IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i15p6668-d1449684.html
   My bibliography  Save this article

The Role of Precision Agriculture Technologies in Enhancing Sustainable Agriculture

Author

Listed:
  • Mary Sanyaolu

    (Faculty of Economics, Department of Economics and Economic Policy in Agribusiness, Poznan University of Life Sciences, 60-637 Poznan, Poland)

  • Arkadiusz Sadowski

    (Faculty of Economics, Department of Economics and Economic Policy in Agribusiness, Poznan University of Life Sciences, 60-637 Poznan, Poland)

Abstract

Despite the known benefits of precision agriculture, the adoption is challenging due to the cost of investment and the farm sizes. Therefore, profitability is an important aspect to consider. This study aimed to evaluate the net returns, profitability, and investment efficiencies of PA by different economic farm sizes. The study was based on data retrieved from the Farm Accountancy Data Network (FADN) and Eurostat (year 2021). The study examined four countries (Poland, Germany, France, and Romania) under field crop farming using an investment cost of EUR 35,941–EUR 71,883 and a 20% and 15% reduction in the cost of crop protection and fertilizer usage, respectively, without compromising productivity. There is a positive relationship between the adoption of PA and farm returns for larger-scale farms. The result of the profitability and analysis of investment efficiency using Net Present Value (NPV) showed a positive value for economic farm sizes of EUR 100,000 and above. Hence, it is not economically advisable that all farmers use PA technologies with the hope that they will be profitable but with public support (subsidies) more farms will be able to use PA and be profitable. This is also an opportunity to meet the goals of the European Union Green Deal of minimizing emissions that cause climate change.

