The face of farm technology is undergoing another major change. Sensors, power and even cloud computing will be enhanced in the future. Deploying these technologies will be important in the next decade.
On a recent trip to Florida, Team FIN farmer Jeff Ryan from Cresco, IA, explored an Asian market where he found an abundance of food items he had never before seen. Among his finds were live eels, chicken feet, roasted coconut juice, duck eggs and more.
Precision technology requires both financial investment and the process of learning new farming practices. One northwest Ohio grower crunched the numbers to show that technology is truly paying off on his farm. Through input savings, efficient use of machinery and yield increases, precision practices really can help the bottom line....More
“Since refiners can carry over excess 2013 production into 2014 for RFS compliance, the market could be closer to one billion gallons, or almost half of our 2013 [biodiesel] production. That would be devastating for the industry . .. It’s difficult to predict the impact that would have on soybean markets, but clearly biodiesel provides a solid market for excess soybean oil."...More
Each year, timed in sync with the National Farm Machinery Show and our own FinOvation Awards banquet, the American Society (ASABE) holds its annual awards ceremony that recognizes 50 of the most innovative products designed in the last year. The difference between these two award contests is that our FinOvation awards are selected by you, the reader, whereas ASABE’s winners are chosen by a panel of professional engineers....More
Economic solutions have been a solid tool for achieving environmental goals. Perhaps the most famous is the idea of power plants trading pollution credits, but there’s one for water that could benefit your farm.
USDA and EPA recently announced they are working together to support the development of water quality trading markets. These markets are expected to provide farmers and ranchers with new income opportunities, in addition to enhancing water quality and conservation....More