The rising cost of new farm machinery, as well as that of repairing and maintaining it, along with the rapidly evolving use of precision farming technology are leading growers to weigh the benefits of leasing vs. purchasing. According to Deere & Co. reports, the company’s cost of equipment on operating leases is up more than 500% over the past decade.
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We’ve been busy over here in the Technology Corner preparing for the 10th annual Precision Farming Dealer Summit, taking place Jan. 6-7 in downtown Louisville, Ky. Skip Klinefelter, CEO of Ag Technology Solutions Group in Greenville, Ill., will be one of several speakers sharing their unfiltered perspective on the state of precision ag.