Chicks Away, All Those Bits of Energy, Enjoy That Cup of Joe, and The Bionic Human

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Finally, we close with brief comments on Chicks Away, Those Bits of Energy, Enjoy That Cup of Joe, and The Bionic Human.  First, chicken processors are adding significant capacity to the industry.  They plan to add over 7% by the end of 2019.  This should put significant pressure on margins in the industry as they compete to fill up those plants.  But for the growers, it will be Chicks Away.  Second, crypto-currencies growth seems unstoppable.  So, does their insatiable demand for energy.  It is estimated that Bitcoin and Ethereum mining alone now consume almost 0.3% of total global electricity.  This is almost 3x the electricity consumed by EVs across the globe. It appears that all those crypto-currencies are worth their use of All Those Bits of Energy.  Third, the global coffee crop is on track for record production in Brazil.  That has driven near term prices to lows last seen in 2015.  However, coffee plants produce smaller crops every other year and futures prices reflect this, rising 6% by the end of 2018.  For all those coffee lovers out there, make sure to Enjoy That Cup of Joe.  And Fourth, a collaboration between Tel Aviv University in Israel and Linkoping University in Sweden is developing an artificial retina.  The retina is manufactured using inexpensive organic pigments used in printing and cosmetics coupled with gold.  This photo-active film converts light into electrical signals. While in early testing and development, it possesses the potential to restore sight to blind people.  We see this as another step along the path to creating The Bionic Human.

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