Input Costs Increase Precision Interest
Indiana farm broadcaster Gary Truitt – voice of the Hoosier Ag Today radio network – recently did an interview with Purdue ag economist Bruce Erickson about how higher input costs are making many farmers take a second look at precision.
Erickson told Gary that the change in the farm economy has spurred a renewed interest in precision farming. “Couple of major things that drive precision technologies are saving input costs and increasing yields,” Bruce said. “With both higher input costs and high grain prices, we have the potential to make precision technologies more profitable.”
Bruce says that they are seeing a bit of an uptick in adoption of precision, more in the “on the go type things that you get with individual nozzle shut offs and the planter row control and even in guidance systems. If you can shave off a little cost when diesel is $4 a gallon, those things really start to become more profitable.”
Listen to Gary’s interview with Bruce here:
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