The growth of agtech is leading to a longer-term gains for farm owners in terms of land value appreciation. Technologies that boost the productivity on an acre of land increase its profitability, which in turn makes that land more valuable. But there are also risks associated with using these technologies.
The growth of agtech is leading to a longer-term gains for farm owners in terms of land value appreciation. Technologies that boost the productivity on an acre of land increase its profitability, which in turn makes that land more valuable. Agricultural real estate is usually the most valuable asset a farmer owns, and often passes from one generation to the next, while the value of that land impacts their ability to borrow money during seasonal shortfalls.