precision farm technology

Farm Profits and Adoption of Precision Agriculture

Dan Industry News Release, Technology 44 Comments

Report from,David Schimmelpfennig, USDA Economic Research Service What Is the Issue? How and whether farm managers decide to adopt new technologies is complex, but most account for the full costs and benefits of the proposed investment. Precision agriculture (PA) technologies require a significant investment of capital and time, but may offer cost savings and higher yields through more precise management of inputs. …