Drones May Transform the Way We Grow Food
Oct 04, 2013
Unmanned drones certainly have their controversial uses, but many say the technology could be fantastic for agriculture. Chris Anderson, the CEO of 3-D Robotics, which manufactures electronics and aerial vehicles, says he believes "drones might be the future of food." He says that, contrary to public opinion, drones aren't good for fighting domestic terrorism or smuggling drugs. However, Anderson believes drones are going to be one of the biggest sources of big data in one of the biggest industries in the world, which is agriculture. Farm Journal offers up the "Drone Zone" with the good, the bad and the ugly of unmanned aerials.
Cargill Will Bring Australian Grass-Fed Beef to U.S. Stores
Grass-fed beef has long been a niche product in the U.S., sold mostly in high-end retail outlets where price is rarely an obstacle for shoppers. But the market share of grass-fed beef is likely to expand, now that Cargill, one of America's largest food companies, has entered into an agreement with Teys Australia to import the Australian beef to the U.S.
NPR’s blog "The Salt" delivers their version of why most grass-fed beef sold in the U.S. comes from down under.
FBI Collars the Silk Road Kingpin
The government shutdown and a wild car chase in Washington grabbed most of the headlines this week, but maybe just as significant is the news the FBI caught the man accused of creating Silk Road. Yeah, we didn't know about Silk Road either, but apparently it's a shadowy e-commerce site that's described as the "most sophisticated and extensive criminal marketplace on the Internet." CNN describes how federal agents collared Ross William Ulbricht in a San Francisco public library on Tuesday:
The FBI believes Silk Road facilitated roughly $1.2 billion in sales of illegal drugs, fake documents, hackers-for-hire and other illicit goods. The Atlantic asks, "Did shutting down Silk Road make the world a more dangerous place?"
Change is Coming with Commodities-Equities Cycle
Looking at the Commodites-Equities Cycle, analyst Mike Hogan, Stewart-Peterson, says a shift happens about every 17 to 21 years. "Since 2000 we've been in a state where commodities have been pulling the economy forward. There’s only a couple years left in that cycle." AgDay TV has the full interview.