USDA Releases Report on Rural Broadband and Benefits of Next Generation Precision Agriculture

EXCERPT: “Agriculture Secretary Sonny Perdue today unveiled a groundbreaking report, A Case for Rural Broadband: Insights on Rural Broadband Infrastructure and Next Generation Precision Agriculture Technologies. The report finds that deployment of both broadband e-Connectivity and Next Generation Precision Agriculture Technology on farms and ranches throughout the U.S. could result in at least $47 billion in national economic benefits every year . . . The report also finds that if broadband infrastructure and digital technologies at scale were available at a level that meets estimated producer demand, the U.S. economy could realize benefits equivalent to nearly 18 percent of total agriculture production. Of that 18 percent, more than one-third is dependent on broadband e-Connectivity, equivalent to at least $18 billion in annual economic benefits that only high-speed, reliable internet can provide.” FULLSTORY: http://bit.ly/2ZQdwKD REPORT: http://bit.ly/2ZNnNr3