More farmers committed to precision technology

Budapest Bank's latest Agricultural Economics Index shows that farmers are committed to precision technology, with half of those surveyed already using state-of-the-art tools, according to agroinform.hu.

Some 12% of company managers have already stated that, although they have not yet done so, they are investing in improvements, five percentage points higher than last year.

Progress on smaller farms has been spectacular. Some three-quarters do not currently use state-of-the-art technology, but 35% said they would invest in it as soon as possible.

They have little alternative, as increasing competitiveness and production security, as well as combating increasingly extreme environmental effects, are now almost impossible without the use of precision instruments, the report notes.

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