USDA to launch AI tool to check crop production data after errors
The US Department of Agriculture will use an artificial intelligence tool it built to check data in next week’s monthly crop production report, agency officials said, after a series of data missteps eroded farmers’ and traders’ trust in its forecasts.
After the USDA discovered errors in its corn data from September, officials determined the AI tool would have flagged the problem and decided to use it on the crop production report due on November 10, USDA Under Secretary Scott Hutchins said in an interview.
The tool’s debut tests whether the agency can restore confidence in data that often moves markets.
