Three agriculture stocks are expected to benefit from agricultural innovation in the coming years, as precision agriculture becomes a significant part of the industry. Precision agriculture utilizes technological advancements such as GPS guidance, drones, sensors, and precision machinery to farm more efficiently. This method is gaining attention in the agriculture stock market. An exchange-traded fund (ETF) specifically for this sector is not mentioned.
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These three agriculture stocks should all benefit from agriculture innovation in the years ahead.
Google “precision agriculture,” and you get more than 9.3 million results. It’s become a big part of the story around agriculture stocks and the use of technology.
What is precision agriculture?
“Precision agriculture is a method of farming that uses technological innovations – including GPS guidance, drones, sensors, soil sampling and precision machinery – in order to grow crops more efficiently,” states CropLife Canada.
Is there an ETF for this?…
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