Precision agriculture technology has been on the market for nearly two decades; and the question remains regarding how and to what extent farmers are making the best use of the technology. Yield monitors, GPS-enabled guidance technology, farm-level mapping and GIS software, on-the-go variable rate applications, and other spatial technologies are being used by thousands of farmers worldwide. The USDA Agricultural Resource Management Survey (ARMS) and the annual CropLife/Purdue University Precision Ag Survey data are used to update U.S. precision agriculture adoption numbers while adoption estimates for the rest of the world are based on reports from an international network of collaborators. In addition to updating the adoption of precision technology, we discuss farmers’ use of precision agricultural services from both a farmers’ willingness-to-pay and service providers’ willingness-to-accept. This presentation is of interest to farmers considering adoption of precision technologies, the agricultural industry supplying products and services, agricultural researchers, and policy makers.