Investment

Investment

GRDC Code: SRE2310-001SAX
NGN - Case studies to explore the economics of new precision weed management technology
This project aims to provide grain growers with valuable insights into the integration, costs, advantages, disadvantages, and economic benefits of precision weed management technologies. Through case study publications, podcasts, and video series, growers will share their experiences and lessons learned, allowing others to make informed decisions about adopting these technologies.

Outcomes:
1. Understanding Technology Integration: Gain insights into how growers have successfully integrated precision weed management technologies into their farming operations.
2. Cost Analysis: Learn about the capital and operational costs associated with adopting these technologies, helping growers assess the financial feasibility.
3. Advantages and Disadvantages: Explore the benefits and drawbacks of using optical sensors and remote or sensor weed mapping systems for targeted weed control.
4. Direct and Indirect Benefits: Discover the direct economic benefits, such as reduced herbicide costs, as well as indirect benefits, such as improved yield and resource optimisation.
5. Lessons Learned: Hear from experienced growers about the challenges they faced and the lessons they learned during the implementation of precision weed management technologies.
6. Constraints and Economics: Understand the constraints and economic considerations associated with investing in these technologies, including the operational scale required for a positive return on investment.
Project start date:
02/10/2023
Project end date:
26/07/2024
Crop type:
  • All Crops
Organisation
Star Economics Pty Ltd
Region:
North, South, West
Project status
status icon Active