For years, farmers have asked, “Who owns my ag data after I share it with an ag tech company?” This has not been an easy question to answer as a lawyer.

Farmers are given many reasons to collect ag data about their farming practices, but using that data in court is rarely one of them. However, at a recent trial about crop damage, we proved just how useful ag data can be to help a court understand complex multi-year, multi-field farming operations.

To explore their passion for agriculture, Kyle Schmit and two of his high school classmates founded Precision Point LLC, a precision farming product and services retailer in 2014 in Osmond, Neb. Collaborating with Farmers Business Network (FBN) this past March has taken their mission to help farmers do more with less and maximize precision practices on their operation to the next level.