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Agricultural and Resource Economics
University of Nebraska - Lincoln
Department of Agricultural Economics: Dissertations, Theses, and Student Research
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Has The Usage Of Precision Agriculture Technologies Actually Led To Increased Profits For Nebraska Producers?, Michael H. Castle
Has The Usage Of Precision Agriculture Technologies Actually Led To Increased Profits For Nebraska Producers?, Michael H. Castle
Department of Agricultural Economics: Dissertations, Theses, and Student Research
An ever-increasing global demand for food, coupled with increasingly volatile commodity prices have charged producers with the task of becoming more efficient. As such, technologies aimed at producing more with less are continually being developed and marketed to producers. However, whether or not these expensive new technologies have resulted in improved profitability is still unknown, as the vast majority of studies showing their impact on profitability have been performed using hypothetical farms and simulations. These studies have shown the potential for increases in profitability from use, but their impact in the real world is still uncertain.
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