Patent ID: 8195541
Filing Date: 2012-06-05
Classification: G06Q

Abstract:
1. A method comprising: (A) entering into a contract with a party for the sale of an agricultural product; (B) storing terms of the contract in a computer memory; (C) mapping areas of a field which have been treated with the agricultural product and areas of the field which have not been treated with the agricultural product to produce a treatment map; (D) storing the treatment map in a computer-readable database; (E) measuring an amount of crop harvested from the field in both the treated areas and the untreated areas to produce yield data; (F) storing the yield data in a computer readable database; (G) using a computer processor to compare the amount of crop harvested in the treated areas with the amount of crop harvested in the untreated areas; (H) if the comparison indicates a yield increase associated with the treated areas then, after (G), charging the party for the agricultural product in an amount based on the yield increase associated with the treated areas; and (I) if the comparison does not indicate a yield increase associated with the treated areas, then not charging the party in any amount for the agricultural product, whereby the party does not make any payment for the agricultural product unless the comparison indicates a yield increase associated with the treated areas.