Utilizing Artificial Intelligence to Forecast Market Trends and Enhance Supply Chain Strategies in Agriculture

This investigation elucidates the transformative role of Artificial Intelligence (AI) in revolutionizing agriculture across North America, with a focus on the United States, Canada, and Mexico.By leveraging advanced AI methodologies, particularly Gated Re-current Units (GRUs)-a sophisticated variant of Recurrent Neural Networks (RNNs)-this study addresses pressing agricultural challenges, including market volatility, demand forecasting, and price fluctuations.GRUs were selected for their efficacy in handling sequential data, mitigating issues like vanishing gradients, and delivering precise predic-tions for crops such as maize and potatoes.Performance metrics, including Mean Squared Error (MSE) and Root Mean Squared Error (RMSE), demonstrate exceptional accuracy, notably for maize yields in Mexico (RMSE: 1224) and potato yields in Canada (RMSE: 23145).Utilizing comprehensive crop yield datasets, this research underscores AI's ability to provide actionable insights, enabling farmers, suppliers, and distributors to optimize inventory, reduce waste, and strategically time market entry.The study also explores market scenario simulations, adoption barriers such as data accessibility, and the need for stakeholder training.Through detailed case studies, we illustrate AI's capacity to fortify agricultural supply chains, enhancing adaptability to dynamic market conditions.These findings affirm AI's potential to foster resilience, efficiency, and profitability, offering stakeholders critical tools for resource management and long-term strategic planning.

Publication Details

Journal
International Journal of Computer Applications Technology and Research
Published
2025-05-31
DOI
https://doi.org/10.7753/ijcatr1405.1011
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
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article

Utilizing Artificial Intelligence to Forecast Market Trends and Enhance Supply Chain Strategies in Agriculture

International Journal of Computer Applications Technology and Research
Big Data and Business Intelligence
article

Utilizing Artificial Intelligence to Forecast Market Trends and Enhance Supply Chain Strategies in Agriculture

article en

Abstract

This investigation elucidates the transformative role of Artificial Intelligence (AI) in revolutionizing agriculture across North America, with a focus on the United States, Canada, and Mexico.By leveraging advanced AI methodologies, particularly Gated Re-current Units (GRUs)-a sophisticated variant of Recurrent Neural Networks (RNNs)-this study addresses pressing agricultural challenges, including market volatility, demand forecasting, and price fluctuations.GRUs were selected for their efficacy in handling sequential data, mitigating issues like vanishing gradients, and delivering precise predic-tions for crops such as maize and potatoes.Performance metrics, including Mean Squared Error (MSE) and Root Mean Squared Error (RMSE), demonstrate exceptional accuracy, notably for maize yields in Mexico (RMSE: 1224) and potato yields in Canada (RMSE: 23145).Utilizing comprehensive crop yield datasets, this research underscores AI's ability to provide actionable insights, enabling farmers, suppliers, and distributors to optimize inventory, reduce waste, and strategically time market entry.The study also explores market scenario simulations, adoption barriers such as data accessibility, and the need for stakeholder training.Through detailed case studies, we illustrate AI's capacity to fortify agricultural supply chains, enhancing adaptability to dynamic market conditions.These findings affirm AI's potential to foster resilience, efficiency, and profitability, offering stakeholders critical tools for resource management and long-term strategic planning.

International Journal of Computer Applications Technology and Research
Zero hunger
Openalex Percentile: Top 79%
Big Data and Business Intelligence
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Utilizing Artificial Intelligence to Forecast Market Trends and Enhance Supply Chain Strategies in Agriculture · International Journal of Computer Applications Technology and Research (2025) | TGRS Research Map | TGRS