In a speech at this year’s Total Wealth Symposium, Paul Mampilly, editor of Profits Unlimited, and dedicated a stock analysts said that more investors should be embracing the new trend of farming robots.Remote-controlled harvesters, fully automated fertilizing systems, viticulture robots are the new reality in agriculture. The applied technology is limited to automated steering systems that make the work easier for the drivers, but there are also other ideas in the works. The idea of many small agricultural robots instead of several large machines. The autonomously working mini-robots, for example, will plant independently, as well as monitor and take care of the harvest.
In addition to such prototypes, as Paul Mampilly points out, are tangible machines and newer developments in use, which work in different degrees of automation and replace the farmer and employees.Approaches to automation, in different intensity levels, exist today in almost all areas of agriculture. Not only on the field are farmers now experimenting with thinking technology, but also in animal husbandry and vegetable growing robots are being used.Mampilly has spoken of various ways automated employees are replacing traditional people, and various ways investors should be thinking of how to make money in this industry. For one, says Paul Mampilly, investors should looking at the companies building this technology.
Examples of robotic agricultural systems include:
- With automatic milking systems, more cows are milked in a much shorter time. At the same time, the system captures the data of each cow and evaluates them. Milk that does not meet the quality requirements will be sorted out automatically.
- Robots also pick various items that make up salads, and does the work of 20 field workers.
- There are also automatic feed systems in cow and other animal pens. Each cow is identified by transponders and supplied with the specified amount of feed and the individual food composition.
Automation is still in its infancy in many areas, and so is field technology, but as Paul Mampilly points out, the more accurately agricultural machines are controlled, the more advantages arise for the farmer, and this emerging technology is ripe for investors.Paul Mampilly is an editor for a host of widely popular investment newsletters like Profits Unlimited, and Rapid Profit Trader. Since launching his newsletters at Banyan Hill Publishing, he has published hundreds of posts that offer his expertise and experience as a stock analyst.Follow Paul on Facebook and Twitter to keep up to date on the latest happenings.