2022 was tough for the grain industry. Rising energy costs threatened producers and processors alike. Fortunately, there's a way to short circuit high energy costs. Indiana based Solential energy is focused on helping the ag industry control costs with solar energy, battery storage, and microgrids.
Equally important, we guide you through financing your project, including state and federal tax credits, such as REAP and the inflation reduction act.
Energy powers, life and business. Learn more at www.solential.com. The adoption of technology has been important to production agriculture for decades. Coming up is a conversation I have with two individuals from a leading agricultural university in the United States.
We discuss precision agriculture and its potential payoffs from the producer, value chain, and environmental perspectives.
Hey folks. Welcome to Whole Grain. My name is Jim Lenz, your host and director of training and education at. Where the mission of the Grain Elevator and Processing society is about people and information and knowledge, and the mission of the industry is about feeding and fueling the world. Thanks. Forward listening today and for joining the Network of thousands of other grain handling and processing professionals across the globe, taking strategic steps to grow professionally.
The Whole Grain show will give you the competitive advantage to when it works, so you can make more of an. In today's show, our guests are Michael Boehlje, professor Emeritus, and Michael Langemeier, a professor. Both are in the Department of Agriculture Economics at Purdue University. You may be wondering what falls under the scope of precision agriculture.
What does precision agriculture mean? Our guests define precision agriculture as site-specific crop management attempts to. Measure and respond to inter and intra field variability. The goal of precision agriculture is to enhance yields, reduce costs, and or mitigate environmental risks. And as you can imagine, the impact of precision agriculture technologies can have an impact on the grain supply chain.
What kind of information can be collected? What does adoption of precision agriculture look like? And we'll examine future applications as well. Let's get started.
All right. Today we welcome two professors from the Department of Agricultural and Economics at Purdue University. If you are not aware, Purdue Agriculture is one of the world's. Colleges of agriculture, food life, and natural resource sciences. So it is so great to welcome Mike Boehlje and Dr. Michael Langemeier, welcome and thanks for your participation.
Glad to be here.