Suggested Citation

  • Mary Sanyaolu & Arkadiusz Sadowski, 2024. "The Role of Precision Agriculture Technologies in Enhancing Sustainable Agriculture," Sustainability, MDPI, vol. 16(15), pages 1-17, August.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:15:p:6668-:d:1449684
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/15/6668/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/15/6668/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Stephen K. Wegren & Christel Elvestad, 2018. "Russia’s food self-sufficiency and food security: an assessment," Post-Communist Economies, Taylor & Francis Journals, vol. 30(5), pages 565-587, September.
    2. Enikő Lencsés & István Takács & Katalin Takács-György, 2014. "Farmers’ Perception of Precision Farming Technology among Hungarian Farmers," Sustainability, MDPI, vol. 6(12), pages 1-14, November.
    3. E. M. B. M. Karunathilake & Anh Tuan Le & Seong Heo & Yong Suk Chung & Sheikh Mansoor, 2023. "The Path to Smart Farming: Innovations and Opportunities in Precision Agriculture," Agriculture, MDPI, vol. 13(8), pages 1-26, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Anastasios Michailidis & Chrysanthi Charatsari & Thomas Bournaris & Efstratios Loizou & Aikaterini Paltaki & Dimitra Lazaridou & Evagelos D. Lioutas, 2024. "A First View on the Competencies and Training Needs of Farmers Working with and Researchers Working on Precision Agriculture Technologies," Agriculture, MDPI, vol. 14(1), pages 1-12, January.
    2. Takács-György, Katalin, 2015. "Chemical Use In Crop Production – Can It Be Reduced By New Technologies?," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2015(3), June.
    3. J Blasch & B van der Kroon & P van Beukering & R Munster & S Fabiani & P Nino & S Vanino, 2022. "Farmer preferences for adopting precision farming technologies: a case study from Italy," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 49(1), pages 33-81.
    4. Sergio Monteleone & Edmilson Alves de Moraes & Roberto Max Protil & Brenno Tondato de Faria & Rodrigo Filev Maia, 2024. "Proposal of a Model of Irrigation Operations Management for Exploring the Factors That Can Affect the Adoption of Precision Agriculture in the Context of Agriculture 4.0," Agriculture, MDPI, vol. 14(1), pages 1-33, January.
    5. repec:zbw:bofitp:2021_005 is not listed on IDEAS
    6. Kebede, Dereje & Emana, Bezabih & Tesfay, Girmay, 2023. "Impact of land acquisition for large-scale agricultural investments on food security status of displaced households: The case of Ethiopia," Land Use Policy, Elsevier, vol. 126(C).
    7. Davydov, Denis & Sihvonen, Jukka & Solanko, Laura, 2021. "Who cares about sanctions? Observations from annual reports of European firms," BOFIT Discussion Papers 5/2021, Bank of Finland, Institute for Economies in Transition.
    8. Deniz Uztürk & Gülçin Büyüközkan, 2023. "Strategic Analysis for Advancing Smart Agriculture with the Analytic SWOT/PESTLE Framework: A Case for Turkey," Agriculture, MDPI, vol. 13(12), pages 1-25, December.
    9. Hajdu, Anna & Gagalyuk, Taras & Bukin, Eduard & Petrick, Martin, 2021. "Determinants of corporate social responsibility among farms in Russia and Kazakhstan: A multilevel approach using survey data," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 24(4), pages 697-716.
    10. Vasilii Erokhin & Kamel Mouloudj & Ahmed Chemseddine Bouarar & Smail Mouloudj & Tianming Gao, 2024. "Investigating Farmers’ Intentions to Reduce Water Waste through Water-Smart Farming Technologies," Sustainability, MDPI, vol. 16(11), pages 1-19, May.
    11. Alessandro Scuderi & Giovanni La Via & Giuseppe Timpanaro & Luisa Sturiale, 2022. "The Digital Applications of “Agriculture 4.0”: Strategic Opportunity for the Development of the Italian Citrus Chain," Agriculture, MDPI, vol. 12(3), pages 1-13, March.
    12. Götz, Linde & Heigermoser, Maximilian & Jamali Jaghdani, Tinoush, 2022. "Russia's food security and impact on agri-food trade," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 115-137.
    13. Mathias Juust, 2021. "Trade Effects Of A Negative Export Shock On Direct Exporters And Wholesalers," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 133, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    14. André Fonseca & José Cruz & Helder Fraga & Cristina Andrade & Joana Valente & Fernando Alves & Ana Carina Neto & Rui Flores & João A. Santos, 2024. "Vineyard Microclimatic Zoning as a Tool to Promote Sustainable Viticulture under Climate Change," Sustainability, MDPI, vol. 16(8), pages 1-21, April.
    15. Tengfei Zhang & Jinhao Zhou & Wei Liu & Rencai Yue & Jiawei Shi & Chunjian Zhou & Jianping Hu, 2024. "SN-CNN: A Lightweight and Accurate Line Extraction Algorithm for Seedling Navigation in Ridge-Planted Vegetables," Agriculture, MDPI, vol. 14(9), pages 1-20, August.
    16. Jean Pierre Enriquez, 2020. "Food Self-Sufficiency - Opportunities and Challenges for the Current Food System," Biomedical Journal of Scientific & Technical Research, Biomedical Research Network+, LLC, vol. 31(2), pages 23984-23989, October.
    17. Chrysanthi Charatsari & Anastasios Michailidis & Evagelos D. Lioutas & Thomas Bournaris & Efstratios Loizou & Aikaterini Paltaki & Dimitra Lazaridou, 2023. "Competencies Needed for Guiding the Digital Transition of Agriculture: Are Future Advisors Well-Equipped?," Sustainability, MDPI, vol. 15(22), pages 1-15, November.
    18. Kubala, Sebastian & Stanuch, Marcin, 2023. "Evaluation of the Level of Self-Sufficiency of Cow's Milk Production in the Countries of Central and Eastern Europe," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2023(1).
    19. Mikhail Krivko & Luboš Smutka, 2021. "Agricultural and Foodstuff Trade between EU28 and Russia: (Non)Uniformity of the Russian Import Ban Impact Distribution," Agriculture, MDPI, vol. 11(12), pages 1-15, December.
    20. Saqib, Shahab E. & Kaleem, Muhammad & Yaseen, Muhammad & Yang, Shang-Ho & Visetnoi, Supawan, 2024. "From green fields to housing societies: Unraveling the mysteries behind agricultural land conversion in Pakistan," Land Use Policy, Elsevier, vol. 144(C).
    21. Luxon Nhamo & Sylvester Mpandeli & Stanley Liphadzi & Tinashe Lindel Dirwai & Hillary Mugiyo & Aidan Senzanje & Bruce A Lankford & Tafadzwanashe Mabhaudhi, 2024. "Why Do Farmers Not Irrigate All the Areas Equipped for Irrigation? Lessons from Southern Africa," Agriculture, MDPI, vol. 14(8), pages 1-17, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:16:y:2024:i:15:p:6668-:d:1449684. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.