A Whole Farm Analysis of the Influence of Auto-Steer Navigation on Net Returns, Risk, and Production Practices

Jordan Shockley, Carl R. Dillon and Timothy S. Stombaugh

Journal of Agricultural and Applied Economics, 2011, vol. 43, issue 01, 19

Abstract: A whole farm economic analysis was conducted to provide a detailed assessment into the economic, risk, and production implications due to the adoption of auto-steer navigation. It was determined that auto-steer navigation was profitable for a grain farmer in Kentucky with net returns increasing up to 0.90% ($3.35/acre). Additionally, the technology could be used in reducing production risk. Adoption of the technology also alters production practices for optimal use.

Keywords: Farm Management; Risk and Uncertainty (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (15)

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Journal Article: A Whole Farm Analysis of the Influence of Auto-Steer Navigation on Net Returns, Risk, and Production Practices (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:100640

DOI: 10.22004/ag.econ.100640

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