A wave of crime is sweeping rural parts of the US, with organized gangs and petty thieves heisting commodities ranging from wheat to almonds, copper wires to hardwood trees.
Attracted by the prospect of making easy money, criminals steal onto private and state-owned forests to illegally fell timber, carry off entire shipping containers of almonds, and risk their lives to strip electricity transmitters of their copper wiring.
"As the price of a particular commodity increases, it becomes the target of crooks because they're opportunists who are looking to make money," said Bill Yoshimoto of the Agricultural Crime Task Force in California's rural Tulare County, where nearly two-thirds of its 311,000 residents live from farming.
"When fuel prices went up, we saw a spike in gasoline thefts. Right now we're seeing an epidemic of metal theft," he said.
"There is so much copper wire coming in that we know a lot of it isn't scrap metal that someone's discarded -- they're pulling down transmission wires to get it," Yoshimoto said.
With California almond prices tripling between 2001 and 2005, when they went from US$0.91 a pound (US$2 per kilogram) to US$2.81, thieves have also turned to "wholesale almond theft," Yoshimoto said.
"They didn't go to the trees or fields to take the almonds; they waited until they were processed and in containers for shipment, and stole the whole container off the truck," he said.
Wheat, which has doubled in price since January last year, is being stolen by the elevator-full in the Great Plains, said Dusty Fritz, spokeswoman for the Kansas Association of Wheat.
Trees are being illegally felled in forests.
"Timber theft is widespread around the country on private forestlands, national park forestlands, industry forestlands," Brigitte Johnson of the American Forest Foundation told reporters.
With a hardwood from the Appalachian mountains in Virginia fetching more than US$1,000 for a single tree trunk, according to a report by the Forestry Department at Virginia Tech university, and given the vastness and remoteness of many forests, timber theft is a route to easy money for thieves.
"Suppose you have 2,000 acres [809 hectares] of forestland. There's no way you can monitor it all the time. A lot of owners have forestland but don't live there. And even if you have somebody helping or maintaining the forest or looking out, a thief could go deep in the forest, take the wood and get out," Johnson said.
Tree farmers are losing "hundreds of millions of dollars a year" to thieves, Johnson said.
Agricultural theft cost US farmers an estimated US$5 billion in 2006 and last year, according to a report by the Urban Institute in Washington, while metal theft alone cost California farmers US$10 million in the same period.
That is the official figure; Yoshimoto estimated that the true loss to thieves is around 10 times greater.
"The Urban Institute estimates that one in 10 farmers never reports theft. So they estimate that the actual farm loss is nine, 10 times greater than what's being reported," he said.
Many of the stolen commodities are off-loaded to a buyer who is several hundred miles if not an ocean away from the scene of the original crime, Yoshimoto said.
"The almond thefts took place up to 200 miles [320km] away from Sacramento but wound up in a warehouse in Sacramento to be distributed around the US and, we think, in Europe," he said.
A big market for metals stolen on the West Coast of the US is China, he said.
The US federal government has created the Agricultural Crime, Technology, Information, and Operations Network (ACTION), but the program is "in minimum operation mode because of budget delays," he said.
MAJOR BENEFICIARY: The company benefits from TSMC’s advanced packaging scarcity, given robust demand for Nvidia AI chips, analysts said ASE Technology Holding Co (ASE, 日月光投控), the world’s biggest chip packaging and testing service provider, yesterday said it is raising its equipment capital expenditure budget by 10 percent this year to expand leading-edge and advanced packing and testing capacity amid strong artificial intelligence (AI) and high-performance computing chip demand. This is on top of the 40 to 50 percent annual increase in its capital spending budget to more than the US$1.7 billion to announced in February. About half of the equipment capital expenditure would be spent on leading-edge and advanced packaging and testing technology, the company said. ASE is considered by analysts
TRANSFORMATION: Taiwan is now home to the largest Google hardware research and development center outside of the US, thanks to the nation’s economic policies President Tsai Ing-wen (蔡英文) yesterday attended an event marking the opening of Google’s second hardware research and development (R&D) office in Taiwan, which was held at New Taipei City’s Banciao District (板橋). This signals Taiwan’s transformation into the world’s largest Google hardware research and development center outside of the US, validating the nation’s economic policy in the past eight years, she said. The “five plus two” innovative industries policy, “six core strategic industries” initiative and infrastructure projects have grown the national industry and established resilient supply chains that withstood the COVID-19 pandemic, Tsai said. Taiwan has improved investment conditions of the domestic economy
Huawei Technologies Co’s (華為) latest smartphones carry a version of the advanced made-in-China processor it revealed last year, results from an independent analysis showed. This underscored the Chinese company’s ability to sustain production of the controversial chip. The Pura 70 series unveiled last week sports the Kirin 9010 processor, research firm TechInsights found during a teardown of the device. This is a newer version of the Kirin 9000s, made by Semiconductor Manufacturing International Corp (SMIC, 中芯) for the Mate 60 Pro, which had alarmed officials in Washington who thought a 7-nanometer chip was beyond China’s capabilities. Huawei has enjoyed a resurgence since
purpose: Tesla’s CEO sought to meet senior Chinese officials to discuss the rollout of its ‘full self-driving’ software in China and approval to transfer data they had collected Tesla Inc CEO Elon Musk arrived in Beijing yesterday on an unannounced visit, where he is expected to meet senior officials to discuss the rollout of "full self-driving" (FSD) software and permission to transfer data overseas, according to a person with knowledge of the matter. Chinese state media reported that he met Premier Li Qiang (李強) in Beijing, during which Li told Musk that Tesla's development in China could be regarded as a successful example of US-China economic and trade cooperation. Musk confirmed his meeting with the premier yesterday with a post on social media platform X. "Honored to meet with Premier Li