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Reduce Risks and Improve Farming Business Profitability with Satellite Imagery

admin by admin
July 24, 2024
in Business
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geospatial technology

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The goal of any farmer is to make his business profitable. Some factors affect a company’s profitability, including crops, production costs, and income. Agricultural production is also associated with many risks and therefore is quite demanding. For this reason, farmers are constantly looking for solutions that will help increase yields, but high income is only part of the profitability. 

Production costs must be kept at a reasonable level. In addition, efforts must be made to sell products at acceptable market prices. Fortunately, today, many effective technological solutions, including geospatial technology, help farmers control costs, increase productivity, and improve sales. You can find out more on eos.com. 

Table of Contents

Toggle
  • Boosting the efficiency of land use 
  • Software-based on satellite data and analytics
  • Managing risks in agriculture 
  • Detection of early signs of crop growth disorders
  • Here’s how satellite technology can be useful for the farming community: 

Boosting the efficiency of land use 

The modern approach to agriculture involves the precise distribution of resources in production. For example, variable rate application techniques, remote sensing, and accurate and hyper-local weather forecasts allow early identification of problems and potential risks. These tools enable farmers to take timely measures to protect the crop and minimize damage. 

Satellite monitoring, geospatial solutions, and crop analysis platforms transform agriculture and empower farmers. They are especially effective for large farms, allowing their owners to save on scouting. However, small producers can also use them, gaining relatively affordable access to technologies that make control more precise and efficient. 

Software-based on satellite data and analytics

Remote sensing platforms offer farmers a wide range of benefits. One of the most obvious is the ability to obtain comprehensive information based on which decisions on-field management are made in the future. Farmers receive data on the state of the vegetation, which is constantly updated, and data on the level of soil moisture. Based on this data, growers make irrigation and fertilizer decisions.

Geospatial data and satellite imagery in the agricultural sector open up many opportunities for farmers and other agribusiness participants. Satellite imagery analytics combined with other useful data is the basis for most precision farming software. One such tool is EOS Crop Monitoring, an all-in-one precision farming platform that leverages advanced and remote field monitoring. 

The platform was created by EOS Data Analytics, a global satellite data analytics provider with years of experience and deep technical expertise. EOS Crop Monitoring provides users with several types of data, including weather and soil moisture data, based on which effective farmland management decisions can be made. With this precision farming tool, farmers can also reduce scouting costs thanks to remote problem area detection and save resources by integrating the VRA approach.

Managing risks in agriculture 

The use of satellite maps also gives access to vegetation indices that analyze the condition of crops. In this way, any disturbances in the growth process can be detected at an early stage. Constant monitoring during the growing season allows timely response to various threats, including pests, diseases, and lack of water and nutrients. Satellite images make it possible to see what is inaccessible to the naked human eye. In particular, this applies to infections that, thanks to the technological component, are visible even before the development of secondary symptoms.

Detection of early signs of crop growth disorders

When crop anomalies are detected, farmers can determine their cause and find ways to correct them. Thus, satellite imagery also saves farmers time. It turns out that farmers can first see the problem areas and then send scouts there if necessary. There is no need to waste time and money on long-term scouting work. Thanks to satellite images, they will be more accurate and efficient.

However, this is not all the valuable information that can be obtained from satellite images. For example, they can also be used to determine the crops ripely. It also applies to risk management, as timely harvesting is essential. So farmers use satellite imagery to ensure their crops are ready for harvest.

Here’s how satellite technology can be useful for the farming community: 

  • Precipitation forecasts for irrigation planning and
  • Evaluation of crops at all stages of growth
  • Accurate resource allocation with vegetative indexes
  • Prevent wilting and water stress in crops by monitoring soil moisture
  • Evaluation of field productivity and yield forecasting
  • Early detection of plant damage by pests, diseases, and weeds
  • Livestock monitoring and search for suitable pastures
Tags: Businessgeospatial technologymore on eos.comvegetation indices
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