Section 179 Encourages Investing in Innovation
At this time of year, North American farmers are taking advantage of the cold weather to move grain, get machinery in top condition, and plan for new equipment purchases.
For the latter, the news last month that Section 179 write-off of asset acquisitions would make permanent an immediate deduction of up to $500,000 (indexed to account for inflation in future years), was major news. The enhanced Section 179 provision makes it much easy to invest in new equipment and software, which can be fully written off for the 2016 tax year.
For farmers and ag service providers that have been dreaming big, it’s a great incentive to consider investing in an Agribotix drone package now as a means to seeing improved results in the field.
Why think about drone-enabled ag intelligence now? Farmers are always hungry for information that can help them make good decisions quickly. Agribotix solutions enable them to use data, not hunches, to do exactly that. The slower winter months provide the time to get acquainted with your drone and explore the capabilities of our FarmLens™ image processing and analytics services. Once the snow is gone, drones can provide a valuable first look at the seedbed, showing where weeds and perennials may require early intervention. Soon after planting, flying the field to assess stand regularity gives growers the chance to respond quickly and reseed or take other action within the narrow window of opportunity.
Our turnkey, drone-enabled solutions a greater, more accurate degree of actionable field intelligence than other methods. What’s more, the fast turnaround time for image processing and analytics means that farmers can act with precision agriculture interventions at critical moments throughout the growing season. We’ll be happy to show you how to take advantage of Section 179 and start increasing yields and improving profits this year.