Financial and Managerial Benefits of RFID for the Farmer

RFID utilizing has increased profitability for the farmer, and assistance with managerial procedures on the farm. Although animal electronic identification of farms being more expensive than traditional forms of identification, it allows for a faster payback on investment through exploiting a wider range of possible applications.
RFID Identification can be utilized to facilitate control activities on farms, including “… follow-up of premiums, milk-record control, tracing back of transit and disease prevention, progeny testing and herd-book administration, electronic feeding stations, automatic gating in group housing facilities, accountability to markets and slaughterhouses, animal health control, public health control, animal welfare surveillance, prevention of fraud, tracing back of stolen stock, facilitating trade, central database facilities”.
In the modern farm environment, farming needs to manage more animals to be cost-effective. Consumers also have an impact on what farm management should be, and subsequently, management processes become increasingly difficult for the farmer. RFID can strongly aid a farmer in their managerial efforts, while also deriving financial benefits from exploiting an increased range of possible applications.