Precision agriculture has the potential to greatly improve yields and reduce costs through optimized variable rate applications based on geospatial data. However, there are several hurdles preventing its widespread adoption. Key hurdles include a lack of high quality, uniform sensor data; proprietary data that is not shared; difficulty synthesizing data from multiple sources; and providing actionable advice to farmers given unpredictable factors and the risk of financial losses from incorrect recommendations. Overcoming these hurdles will require improved sensors, data sharing incentives, advances in deep learning, and advice systems that demonstrate clear economic benefits to farmers.