There is a new buzzword in the investing world and it is “ag-tech”; funds are pouring in to bring the latest technology into the farm sector and transform food production. From farming apps to robots that trim lettuce and software that calculates the grass required for grazing cattle.
To the farmer it means the ability to do more and be more accurate with inputs now that sensors on on farm machinery, GPS data from satellites and a host of other applications. Like any other technological development, there are questions about how best to incorporate the new technology but it seems certain to play a huge role in the way food is grown in the future.