The advancement in guidance technology continues to bring new systems and better control of equipment to farmers. Evaluating the economic benefits of guidance and section control systems can be critical to the purchase of new equipment. Not all systems offer the same benefits and savings, nor do they all come at the same cost. Getting set up with this new technology is not cheap and making the correct buying decision could save money and headaches down the road. This spreadsheet offers the user the ability to evaluate the purchase of guidance and section control technology and analyze the benefits for the individual farm. Kevin Dhuyvetter, Terry Kastens, Craig Smith and Dietrich Kastens developed this tool for Kansas State University to evaluate the profitability of adopting this technology and compare different options prior to making this large purchase.
The spreadsheet will evaluate guidance system savings in terms of reduced overlap and the economics of section control as it applies to more efficient use of crop inputs and reduced yields on headlands. The spreadsheet calculates net benefits per acre, years for payback, and return on investment for guidance and section control technology.
We're featuring the spreadsheet as our Farm Futures Spreadsheet of the Month. The 2.5-megabyte spreadsheet should work with Excel 2000, 2002, 2010 or Excel XP. You can download it by clicking on the link below.
Do you have a spreadsheet that's made a difference on your operation that you'd be willing to share with other readers? Drop us a line at [email protected] with a description of the spreadsheet. We'll pay $75 if we feature your farmer-written noncommercial program as our Spreadsheet of the Month.