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Many studies on the adoption of precision technologies have generally used logit models to explain the adoption behavior of individuals. This study investigates factors affecting the number of specific types of precision agriculture technologies adopted by cotton farmers. Particular attention is...
Persistent link: https://www.econbiz.de/10008922545
Personal digital assistants (PDA) and handheld global positioning systems (GPS) have become increasingly important in cotton production but little is known about their use. This research analyzed the adoption of PDA/handheld GPS devices in cotton production. A younger farmer who used a computer...
Persistent link: https://www.econbiz.de/10008530505
Producers lack information about the profitability of variable rate technology (VRT) for agricultural sprayers. An economic framework was developed to evaluate the returns required to pay for VRT investments. Payback variables included input savings, yield gains, and reduced application costs....
Persistent link: https://www.econbiz.de/10005459771
Many studies on the adoption of precision technologies have generally used logit models to explain the adoption behavior of individuals. This study investigates factors affecting the intensity of precision agriculture technologies adopted by cotton farmers. Particular attention is given to the...
Persistent link: https://www.econbiz.de/10009201406
Persistent link: https://www.econbiz.de/10005807009
Average net farm income was $36,614 in 2001 for the 207 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a sharp drop (55%) from the average net farm income of $81,750 in 2000 (Figure 1). As in previous years, the actual profit...
Persistent link: https://www.econbiz.de/10005807026
Average net farm income was $81,750 in 2000 for the 212 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. The median or middle income was $69,414. This is the second annual increase from the extremely low levels of 1998. Almost all of the...
Persistent link: https://www.econbiz.de/10005807031
Average net farm income was $96,404 in 2003 for the 175 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 38% increase over the average income of $70,007 in 2002. In constant dollars, 2003 was the most profitable year for...
Persistent link: https://www.econbiz.de/10005807083
Persistent link: https://www.econbiz.de/10005807143
Average net farm income was $43,762 in 1999 for the 216 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a large increase from the extremely low levels of 1998 and continues the historical pattern of large swings in farm income ....
Persistent link: https://www.econbiz.de/10005807206