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 1, 57-75

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.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:43:y:2011:i:01:p:57-75_00

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