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[Technology Corner] Precision Loan Program Could Help Growers, Dealerships Generate More Revenue

By Michaela Paukner posted on October 1, 2021 | Posted in Technology
A new bill introduced in the U.S. Senate would provide loan financing to farmers and ranchers to purchase precision agriculture equipment. 
Sen. Deb Fischer, R-Neb., and Sen. Amy Klobuchar, D-Minn., announced the Precision Agriculture Loan Act on Sept. 15. It’s the first federal loan program dedicated entirely to precision agriculture.
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New Senate Bill Would Provide Loans for Precision Agriculture Equipment

AEM: Loan Program 'Will Give US Farmers Whole New Set of Tools'
September 16, 2021 | Posted in Ag Equipment Business

U.S. Senators Deb Fischer (R-Neb.) and Amy Klobuchar (D-Minn.), members of the Senate Agriculture committee, introduced the Precision Agriculture Loan (PAL) Act on Sept. 15. The bipartisan legislation would create a program within the U.S. Department of Agriculture (USDA) to provide loan financing to farmers and ranchers interested in purchasing precision agriculture equipment.


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AGCO Aims for $2 Billion in Precision Ag Business by 2029

AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market. 

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