Vence’s animal collars create “virtual fences” to monitor livestock movements and provide health data, saving ranchers 30% in farming costs and boosting grassland management.
Why
High costs of fencing
Livestock management costs include installation, repairs and regular maintenance of fencing for animal security.
Poor environmental management
Carbon sequestration by grass is impeded by the intensive grazing of fenced-in cows.
Remote ranching issues
The movements of remotely-farmed animals are hard to track and control.
Market
$30bn
Annual value of US livestock tech market alone, with 9m cows (The Mixing Bowl, 2018)
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