[Diggers350] Bill Gates Robot-Tractor Revolution... & Buying 100ks Acres of Farmland
Tony Gosling
tony at cultureshop.org.uk
Sun Nov 21 23:16:23 GMT 2021
Another Monopoly? Bill Gates is Now Americas Biggest Farmland Owner
https://www.sgtreport.com/2021/10/another-monopoly-bill-gates-is-now-americas-biggest-farmland-owner/
Are Robots the Farmers of Tomorrow? [please someone, tax this twerp]
https://www.farmanddairy.com/columns/are-robots-the-farmers-of-tomorrow/690863.html
By
<https://www.farmanddairy.com/author/alanguebert>Alan
Guebert - October 28, 2021
<https://s3-wp-lyleprintingandp.netdna-ssl.com/wp-content/uploads/2021/10/27121004/john-deere-8370r-3288625_1280.jpg>
John Deere
Focus on technology
In a five-minute video on its website, the
company repeatedly notes how its rapidly
advancing technology, not diesel-fueled
horsepower, will assist Deere customers around
the world to make better, faster decisions to
optimize operations and maximize profits.
That positioning has caught the attention of
other investors like ARKQ, an ETF, or exchange
traded fund, that seeks long-term growth
by
investing in
autonomous technology and robotics companies
For example, ARKQs biggest holding is Tesla,
Inc., the worlds leading electric vehicle maker.
Interestingly, its second-largest holding, at
$180 million, is Trimble, Inc., the Silicon
Valley firm that specializes in geospatial
engineering think anything GPS-driven or
GPS-connected like tractors, combines and construction equipment.
Another large ARKQ holding is, yep, Deere; it
owns $76 million dollars of Deere stock. In
short, Wall Street is betting that tomorrows
biggest, most autonomous a $10 word meaning
robotic farm equipment manufacturer will be Deere.
In fact, YouTube is packed with videos of several
autonomous versions of sparkling green and
driverless John Deere tractors. And, hard as it
might be to believe, some are electric and none
have cabs, seats, steering wheels or drivers.
As such, tomorrows farming, like todays
manufacturing, will feature even more robots and
even fewer people. Neither, after all, can go on strike.
Big beneficiary
One of that rises biggest beneficiaries is one
of Deeres biggest shareholders, Cascade
Investments LLC, Microsoft founder Bill Gates investment sidecar.
According to the May 6 online edition of
thewealthadvisor.com, Cascade owned more than 31
million shares of the farm equipment maker,
worth about $10.4 billion today. (Deere isnt
Cascades only farm-linked investment. This past
May, it was widely reported that the then-married
Bill and Melinda Gates, owned 242,000 acres of
farmland [mostly in the South] worth more than $690 million.)
Farmers and ranchers continue to see Deere as the
premium and premium-priced farm equipment
manufacturer in the U.S. Investors and Deere,
however, have a more expansive view of its lawn
and garden, farm, forestry, landscaping and highway equipment.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <https://mailman.gn.apc.org/pipermail/diggers350/attachments/20211121/7d59d427/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: 6b5b5f33.jpg
Type: image/jpeg
Size: 180066 bytes
Desc: not available
URL: <https://mailman.gn.apc.org/pipermail/diggers350/attachments/20211121/7d59d427/attachment-0001.jpg>
More information about the Diggers350
mailing list