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Opinion: Drone regulations ground valuable farming technology

Unmanned aerial vehicles — drones — are a part of many farm futures. From field and pasture reconnaissance to application of pesticides, the ability to see land without setting foot on it offers many advantages that can improve the bottom line.

Technology is developing faster than the regulations that guide operations, as is usually the case, so there’s a risk that producers will put the tools to work before the rules are ready. Liability issues are only some of the negative effects possible should accidents occur ahead of regulation. Guidelines are needed that encourage UAV use rather than stifle it.

Current aerial regulations weren’t designed for larger, utility machines that work on their own. Today’s rules were aimed at tiny machines that pose little peril when kept away from larger aircraft and from humans on the ground. And even those are evolving as the technology improves.

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Grain Market Outlook Price Prospects for 2024

Video: Grain Market Outlook Price Prospects for 2024

Joe Janzen and Scott Irwin of the University of Illinois provided an in-depth analysis of the grain market outlook for 2024, including price forecasts, global supply and demand trends, and marketing implications for corn and soybean producers.

Key topics covered:

Review of 2023/24 USDA February WASDE report results Old and new crop corn and soybean balance sheet forecasts Export sales pace comparisons to previous years South American soybean production estimates Impact of input costs and interest rates on marketing Benchmarking farm-level marketing performance As grain prices face downward pressure in 2024, the presenters emphasized the importance of having an active marketing plan in place, rather than a 'store and ignore' approach. They provided insight into strategies for forward contracting, making new crop sales, and capturing opportunities in a volatile market environment.

Overall, an excellent webinar reviewing the latest market analysis and offering actionable strategies for crop producers facing a more challenging economic climate this year.