Indiana CCA Conference 2021 Presentation
 
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Presentations

W8

Crop Management
Wed, Dec 15, 2021
8:00am to 8:50am

W1

Crop Management
Wed, Dec 15, 2021
1:00pm to 1:50pm

Precision Agriculture Economics and Decision Making - Beyond Profitability

This presentation discusses the site specific nature of precision agriculture economics, cost and benefit considerations for precision agriculture technologies, how to evaluate the costs and benefits to make a decision on profitability, how precision agriculture technologies can reduce economic risk on the farm and provide some precision economic examples including up and coming ag technologies.

Speaker

Jordan Shockley

Associate Extension Professor
University of Kentucky
Biography

Dr. Shockley is an Associate Extension Professor and Farm Management Specialist within the Department of Agricultural Economics at the University of Kentucky.  His mission is to provide economic opportunities to U.S. producers by conducting meaningful, applied research in Farm Management and Poultry Economics and effectively communicate those opportunities to positively influence the success of producers statewide.  The past two years, Dr. Shockley’s focus has been carbon markets in the U.S. and the opportunities they provide to crop and livestock producers, as well as woodland owners.  Understanding and communicating the economics and risks facing farmers surrounding carbon programs has led to state, national, and international invitations to speak on the topic.  While Dr. Shockley has a majority Extension appointment, he also teaches an upper-level undergraduate class in Agricultural Financial Management.