Profitability Assessment of Precision Agriculture Applications-A Step Forward in Farm Management

Profitability is not given the necessary attention in contemporary precision agriculture. In this work, a new tool, namely ProFit, is developed within a pre-existing farm management system, namely ifarma, to assess the profitability of precision agriculture applications in extended crops, as most of the current solutions available on the market respond inadequately to this need. ProFit offers an easy-to-use interface to enter financial records, while it uses the dynamic map view environment of ifarma to display the profitability maps. Worked examples reveal that profitability maps end up being quite different from yield maps in site-specific applications. The module is regulated at a 5 m spatial resolution, thus allowing scaling up of original and processed data on a zone-, field-, cultivar-, and farm-scale. A bottom-up approach, taking advantage of the full functionality of ifarma, together with a flexible architecture allowing future interventions and improvements, renders ProFit an innovative commercial tool.