Kristen Owen, executive director of equity research at Oppenheimer and Co., joins us to talk about innovation’s ability to create impact in a tightening economy and what she sees ahead as major shifts in industry trends.
One of the big ones from CES? Artificial intelligence (AI). With the cost of capital still high, AI has a chance to move from hype to help. Kristen examines where it can impact productivity in agriculture – from equipment to the bio-economy – to reduce variability for farmers’ operations.
As we brace for economic turbulence, what does Kristen see ahead for the broader food and ag economy? She talks about the investment landscape that will impact the next wave of agbioscience innovation, austerity creating opportunity and the one big trend she sees for the industry in 2024.