Annual Review of Resource Economics · 2019 · 488 citations · 97 references
AgricultureAgricultural EconomicsPrecision AgricultureFarm ManagementSite-specific Crop ManagementSoil SensingPrecision Crop ManagementSensor Data AcquisitionEnvironmental CostsPrecision Agricultural MachineryPrecision Agriculture Decision MakingPrecision Agriculture MonitoringPrecision Agriculture SamplingPrecision Agriculture SystemsSector-specific IncentivesTechnical Infrastructure
Precision farming tailors agricultural management through site‑specific sensing and input use, reducing waste, costs, and environmental impacts, and is currently adopted mainly by large farms in developed countries while technological advances broaden its applicability. The study argues that precision farming’s environmental benefits warrant increased public and private incentives, especially for small‑scale farms in developing countries, and that enhancing technical infrastructure and legal frameworks can broaden access and societal gains.
Precision farming enables agricultural management decisions to be tailored spatially and temporally. Site-specific sensing, sampling, and managing allow farmers to treat a field as a heterogeneous entity. Through targeted use of inputs, precision farming reduces waste, thereby cutting both private variable costs and the environmental costs such as those of agrichemical residuals. At present, large farms in developed countries are the main adopters of precision farming. But its potential environmental benefits can justify greater public and private sector incentives to encourage adoption, including in small-scale farming systems in developing countries. Technological developments and big data advances continue to make precision farming tools more connected, accurate, efficient, and widely applicable. Improvements in the technical infrastructure and the legal framework can expand access to precision farming and thereby its overall societal benefits.
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