Economic aspects of an agricultural innovation – precision crop production

Innovation in agriculture ensures the wide-spread use of the latest, up-to-date technology. Such new technology is precision farming in crop production, which serves as a validation of the criteria of environmental and economic sustainability. The economic applicability of precision crop production...

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Main Author: Katalin Takácsné György
Format: Article
Language:English
Published: University of Debrecen 2012-06-01
Series:Apstract: Applied Studies in Agribusiness and Commerce
Subjects:
Online Access:https://ojs.lib.unideb.hu/apstract/article/view/7777
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author Katalin Takácsné György
author_facet Katalin Takácsné György
author_sort Katalin Takácsné György
collection DOAJ
description Innovation in agriculture ensures the wide-spread use of the latest, up-to-date technology. Such new technology is precision farming in crop production, which serves as a validation of the criteria of environmental and economic sustainability. The economic applicability of precision crop production depends on several factors.Among them the following aspects must be emphasized: the size of the farm, the characteristics of the production structure, the current input-output prices and their tendencies, the investment needed for transitioning to precision technology and its capital source, the level of professional knowledge and the managerial attitudes of the farm. I have examined the economic relations between potential savings in chemicals on EU level. It has been found that after switching to precision farming, the active ingredient use for fertilizers can be reduced by 340 thousand tons at the same expected yield level in an optimistic scenario in the EU-27, while the savings in pesticide use can be 30 thousand tons (calculating with the current dose-level). If approximately 30% of the crop producing and mixed farms over 16 ESU adopt this new technology, this will diminish environmental loads by up to 10-35%. The majority of farms characterized by greater output and size can be based on their own equipment but it might as well be presumed that smaller farms can turn to precision farming not based on their own investment. They can buy the technical service from providers, they can establish producer cooperation, for example in the frame of machinery rings. At a certain farm size and farming intensity precision crop production is a real, environmentally friendly farming strategy, with the help of which the farm can reach earnings that cover at least the economic conditions of simple reproduction.
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spelling doaj.art-4bd71496804e406d90fdf97d64b0cd702022-12-21T19:09:18ZengUniversity of DebrecenApstract: Applied Studies in Agribusiness and Commerce1789-221X1789-78742012-06-0161-210.19041/APSTRACT/2012/1-2/6Economic aspects of an agricultural innovation – precision crop productionKatalin Takácsné György0Károly Róbert College, Gyöngyös, HungaryInnovation in agriculture ensures the wide-spread use of the latest, up-to-date technology. Such new technology is precision farming in crop production, which serves as a validation of the criteria of environmental and economic sustainability. The economic applicability of precision crop production depends on several factors.Among them the following aspects must be emphasized: the size of the farm, the characteristics of the production structure, the current input-output prices and their tendencies, the investment needed for transitioning to precision technology and its capital source, the level of professional knowledge and the managerial attitudes of the farm. I have examined the economic relations between potential savings in chemicals on EU level. It has been found that after switching to precision farming, the active ingredient use for fertilizers can be reduced by 340 thousand tons at the same expected yield level in an optimistic scenario in the EU-27, while the savings in pesticide use can be 30 thousand tons (calculating with the current dose-level). If approximately 30% of the crop producing and mixed farms over 16 ESU adopt this new technology, this will diminish environmental loads by up to 10-35%. The majority of farms characterized by greater output and size can be based on their own equipment but it might as well be presumed that smaller farms can turn to precision farming not based on their own investment. They can buy the technical service from providers, they can establish producer cooperation, for example in the frame of machinery rings. At a certain farm size and farming intensity precision crop production is a real, environmentally friendly farming strategy, with the help of which the farm can reach earnings that cover at least the economic conditions of simple reproduction.https://ojs.lib.unideb.hu/apstract/article/view/7777farmingtechnology pushlow speed of diffusion
spellingShingle Katalin Takácsné György
Economic aspects of an agricultural innovation – precision crop production
Apstract: Applied Studies in Agribusiness and Commerce
farming
technology push
low speed of diffusion
title Economic aspects of an agricultural innovation – precision crop production
title_full Economic aspects of an agricultural innovation – precision crop production
title_fullStr Economic aspects of an agricultural innovation – precision crop production
title_full_unstemmed Economic aspects of an agricultural innovation – precision crop production
title_short Economic aspects of an agricultural innovation – precision crop production
title_sort economic aspects of an agricultural innovation precision crop production
topic farming
technology push
low speed of diffusion
url https://ojs.lib.unideb.hu/apstract/article/view/7777
work_keys_str_mv AT katalintakacsnegyorgy economicaspectsofanagriculturalinnovationprecisioncropproduction