Economic efficiency of off-line differentiated application of mineral fertilizers using management zones

Abstract

The article considers the issues of improving the methodology of on-farm land management and the economic efficiency assessment of the off-line differentiated application of mineral fertilizers using management zones when implementing the pre- cision farming system was carried out using the example of the Republican Unitary Enterprise “Educational and Experimental Farm of BSAA”. The volume of investments during the implementation of the investment project for the introduction of differential fertilizer application will be from 30804.68 BYN up to 33373.50 BYN depending on the cost of purchased equipment, while the payback period of investments will be 3.2 years, the internal rate of return is 9.8%, and the modified internal rate of return is 9.9%.