IN THIS ISSUE FEBRUARY 2013
The Department of Ag Economics at Kansas State Univ. has developed a Guidance & Section Control Profit Calculator to help determine what the return on investment (ROI) on an anhydrous applicator. The calculator examines the economics of guidance technology in the context of overlap, which impacts machine and crop input usage per land acre, and of boom/machine section control, which impacts crop input usage and reduced yield on headlands. The calculator is a helpful tool for dealers to show customers the financial aspects of anhydrous applicators and how they can be more efficient with the equipment.
Below is an example of the ROI a customer could see when applying precision agriculture technologies to the whole farm.