The Influence of Auto-Steer on Machinery Selection and Land Acquisition

With the growing advancements in technology increasingly available to farmers, there is a need to recognize this influence when making farm management decisions. This study investigated the influence of auto-steer navigation on machinery selection and land investment decisions by developing a multif...

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Veröffentlicht in:Journal of the American Society of Farm Managers and Rural Appraisers 2012-01, p.1-7
Hauptverfasser: Shockley, Jordan M., Dillon, Carl R., Stombaugh, Timothy S.
Format: Artikel
Sprache:eng
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Zusammenfassung:With the growing advancements in technology increasingly available to farmers, there is a need to recognize this influence when making farm management decisions. This study investigated the influence of auto-steer navigation on machinery selection and land investment decisions by developing a multifaceted machinery management model. The results indicated that the addition of auto-steer allows for the purchase of smaller machinery while increasing net returns and lowering machinery costs. In addition, results indicated that auto-steer can also be purchased in lieu of larger machinery to support land expansion. Therefore, autosteer should be considered when making farm management decisions.
ISSN:0003-116X