Study of the spreading of precision farming

Kalmár, Sándor

Keywords: precision farming, spreading of innovation, economic model

Ever since precision farming was introduced in the mid-nineties, correlations between payback period and area size have been unexplored. It was found that – taking into account the quick obsolescence of assets –, to achieve a payback period of 3 years, an investment into assets of 3 million Forint (inc. VAT), input costs of HUF 21,140/ha and a savings ratio of 5% will need an area of 946 ha to achieve payback from savings on input materials. Varying the parameters will naturally lead to different results.

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