Why Farmers Should Care about Precision Agriculture?

Nov 11, 2015

Turning Precision Agriculture Potential into Profits

Ryan Marshall, a seventh generation farmer in Milton, believes that one day, precision agriculture will be so refined that each of the plants in his crop will be analyzed and fed water and nutrients that are specific for its needs. He believes it is less wasteful and more cost efficient to undertake precision agriculture activities. Marshall is a frequent agriculture speaker, and was a presenter at the 2015 Farms.com Precision Agriculture Conference.

Wondering what is planned for the 2016 Farms.com Precision Agriculture Conference? The theme for the 2016 Farms.com Precision Agriculture conference is “Turning Precision Agriculture Potential into Profits”. Back by popular demand at the 2016 conference will be precision agriculture expert Lisa Prassack of Prassack Advisors out of Denver, Colorado.

The 2016 Farms.com Precision Agriculture Conference and Tech Show will be held February 2 & 3, 2016 at the Best Western Lamplighter Inn and Conference Centre in London, Ontario. The 2016 Conference format has been adapted slightly to give more time for quality speakers, so the conference will kick-off at 2:00 pm on Tuesday, February 2. Conference organizers have also taken over more space to accommodate a larger trade show and more breakout sessions.

“Investments into high-tech farming equipment can be high,” says Farms.com Executive Vice President Joe Dales. “But it’s not just about the gadgets, it’s about turning the potential of properly executing precision agriculture techniques and turning that hard work into future profits. That’s why this 2016 Precision Agriculture Conference is so important.”

To register for the 2016 Conference: http://www.farms.com/photo-gallery/precision-ag-conference-registration.aspx

For more information about becoming a precision agriculture exhibitor at the tech show (please note, in 2015, Exhibitor Space was sold out): http://www.farms.com/precision-agriculture/conference-2016/exhibitor-information.aspx

For more information about becoming a conference sponsor: http://www.farms.com/precision-agriculture/conference-2016/sponsors.aspx

For more information on proposing a precision agriculture topic as a speaker (deadline is November 30, 2015): http://www.farms.com/precision-agriculture/conference-2016/speaker-information.aspx

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
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The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
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If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
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CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
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