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Adoption, Profitability, And Making Better Use Of Precision Farming Data

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  • Lambert, Dayton M.
  • Lowenberg-DeBoer, James
  • Griffin, Terry W.
  • Peone, J.
  • Payne, Tim
  • Daberkow, Stan G.

Abstract

Precision agriculture (PA) technology has been on the market for over ten years. Global Positioning Systems (GPS), Geographic Information Systems (GIS), yield monitors, variable rate technologies (VRT) and other spatial management technologies are being used by farmers worldwide, but questions remain about the profitability of the technology and its future. This paper summarizes: 1) data on adoption of PA technology worldwide, 2) review of PA economics studies and 3) efforts to make better use of yield monitor and other sensor data in crop management. The adoption estimates are based on reports by an international network of collaborators. This paper draws on USDA ARMS data to update U.S. PA adoption numbers. The PA profitability summary goes beyond previous reviews by including a large number of publications from the last three years, a more detailed breakdown of results by technology type and new technologies. The data analysis section focuses on efforts to make use of the yield monitor and other data that farmers are collecting routinely, including spatial analysis of on-farm comparisons and alternative on-farm trial designs that take advantage of PA technology. Conclusions outline our vision of the future of precision agriculture and the role of farm management extension.

Suggested Citation

  • Lambert, Dayton M. & Lowenberg-DeBoer, James & Griffin, Terry W. & Peone, J. & Payne, Tim & Daberkow, Stan G., 2004. "Adoption, Profitability, And Making Better Use Of Precision Farming Data," Staff Papers 28615, Purdue University, Department of Agricultural Economics.
    • Handle: RePEc:ags:puaesp:28615
    DOI: 10.22004/ag.econ.28615
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    References listed on IDEAS

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    1. Fernandez-Cornejo, Jorge & Daberkow, Stan G. & McBride, William D., 2001. "Decomposing The Size Effect On The Adoption Of Innovations: Agrobiotechnology And Precision Farming," 2001 Annual meeting, August 5-8, Chicago, IL 20527, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Daberkow, Stan G. & McBride, William D., 1998. "Socioeconomic Profiles of Early Adopters of Precision Agriculture Technologies," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 16(2), pages 1-18.
    3. Norton, George W. & Swinton, Scott M., 2000. "Precision Agriculture: Global Prospects and Environmental Implications," 2000 Conference, August 13-18, 2000, Berlin, Germany 197207, International Association of Agricultural Economists.
    4. Madhu Khanna, 2001. "Sequential Adoption of Site-Specific Technologies and its Implications for Nitrogen Productivity: A Double Selectivity Model," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(1), pages 35-51.
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