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Economics of Precision Agricultural Technologies Across the Great Plains

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  • Smith, Craig M.
  • Dhuyvetter, Kevin C.
  • Kastens, Terry L.
  • Kastens, Dietrich
  • Smith, Logan

Abstract

Precision agricultural technologies, such as guidance systems and automatic section controllers, have given farmers the ability to more effectively apply crop inputs such as fertilizer, pesticides, and seed. More efficient use of inputs often can be translated into higher yields and/or lower costs, but the costs and benefits likely vary across regions. Our research incorporates over 500 real-world cropland fields from farms in Colorado, Kansas, and Nebraska to help answer the research question: What are the economics of investing in guidance systems and automatic section controllers for sprayers, and how do these vary across different regions of the Great Plains?

Suggested Citation

  • Smith, Craig M. & Dhuyvetter, Kevin C. & Kastens, Terry L. & Kastens, Dietrich & Smith, Logan, 2013. "Economics of Precision Agricultural Technologies Across the Great Plains," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2013, pages 1-22, June.
  • Handle: RePEc:ags:jasfmr:161496
    DOI: 10.22004/ag.econ.161496
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    References listed on IDEAS

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    1. Shockley, Jordan M. & Dillon, Carl R. & Stombaugh, Timothy S., 2011. "A Whole Farm Analysis of the Influence of Auto-Steer Navigation on Net Returns, Risk, and Production Practices," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 43(1), pages 1-19, February.
    2. Whipker, Linda D. & Akridge, Jay T., 2009. "2009 Precision Agricultural Services Dealership Survey Results," Working papers 56111, Purdue University, Department of Agricultural Economics.
    3. Shockley, Jordan & Dillon, Carl R. & Stombaugh, Timothy S., 2012. "The Influence of Auto-Steer on Machinery Selection and Land Acquisition," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2012, pages 1-7, June.
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    Cited by:

    1. Abdul Munaf Mohamed Irfeey & Hing-Wah Chau & Mohamed Mahusoon Fathima Sumaiya & Cheuk Yin Wai & Nitin Muttil & Elmira Jamei, 2023. "Sustainable Mitigation Strategies for Urban Heat Island Effects in Urban Areas," Sustainability, MDPI, vol. 15(14), pages 1-26, July.
    2. Hanson, Erik D. & Cossette, Max K. & Roberts, David C., 2022. "The adoption and usage of precision agriculture technologies in North Dakota," Technology in Society, Elsevier, vol. 71(C).
    3. Barnes, A.P. & Soto, I. & Eory, V. & Beck, B. & Balafoutis, A. & Sánchez, B. & Vangeyte, J. & Fountas, S. & van der Wal, T. & Gómez-Barbero, M., 2019. "Exploring the adoption of precision agricultural technologies: A cross regional study of EU farmers," Land Use Policy, Elsevier, vol. 80(C), pages 163-174.
    4. Dhoubhadel, Sunil P., 2020. "Precision Agriculture Technologies and Farm Profitability," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304229, Agricultural and Applied Economics Association.
    5. Velandia, Margarita & Edge, Brittani & Boyer, Christopher & Larson, James & Lambert, Dayton & Wilson, Bradley & Buschermohle, Michael & Rejesus, Roderick & Falconer, Larry & English, Burton C., 2016. "Factors Influencing the Adoption of Automatic Section Control Technologies and GPS Auto-Guidance Systems in Cotton Production," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235563, Agricultural and Applied Economics Association.
    6. SOTO Iria & BARNES Andrew & BALAFOUTIS Athanasios & BECK Bert & SANCHEZ FERNANDEZ Berta & VANGEYTE Jurgen & FOUNTAS Spyros & VAN DER WAL Tamme & EORY Vera & GOMEZ BARBERO Manuel, 2019. "The contribution of precision agriculture technologies to farm productivity and the mitigation of greenhouse gas emissions in the EU," JRC Research Reports JRC112505, Joint Research Centre.
    7. Wang, Tong & Jin, Hailong & Sieverding, Heidi & Kumar, Sandeep & Miao, Yuxin & Rao, Xudong & Obembe, Oladipo & Mirzakhani Nafchi, Ali & Redfearn, Daren & Cheye, Stephen, 2023. "Understanding farmer views of precision agriculture profitability in the U.S. Midwest," Ecological Economics, Elsevier, vol. 213(C).
    8. Wang, Tong & Jin, Hailong & Sieverding, Heidi L. & Rao, Xudong & Miao, Yuxin & Kumar, Sandeep & Redfearn, Daren & Nafchi, Ali, 2022. "Understanding farmer perceptions of precision agriculture profitability in the U.S. Midwest," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322502, Agricultural and Applied Economics Association.

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    Crop Production/Industries;

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