When you ask somebody who is not from california what californias biggest industry is, they will often guess technology. Thats incorrect. They will say, its probably entertainment because they are thinking of hollywood. That is incorrect as well. The answer is just south of here. Its agriculture. Just south of Silicon Valley, you will find artichokes and lettuce and Strawberry Fields forever. Plenty wants to bring agriculture into cities with robotic farms inside perfectly controlled and with amazingly high yields. Nate story is the cofounder. Thanks for being with us. Your vertical farms are shipping to 32 stores . You will build a new one in los angeles . Thats right. We are building a farm down there to ship to hundreds. How big can these farms get . When i talk about those fields that are just south of me sometimes i can smell the garlic and onions here in Silicon Valley. We are talk about miles upon miles. You are talking about a building. Can you scale to reach demand . You know,
The sheltered valley locations down to the 20s and 30s. This frost advisory in effect until 9 00 a. M. Today. As we head through the afternoon, we will see the daytime high school the low average. We will have the sunshine but we are only talking about highs in the mid to upper 50s to low 60s as we go through our afternoon. 59 in the San Francisco. 60 in oakland, san jose, and concord. We will talk about how long this will last and our next chance to see some rain showers coming up. We are getting a Traffic Alert through martinez. Apparently there was some sort of debris in the roadway causing vehicles to spin out. They have now closed all lanes to get caltrans crews out there to clean up the mess. I will check in with chp shortly. We are starting to see a few brake lights moving. To plan for that this morning if youre headed toward the east bay freeway. We have a wind advisory in effect for all the mod pass this morning. Youve got some slow and go speeds dipping down to 15 Miles Per H
Valley, down to the 20s and 30s this morning. It is definitely a colder start than what we have been noticing. One of the coldest mornings this season. 31 right now in santa rosa. 38 in napa. Right now, 39 in redwood city. Down to 33 in mountain view. 36 in san jose. Right now, 39 in in San Francisco lets talk about that frost advisory for the northbay Interior Valleys. Temperatures down to the 20s and 30s. So, below freezing. That is why the frost advisory is in effect until 9 00 am today. As we go through the afternoon, we will see the sunshine cool below average. Daytime highs in the mid to upper 50s to low 60s this afternoon. I will let you know how long this will last and when we see our next chance for showers coming up. It is cold and windy. Plus, we have a Traffic Alert around westbound 4. Right in martinez, we still have lanes blocked because of this trouble spot involving some sand in the roadway. Caltrans should be on scene shortly but in the meantime, you have quite a bit o
Economy. Eu budget faces more delays after hungary and poland double down, as the polish Prime Minister urges them to reconsider this will lead to a breakup of europe and the European Union. And President Trump moves closer to conceding the u. S. Election saying that he will leave the white house if and when the Electoral College confirms joe bidens win well, it is friday, we made to the end of the week happy thanksgiving thank you very much great to be with you on black friday and lets talk about markets and the price action were seeing on this final trading day of the week, capping off a week of solid gains the stoxx 600 and most of the european indices will ending the week about 2 higher than where we started off this is where we are for the broader european a indices as a whole, you can see the only one trading in negative territory is the ftse 100 down about and a half a percentage point. And we are getting to crunch time on brexit talks it doesnt appear like they are getting clos
Shanghai composite, 3 10 of an percent of the upside. Lets have a look at what is going on currency wise. This is the dollar index. Not that much changed. Bitcoin. Oves is down nearly 2 at the moment. [indiscernible] thetocurrency left to 18,000 level. Citigroup causing a stir with a 300,000 plus estimate with regards to bitcoin. U. S. Dollar index pretty much unchanged. Stasis as weoil in wait to see what is happening with some of these internal squabbles taking place with members of opec, mainly the uae. Mitchell with the first word headlines. Early south koreas trade data shows exports extending their recovery. The yearose 11 from earlier. South korea shipments received a boost from china and the u. S. Cap exports were up almost 22 . Singapore sees at the economy expanding by between four and 6 next year as it rebounds from the virus. Thirdquarter gdp shrunk by 5. 8 on the year and the estimate for contraction was revised to six to 6. 5 . The decline for the Third Quarter compared t