Commodities - NOVEMBER 18, 2019

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Farm bankruptcies at the highest level, AI tech farm to address struggling issues

by Andrea Zander

AI has transformed the farming market in important ways. Farmers now have access to tools that will help them meet the demands of our world’s ever-increasing population. Many farmers who manage large-scale operations are taking advantage of innovative technologies such as self-driving tractors that use GPS, satellite imagery, and AI to plant more efficiently; and sensors and machine learning to make smarter decisions about when to irrigate and how much fertilizer to apply.

An artificial farm located in North Dakota, a farm state (90 percent of North Dakota’s land is devoted to agriculture), aims to address several issues facing North American farmers and rural communities today: a skills gap, a lack of venture capital across rural America, and a farm labor shortage.

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