USA: Department of Agricultural and Consumer Economics, College of Agricultural, Consumer and Environmental Sciences, University of Illinois, Urbana-Champaign.
Location:
Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 203 Document Number: D12167
6 pages., Authors from the Center for Commercial Agriculture, Purdue University, discuss the adoption of precision agriculture technologies. Findings of cited research among farmers indicated that the average net benefit was almost $90 per acre, and the benefit cost ratio averaged 9.7 to 1. "These results suggest a much higher payoff of precision farming than previous studies. This higher payoff is a result of the whole-farm system benefits of the interactions among individual tools and technologies which result in a new way of farming."