ROI Calculator

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5 Year Total Savings

$ 2,420,000

Potential payback time in MONTHS 3.8

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  • 1st year$ 352,000
  • 2nd year$ 517,000
  • 3rd year$ 517,000
  • 4th year$ 517,000
  • 5th year$ 517,000
Savings
22.00%

Tractor

Technology Qty Cost per unit Input Savings Increase Yields
Guidance
Machine & fleet management
Wireless task file transfer
Total tractor technology investment costs $ 86,000
Total tractor technology increased yields 1.75%
Total tractor technology reduction in input costs 1.5%

Normal gross income $ 2,350,000
Input savings $ 235,000
Yield increase $ 282,000
Total increase in production $ 517,000
Total investment $ 165,000

Crops Area planted Yield per area unit Unit price Total income Input savings Yield increase Savings

Currency
Total cost of production in percentage of total gross income %
Reduction in percent resulted by using precision farm products %
Final costs of production %

v2.0.3


Instructions

 

*This Calculator is provided by AGCO for informational purposes only and calculations are based on precision farming industry averages. AGCO does not represent or warrant the accuracy of the Calculator and disclaims any liability associated with your use of, or reliance on, the Calculator. Actual results may depend on a variety of factors and may differ significantly from calculated results. You are encouraged to seek your own independent advice and perform your own calculations regarding the potential savings associated with the use of precision farming equipment.

References:
http://nydairyadmin.cce.cornell.edu/pdf/submission/pdf161_pdf.pdf
http://www.precisionag.com/works/institute/eight-of-10-adopters-say-precision-agriculture-pays/
http://www.precisionag.com/works/institute/precision-agriculture-higher-profit-lower-cost/