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AGCO Raises Long-Term Financial Targets, Provides 2025 Outlook

December 19, 2024

The company also provided an update on its PTx data platform, which is critical to helping farmers manage operations across the mixed fleet. The first platform offering is expected to be available in 2025.

AGCO Opens Acceleration Center in Arizona

December 12, 2023 | Posted in Ag Equipment Business

AGCO is investing to attract more talent across key product development disciplines to deliver new, value-added precision ag technologies for all farmers, regardless of the equipment brands used in their operation.

AGCO Acquires FarmFacts GmbH's Digital Assets

November 13, 2023 | Posted in Ag Equipment Business, Autonomous Ag Machinery

Tech Stack Addition of FarmFacts Digital Assets and AGCO Ventures Among Next Steps.

Joint Venture to Give AGCO Interest in Trimble Ag Assets, Tech

September 28, 2023 | Posted in Mergers & Acquisitions

The company says the joint venture creates a global mixed-fleet precision ag platform that will be the exclusive provider of Trimble Ag’s technology offering.

[Technology Corner] Linco-Precision Expands Footprint With Purchase of Dairy One's Precision Assets

October 7, 2022

Independent dealer Linco-Precision, based in El Paso, Illinois, has purchased the Precision Farming assets of Dairy One Cooperative, based in Ithaca, New York. Linco-Precision works in 12 Northeastern states and partner with growers and retailers across Illinois, Indiana, Wisconsin, Missouri, Ohio and now New York.

AGCO Makes Big Precision Push in 2021

February 15, 2022 | Posted in Earnings Reports

While AGCO reported on Feb. 8, 2022, that net sales for 2021 were up nearly 22% to $11.1 billion, the manufacturer’s precision ag sales surpassed $0.5 billion — up 34% compared to 2020.

Brazil’s Stara Expands AI, Precision Ag Feature to Sprayers

September 15, 2021 | Posted in Technology

Brazil’s Stara now offers its Syncro technology on its sprayers. Previously, the company only offered the artificial intelligence technology for its planters and spreaders’ portfolio. Syncro integrates the data for the same functioning of different machines, adjusting the use of water and other resources, as well as the distance between the sprayers, planters or spreaders.

Raven Industries Reports Net Sales Down 8.9% in FY21

March 23, 2021 | Posted in Earnings Reports

Consolidated net sales for fiscal 2021 were $348.4 million, down 8.9% vs. fiscal 2020. Net sales growth in Applied Technology was more than offset by declines in both Engineered Films and Aerostar.

CNH Industrial Invests in Autonomous Precision Ag Company

March 23, 2021 | Posted in Ag Equipment Business

CNH Industrial announced it has completed its acquisition of a minority stake in Augmenta, an agricultural technology company, focused on automating farming operations using computer vision and artificial intelligence.

Economic Lessons From Precision Farming in North Dakota

August 20, 2020 | Posted in Technology

Increased production and reduced production risk are some of the many benefits derived from technological advancements. In the 21st century, precision agriculture has become a new frontier for technology adoption.

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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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