Solving the World’s Food Crisis With This Emerging Tech While many of us may be worried about crashing stocks on Wall Street these days (although some stocks have soared more than 30% recently), perhaps our concerns should actually be on something much scarier: Empty food shelves.
Believe it or not, we’re living in the middle of the biggest food crisis the world has seen since The Great Depression of the 1930s. In short, a confluence of headwinds are all converging at once – including the Russian invasion of Ukraine, COVID-19 lockdowns in China, poor rainfall in the United States, unusually hot temperatures across the globe, regulatory water cutbacks, farming labor shortages, and more – to create a situation wherein food supply is low, supply chains are broken, prices are soaring, and billions of people across the globe do not have food security. This is a global food crisis.
And it is the most important crisis in the world today.
Forget the stock market crash. Forget soaring oil prices.
Not all of us invest. Many of us could skip driving, too. But we all have to eat food.
Therefore, a global food crisis is a crisis that impacts all 7.7 billion on the planet Earth. This is a big problem.
Big problems require big solutions. Big solutions generate big economic value.
Consequently, whoever solves today’s food crisis, will generate enormous economic value over the next decade – and all of that wealth generation will start in 2022. Well, folks, we think we’ve identified the “fix.”
That fix is an emerging technology that you’ve probably never heard of, but which over the next few years, could ensure that everyone, everywhere has more than enough food.
It is the panacea for the world’s food crisis, and it’s called vertical farming. We Don’t Have Enough Food Long before Russia ever invaded Ukraine and even before the COVID-19 pandemic emerged and thrust global supply chains into disarray, the world was flirting with an enormous food problem.
The problem? We may not have enough food to feed people by 2050.
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There will be nearly 10 BILLION people on Earth by 2050. In order to feed all those people, the United Nations estimates that global food production will need to increase by at least 50% over the next 30 years.
But foods need water to grow, and already, 70% of the world’s freshwater supply is dedicated to agriculture. Plus, the amount of rain that falls down to Earth every year is steadily decreasing thanks to climate change. Foods also need the “right” temperatures to grow, and steadily rising temperatures across the globe are significantly and adversely impacting crop yields.
And, lastly, foods need land to grow. But, due to climate change, the rate of agricultural soil erosion is up to 100X higher than the rate of agricultural soil formation these days, and 23% of land areas have become less productive farmland because of land degradation. Folks… long before COVID-19 showed up to the scene and Russia decided to invade Ukraine… the world’s farming industry was on the cusp of apocalyptic crisis.
Now, COVID and Russia’s invasion have only exacerbated the problem and put the legacy farming industry in a “now or never” situation.
Change isn’t an option here – it is the only way forward. Farming needs to evolve.
Fortunately, the next evolution is actually already here… The Farm of the Future My family is from Montana, so when someone tells me to think of a “farm,” I think of the big open ranges and fields of Big Sky Country.
But that’s the farm of the past. The farm of the future is one built in man-made warehouses.
I’m talking about high-tech vertical farming.
In high-tech vertical farming, companies leverage a series of light, temperature, and humidity technologies to grow foods in indoor settings. Sometimes those settings are massive warehouses. Sometimes they are high-rises. Sometimes they are small apartments. The locations vary, but the common thread is using technologies to create optimal growing conditions in a controlled, indoor setting. The biggest upside of vertical farming, of course, is that you remove extraneous variables from the farming equation. You remove weather. You remove pests. You remove natural sunlight. In their place, you create consistently optimal growing conditions so that crop yields are always high.
You also use much less water, because the growing conditions are always optimized, and you can grow much more food per square foot because you can build “fields” on top of each other, much in the same way skyrises stack living spaces on top of each other (and, therefore, a skyrise can house more people than a home on the same plot of land). To that end, vertical farming solves all of the problems of legacy farming. Better yields. Less water. More output.
We can solve the world’s food crisis using vertical farming technologies.
Importantly, vertical farming is finally ready to deliver.
You have to understand: Vertical farming is nothing new. Growing plants, fruits, and veggies indoors has been a concept as old as time itself. But it wasn’t until recently – thanks to technological advancements in AI, lighting, hydroponics, and automation, as well as falling LED costs – that we could create large-scale, high-tech greenhouses which could reliably, effectively, and cheaply feed the planet.
That time has finally arrived.
AgTech startups like Square Roots, Plenty, and AeroFarms are all creating large-scale indoor farming facilities across America to help proactively solve the coming food shortage crisis. These companies are building on the back of other exponential technologies to create vertical farms that are actively producing lots of food.
This is the next big industry.
And yet, no one is talking about it today… which means that you have a unique opportunity to invest in this burgeoning industry first… |
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