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Entry Point Precision Ag Technology: Benefits & Costs for Decision Making

John Hanchar, Farm Business Management Specialist
Northwest New York Dairy, Livestock & Field Crops

March 15, 2016
Entry Point Precision Ag Technology: Benefits & Costs for Decision Making

Summary

  • Expected changes in profit attributed to auto steer exceed 0 over a range of expected values for key factors
    • overlap without and with auto steer, acres affected, and others
  • Net present value analysis yields similar favorable results
  • Understand that some benefits to the operator are difficult to quantify, but valuable -- reduced stress, reduced fatigue
  • Producers encouraged to take advantage of analysis provided by equipment professionals, advisors etc. when making decisions



Precision Agriculture Technology: Benefits and Costs for Decision Making (pdf; 453KB)


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February 15, 2023
Batavia, NY

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