Farmers have always been open to sharing ideas in the hope of learning something from someone else that might help them make better decisions in their own operation. Until recently, that sharing of ideas and data took place mostly at the local coffee shop.

Today, farmers can compare their operations to thousands of others across the country through an independent, online farmer-to-farmer information source. Launched in 2014, Farmers Business Network (FBN) collects precision agronomic data from millions of acres, analyzes the data and...