Farmers’ sentiments can tell future crop price fluctuation’ says Chinese-based tech giant

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Digital technologies -- from autonomous robots that pick fruit, subterranean farms, and streaming apps that predict future grain prices -- help transform the...

film trucks lining up to load mounds of golden corn. At the same time, approximately 2,000 miles away in a Shenzhen office, someone is attentively watching, probing into the producer’s animated remarks combining it with images of his fields for clues on supply and demand.

The following are some of today’s leading technologies helping farmers not just with their yield but also the quality of their farming lives:Based on a recent market intelligence report from BIS Research, the global smart farming market is expected to reach S$23.14 billion by 2022, rising at a compound annual growth rate of 19.3% from 2017 to 2022.

Specific examples include the prediction of protein levels, determining optimum harvesting times, mapping water quality, screening crops for contaminants and monitoring overall soil health. These applications allow for the accumulation of valuable data, which can be used by farmers to predict future yields, monitor crop health and ultimately make better strategic decisions before going to the market.

 

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