Tim Norris estimates that an RTK auto-steer system costs $18,000-$25,000. With this system, there are 3% fewer acres to plant, which translates to 3% less seed, labor and fertilizer used. For a system that costs $18,000, it would take 3,333 acres to see ROI, while a $25,000 system would take 4,629 acres to see ROI.

Hon Hai Technology Group today announced the signing of a contract manufacturing agreement with Zimeno Inc. DBA Monarch Tractor to build next-generation agricultural equipment and battery packs at the Foxconn Ohio facility.

In this episode of the Precision Farming Dealer podcast, brought to you by Farmers Edge, Tim Norris, CEO of Ag Info Tech, shares 10 mistakes he’s made and overcome in building his business, as well as how the experiences have strengthened managerial and performance strategies within the dealership.

Trends, technology and tradition in agriculture will be on everyone's minds at the 2015 Ohio AgriBusiness Association Industry Conference Feb. 4-5, with sessions highlighting current topics, cutting-edge technology, and annual updates from state agencies and associations at the third annual event.