Pulse Forward magazine #11 | July 2024

SATELLITE VIEW

have easy access to prices for yellow peas. So having this view of the whole picture of prices helps them understand other markets that interact with theirs and find new opportunities. On a macro level, it’s important to build a historical database of prices. We keep adding more products - ultimately, we want to include all regions and pulses. I’d like to add that GPC is not only there to help the traders, it is also helping humanity: providing information about the trade, which ultimately is concerned with bringing food from one place to another where it is needed. We are also working on a model using AI that will let us forecast for the future. How can AI help us predict prices? It’s about getting a big sample size that we can put in a statistical model, which will then start giving some projections according to historical trends and the likelihood of them repeating. The more

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