Agricultural technologies could potentially increase global crop revenue. Increased demand for food due to population and income growth, and the impacts of climate change on agriculture will send the pressure for increased, healthier and more sustainable agricultural production to feed the planet through the roof. By using technology, farmers can track things as simple as future weather forecasts for potential crop rotations all the way to something more complex such as companies creating sensors that detect moisture in the soil and help farmers create irrigation systems for crops based on moisture and temperature within the soil. Agricultural technology can potentially have the advancements to lower food prices due to increased crop production in foods such as rice, corn, and wheat.
If you take a look at crops on a global spectrum, many countries struggle to maintain fertile soil for their crops due to extreme dry weather and other major problems simply dealing with their region. With agricultural technology, specific combinations could be made due to regional differences allowing for more affordable food especially in malnourished and developing countries. Another influence in technology for agriculture is the supply change. Many years ago the world struggled in the waste of food production. For places such as sub-Saharan Africa, food tends to be wasted before it even makes it there. Through agricultural technology, we can make advancements towards discovering news in which we can make food more sustainable to get it shipped all over the world.
On a more specific level, due to food recalls and horse meat scandals, people want to know what is in their food. By using agricultural technology, we can now improve efficiency, food safety, and product quality. Further, being able to trace and thoroughly define what is in the food supply benefits the farmer in the long run, by allowing opportunities to access credit and markets. Many farmers own multiple acres of land. Especially those who sell for mass profit. Agricultural technology makes checking water points, and monitoring time consumption. This technology allows farmers to access information from their computers to their phones to watch and even alert them if there is an issue. Another major advancement in agricultural technology is the use of drones. Drones are becoming a huge asset to providing beneficial knowledge to agricultural businesses. Drones in particular are able to provide live information that can be used for multiple things at once, such as: crop health, surveying, water points, stock feed monitoring, livestock regulation, and much more.