With Technology, There's No Such Thing As A Bad Farmer Anymore

December 13, 2017 12:30 PM
 
 

For the last 40 years, Jim Bower, president of Bower Trading Inc., has seen a lot of changes in how farmers and the markets use technology. The last five years, he says has seen the biggest difference for traders of all sizes.

While he says he misses the relationship building from the old board of trade, technology allows him to get better feedback.

As for farming, he says hybrid technology has driven the yield increases especially in 2017.

“That’s impacting our prices and probably isn’t going away,” he told AgDay host Clinton Griffiths.

The way younger farmers are utilizing technology on their operations is an important factor Bower can’t ignore.

“If you don’t follow it, you don’t use it, you don’t pay attention to it, you’ll get left behind,” he said.

Watch Bower’s full analysis on AgDay above.

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Comments

 
Spell Check

Southern Iowan
Bloomfield, IA
12/13/2017 04:33 PM
 

  As technology has helped greatly. Extreme changing weather patterns. Mother nature or climate change is negative impacting far beond the increase of technology. Look at the floods an droughts the past 2 years.

 
 
Calvin Hobbs
Holcomb, KS
12/13/2017 08:07 PM
 

  This must be why we have so much over supply. Technology will be the last nail in the farmers casket. Over supply = low prices. www.afairmarketprice.com

 
 
Kenn
Craigville, IN
12/14/2017 06:58 AM
 

  It won't be that many years that farmers will be relegated to museums. Automated farming systems, with robots and drones controlled from centralized command (government) will make "farmers" almost completely unnecessary (they think). Even livestock farms and ranches will have very little need for human analog intervention. Welcome to the not-so-distant-future.

 
 

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