Paper · RePEc: Research Papers in Economics

RISK MANAGEMENT POTENTIAL OF PRECISION FARMING TECHNOLOGIES

Lowenberg-DeBoer, James

2
claims
2
verbatim quotes
0
citations
2
research areas
—
Not open access

Abstract

Initial ideas on risk management uses of precision agricultural technology focused on site-specific treatment of problem areas to reduce the probability of low yields and returns. Recent discussions deal with sensor and remote-sensing information to improve marketing and "as applied maps" as trace-back mechanisms to manage liability. A theoretical model is presented that suggests that there are plausible circumstances under which precision farming can reduce temporal yield variability. Empirical evidence from an on-farm trial of site-specific P&K management in the Eastern Cornbelt supports the hypothesis that precision farming can have risk-reducing benefits.

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Claims 2

Method / resourceauthor interpretationoriginal resultsimulated

Claim · model-written summary

A theoretical model suggests plausible conditions in which precision farming reduces temporal yield variability.

Treatment
precision farminge0
Outcome
temporal yield variabilitye0
Direction
reducee0

Not reportedTaxonComparatorValue

Verbatim

e0

“A theoretical model is presented that suggests that there are plausible circumstances under which precision farming can reduce temporal yield variability”

✓ located verbatim in the source · abstract, characters 336–489 · show in text ↑
Intervention effectauthor interpretationoriginal resultmeasured

Claim · model-written summary

An on farm trial supports risk reducing benefits from site specific phosphorus and potassium management.

Treatment
site-specific P&K managemente0
Outcome
risk-reducing benefitse0
Direction
risk-reducinge0
Setting
Eastern Cornbelte0

Not reportedTaxonComparator

Verbatim

e0

“Empirical evidence from an on-farm trial of site-specific P&K management in the Eastern Cornbelt supports the hypothesis that precision farming can have risk-reducing benefits”

✓ located verbatim in the source · abstract, characters 491–666 · show in text ↑