Risk Assessment and Examination of Economic Aspects of Precision Weed Management

The aim of this research is to investigate plant production sustainability, the economical requirements, risks, and identify threshold levels to switching on, or off precision weed management techniques in Hungarian growing and sales conditions; taking into consideration that the implementation of precision technology can be justified also by its role in the reduction of environmental load, which would create a harmony between individual usefulness and social utility. A simulation model has been developed to investigate the return of extra investments, along with the risk of this return in relation to the soil type, weed coverage, and the sales price.