AGCO reported net sales for the first quarter were approximately $2.4 billion, an increase of approximately 23.4% compared to the first quarter of 2020.
With significant capacity for machine production and 5 acres for testing, this new facility is positioned to be the central campus for precision and autonomous agriculture innovation, training and service for Raven Canada.
According to a report from Bloomberg, Deere has plans to expand its presence in Australia and New Zealand, including an increased focus on precision agriculture.
Raven Industries has announced two advancements for its market-leading VSN Visual Guidance System, building upon the Company’s bold investment in Raven Autonomy. The latest advancements in VSN — full canopy guidance and automatic row turnaround — allow operators to cover more acres with less worry.
According to a recent report from the Assn. of Equipment Manufacturers (AEM), as more of that data continues to be produced in what has become an increasingly interconnected world, both OEMs and their customers are being forced to answer a difficult question: Just who owns the data, and how should it be used?
According to a June update from the American Broadband Initiative, the past year has seen several steps taken to promote rural broadband access in the U.S. However, there is much left to be done until rural America has reliable, consistent access to broadband technology.
A threat to the Global Position System (GPS) has reemerged, and AEM is joining together with several other groups to lead the effort to defeat it again.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.