The Latest expansion of the GPS technology over the areas of the grain farm of Victoria have been reported as economically beneficial. According to the current news, the coverage of the Victorian grain farms with the global positioning system technology are likely to bring in about $500 million of economic benefits over the next 20 years.

This interesting prediction has been concluded by the Landmark magazine in their most current issue, which is a Victorian publication that concerns mainly of the State’s information industry.

GPS technology enables the farmers to put into practice the controlled traffic farming, which is a form of precision cultivation. This is accomplished by using the network of 24 satellites that circle above the earth by the farmers which assists them during ploughing, seeding and harvesting. All these predictions are made by the GPS technology with an astounding accuracy.

The receivers located on the ground uses the data from the satellites and transfer them into information for the farmers via a GPS receiver that is fitted to the tractor or harvester.

From: theage