The current yearly cost each farmer pays for a precision signal varies. Depending upon the signal accuracy, the cost can vary from $650 to $2,500 per year. It is estimated that for a farmer to move from regular cropping to using precision agriculture is a 10% savings in production costs. A one percent increase in sales is $2,240.40 per farmer for a county total of $670,212. Even 1% production sales increase can significantly impact the farmer's bottom line.
Many thanks to Ken Wall of Geodata Services http://www.geodataservicesinc.com for sharing.