In today's newscast we discuss big changes in CNH Industrial’s leadership, dealer consolidation and changes to Ag Equipment Intelligence’s Big Dealer Report, the Bayer-Monsanto merger and what it means for the ag industry and updates to the 2018 Farm Bill.
One of the more interesting elements of John Deere’s planned acquisition of Precision Planting from parent company Monsanto, involved the data collection capabilities provided by the hardware. The cancellation of the deal included a digital collaboration agreement between Deere and the Climate Corp., which would have allowed for sharing of agronomic data between Deere’s Operations Center and Climate’s FieldView platform.
A survey of no-till farmers by Ag Equipment Intelligence's sister publication, No-Till Farmer, revealed that a large majority of this group of growers want the data gathered from their field operations to remain confidential.
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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.