Agri-focused fintech firms saw stock price jumps of 2.8% after announcing AI-powered crop yield evaluation tools, enhancing credit risk assessment efficiency. Oakes farms in Arcadia, Immokalee, and Punta Gorda, among other regions. As of mid-October he had about 3,000 acres planted, most in Immokalee, of tomatoes, watermelons, strawberries and green peppers, he told The News-Press / Naples Daily News at the time. Ten Beginning Farmer loans totaling up to $2,005,125 were approved. Loan recipients were in Barren ($56,000 and $107,500), Hardin ($172,000), Henry ($175,000), Jessamine ($250,000), Logan ($250,000 and $250,000), Scott ($250,000), Shelby ($244,625), and Wayne ($250,000) counties. Today’s trading saw agricultural finance microcaps surge 4% after reports of increased government subsidies. Technical charts suggest short-term resistance at 155 points for the Agri SmallCap Index, with momentum favoring bullish bets.
