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Pssst... the global precision agriculture

market is expected to reach US $16.35

billion (

~

CDN $20.25 billion) by 2028,

expanding from 2021 by a rate of 13.1

percent a year.

That’s the prediction contained within the Global

Precision Farming Market 2021-2028 report via

ResearchAndMarkets.com

.

We all know just what precision agriculture farming

using high impact technology can do—help farmers

evaluate their own specific fields to make a more

informed decision on how best to proceed—and

when—and even more precisely to determine how

different parts of the same field may require different

ways to maximize it.

The report points out that over the next few years,

more and more people will learn of the benefits of

precision ag technology and will utilize it. Or at least

that’s the hope—and why shouldn’t it be?

It’s like fishing. You could stand on a riverbank and

blindly cast about hoping that whatever you have used

as bait and whatever fishing style used will attract a

fish lurking nearby and that you hopefully are able

to hook and then bring ashore. Or, instead of blind

luck, one could use technology better, such as

utilizing a deep-sea boat with sonar and maps,

study weather conditions and water currents, and yes,

physical fishing technologies to fill your vessel with a

large haul.

The example cited is an over-simplification of the

use of technology, but the notable take-away is that

while one is for fun, the other is a better way to run a

business.

While farmers are certainly allowed to have fun, the

business of running a farm is survival of the fittest.

Why not use the best materials available to your

advantage to maximize the pluses and to minimize

the negatives? This is the allure of precision ag

technology.

Per the Global Precision Farming Market 2021-

2028 report, it expects to see a continued

growth in the application of telematics in

agriculture.

Telematics is the broad descriptive term

for technologies that are used to capture

data from precision ag equipment—like

a tractor—via sensors installed on it

to monitor how well the equipment

is performing, and to then transfer

the data to the farmer in a near-real

time fashion, who can access by

computer, pad or phone from the

field or any place on the planet.

Predictions expect that between now and 2028, the worldwide precision farming market

will exceed $20-billion, noting that Canada has been slow to adopt the technology.

GLOBAL PRECISION AG MARKET

ONLY GOING

UPWARDS

06

ANDREW JOSEPH

FARMS.COM

PHOTO: Maxger/iStock/Getty Images Plus