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“Agricultural commodity traders, on the other hand, buy from thousands of individual farmers. That makes the traders’ job harder, but it also provides an opportunity: dealing with so many farmers gives the largest traders valuable information. Long before the concept of ‘big data’ became popular, the agricultural traders were putting it to work, aggregating information from thousands of farmers to get a real-time insight into the state of the markets.”

Javier Blas, The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources
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The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources by Javier Blas
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