Benchmarking and indexing are commonly done informally in agriculture. Accuracy and efficiency of informal comparison is limited, can impact farm performance, or lower prices for products.
Goals and Objectives
Improve farm performance by using on farm data to compare across agronomic practices, ecozones, geographical regions, or industries.
Analytics, IoT, cloud, and data management
Use Case Summary
Data gathering from farms is to benchmark and measure change over time or indexed to compare peer to peer. Performance can be shared to optimize operations and improve production and profitability.