SOARING INPUT COSTS ARE ACCELERATING AG TECH ADOPTION, MCKINSEY SURVEY FINDS

2022-09-26 22:27:19

Sky-high costs for fertilizer, crop protection products, and labor are increasing the number of U.S. farmers turning to ag tech tools and products, according to a new survey from McKinsey & Company. The research surveyed 1,300 U.S. crop farmers, 80% of whom cite input costs as the biggest risk to profitability.

Resource :

https://www.agriculture.com/news/business/soaring-input-costs-are-accelerating-ag-tech-adoption-mckinsey-survey-finds