Late last week my daughter Marie, her two children, and I toured the Ballerina Farms dairy near Park City in Utah. My tech takeaway, as it relates to lenders: there are 150 cows, and two $250,000 robots do the milking machine duties of guiding Bessie, cleaning the udder, using lasers to attach the cups to the teats, pump the milk, weigh it, monitor the butterfat and protein, and bring up the next cow, day after day. That’s automation!
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Market Minute - November 13, 2026
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