According to a new research report from the IoT analyst firm Berg Insight, the global market for precision farming solutions is forecasted to grow from € 5.5 billion in 2023 at a compound annual growth rate (CAGR) of 11.6 percent to reach about € 9.5 billion in 2028. New technologies are used to respond to changes in the market.
A...
According to an Italian study, the agricultural machinery market will remain dominated by Europe and North America in the coming years. However, countries like Indonesia, Vietnam, the Philippines, and Thailand are expected to play an increasingly significant role, as they are already seeing growth in imports of specialized machinery.
Population Growth Driving Demand for Agricultural Technologies
At the EIMA exhibition held...
AGCO has invested in the Innova Ag Innovation Fund VI of venture capital firm, Innova Memphis. This fund investment is the first executed by AGCO's recently launched corporate venture capital initiative, AGCO Ventures. The deal aligns with AGCO's approach to support the next generation of farming through advanced solutions that promise a more automated, digitized and sustainable future for...
Canadian John Deere dealers Martin Deerline and Agland will merge operations effective July 31, 2024, subject to necessary approvals and due diligence. Both operations have complementary goals, cultures, and a shared vision for the future. The combined entity will be rebranded “Horizon Ag and Turf”.
Martin Deerline is a family business operating since 1965. It's a 10-location John Deere dealership...
Derek Neilson, Head of Agricultural Segment at CNH, will leave the company later this year to pursue a new entrepreneurial project outside of the sector, after 25 years of dedicated service.
During his career with CNH, Derek has held a range of leadership positions, making major contributions to manufacturing, the former commercial vehicles division, the EMEA region, also serving for...
AGCO has celebrated the opening of The Fendt Lodge in Jackson, MN. The 16,000-square-foot customer experience center is adjacent to AGCO’s Jackson manufacturing facility and serves as the official home for Fendt in North America. It boasts a Fendt history center and will be the site of customer visits, launch events, dealer meetings, and corporate gatherings. The Lodge is...
The tragic incident in which a container ship collided with a support column of the Francis Scott Key Bridge in Baltimore has featured in headlines across the globe, not only for the loss of life but also due to the potential impact on supply chains. Authorities have suspended all traffic through the port area until further notice. According to...
unWired participated at the 2024 World Ag Expo at the International Agri-Center in Tulare.
UnWired has been providing Internet solutions to rural and underserved areas in Central and Northern California for the past 21 years. They also offer business Internet solutions, including backup Internet connections and data centre services, at their colocation facility located in Fresno, CA.
unWired has been around...
Toro announced that Transpira has won the 2023 New Product of the Year Award in the Agriculture Irrigation Category from the Irrigation Association. This award is a testimony to Toro's dedication to promoting innovation and sustainability in the agricultural sector.
Toro Transpira caught the attention of experts and customers alike. Through a collaboration with technology partner Treetoscope Ltd., this technology...
Tractor Zoom, a provider of farm equipment and heavy machinery valuation data, acquired Anvil App Works, a Salesforce OEM partner with CRM solutions built specifically for equipment dealerships of all brands. This strategic move reflects the commitment of both Tractor Zoom and Anvil to deliver exceptional value and support to equipment dealerships.
"The decision to acquire Anvil App Works is...
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