The rise of autonomous farms: How technology is revolutionizing agriculture

Jul 4, 2023

Farm automation is the use of robots, sensors, and other technologies to perform tasks that were previously done by hand. Image: Pexels/Quang Nguyen Vinh

Evania Hong

Senior Business Analyst, McKinsey & Company

Julia Kalanik

Engagement Manager, McKinsey & Company

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Agritech

Farm automation technologies can deliver $200 to $800 per acre in vineyards. Image: McKinsey & Company

Fertilizers prices have risen dramatically in past five years

Fertilizer prices have risen dramatically in past five years Image: McKinsey & Company

US farmers are concerned about inflationary pressures and rising costs of inputs. Image: McKinsey & Company

Farmer labor wages have increased at a faster rate than in previous years, increasing economic pressure on farmers Image: McKinsey & Company

Have you read?

Stricter fertilizers, pesticide, and emission regulations are tailwinds for the adoption of farm automation technologies. Image: McKinsey & Company

Consumer-packed-goods companies, retailers, and agriculture companies have made a range of environmental commitments Image: McKinsey & Company

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