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Reciprocal Tariffs Are Just What the U.S. Needs to Fix Its Manufacturing Decline
Categories: Forest Products Industry
Stock market today: Wall Street closes higher, snapping a 4-week losing streak
Categories: Forest Products Industry
Exclusive-India's $23 billion plan to rival China factories to lapse after it disappoints
Categories: Forest Products Industry
Switching off plants: Chinese copper smelters grapple with margin collapse
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US Isn't the Only Story Around for Investors, Nikko Asset Management Says
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China Imports of US Commodities, Cars Collapse in New Trade War
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Wall St ends higher, dollar rises as Trump signals tariff respite
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CK Hutchison shares drop after earnings, pro-Beijing paper's fresh criticism cites security laws
Categories: Forest Products Industry
Google’s Cybersecurity Deal Spins Tiny Investment Into $4 Billion Windfall
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Oil prices rise for second consecutive week on expected tighter supply
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PDD’s Shares Climb After Earnings Beat Soothes Worst Trade Fears
Categories: Forest Products Industry
Five technologies to look out for in forestry
The forestry sector is ripe for a tech revolution. Here are five technologies to watch out for in the near future. Source: Timberbiz First, keeping an eye on hundreds of thousands of trees is a herculean task, traditionally carried out on foot in all weathers. Imagery, whether it be taken by a drone or satellite, is a more efficient way to see the landscape. Using satellite images can help keep track of the forest’s condition and check the health of trees. Drones can fly among the trees and gather similar information, like tree density and health status. This way, areas needing attention can be quickly identified and necessary actions taken. However, it’s challenging to detect smaller trees, which can be overlooked in the images. Secondly, connect with your senses with a sensor for the air, monitoring temperature, humidity and quality. A sensor for the soil, monitoring moisture content. A sensor for the tree, monitoring growth. Combine all of these through an Internet-of-Things network, and an expansive, real-time and accurate picture of the forest can be created. While this can be used to optimise conditions, it can provide early warnings of wildfire or disease ensuring damage is minimised. Third, the advent of AI. Images and sensors provide vast quantities of potentially useful data. Without analysis, that data remains useless but analysing it is a complex and time-consuming process. The advent of artificial intelligence (AI) can expedite the process while also providing far higher quality insights. By rapidly identifying patterns and anomalies in vast quantities of data, AI promises to enhance forest management. Fourth, controlled environment technologies involve controlling the environment to optimise growth. This is most obviously known in the form of vertical farming where light, temperature, nutrients and water levels are controlled to optimise the growth of crops, all on a smaller footprint of land due to the stacking of growing surfaces. The same can be applied to trees, by growing seedlings through vertical farming, ensuring optimal conditions, before being planted out-doors. This has the added benefit of growing saplings faster and in a bio-secure environment, reducing the risk of disease. Last is the rise of robotics. Forestry has been a human-centred activity for a long time but robotics and automation have made their way into the sector to increase productivity. Robotic harvesters are already available commercially, operating tasks such as pruning, harvesting, inventorying and planting. Teaming robotics with automation, as has been done in certain agricultural sectors, could further optimise the time and quality of these operations. Many of these technologies are already being explored within the forestry sector. For example, in Devon and Cornwall, drones have been used not for imaging, but to plant 75,000 seeds as a means of tripling rainforest cover in the area. As these technologies are adopted more widely, they will continue to be improved, and the value proposition will become more evident. Although early adopters may face initial challenges, they are also more likely to gain the greatest rewards rather than being left to play catchup.
Categories: Forest Products Industry
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