How Will the GPS Outage on May 10 Affect US Farm Profitability?

Terry Griffin

farmdoc daily, 2025, vol. 14, issue 103

Abstract: Since May 10th, a new question has been getting economists thinking: How will the GPS outage associated with the geomagnetic solar storm affect US farm profitability during the 2024 cropping season? The answer, as usual, is that it depends, especially on who, what, where, and when. The GPS outage occurred during planting season (when) for many crops across the heartland (where). In 2024, farm operations have become more reliant upon GPS technology (what) than at any other time in history. Some farm operations were more vulnerable to the GPS outage than others (who).

Keywords: Agribusiness; Profitability (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/358503/files/fdd053124.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:illufd:358503

DOI: 10.22004/ag.econ.358503

Access Statistics for this article

More articles in farmdoc daily from University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().