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Kubota to Acquire AgJunction in All Cash Deal

AgJunction Inc., a global provider of advanced guidance, autosteering, and autonomy solutions for precision agriculture applications, today announced that it has entered into a definitive arrangement agreement to be acquired by Kubota Corporation in an all-cash transaction with a total equity value, on a fully diluted basis, of approximately CAD $91 million (USD $72.8 million).
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Danforth Center Wins $1.5M Grant for AgTech & Applied Location Science & Technology Project

The Donald Danforth Plant Science Center has won a $1.5 million competitive Build to Scale grant from the U.S. Department of Commerce Economic Development Administration (EDA) to support the Center for AgTech and Applied Location Science and Technology (CATALST). The project aims to capitalize on the demand for new precision agriculture technologies by tapping into the St. Louis region’s expertise in agtech and location science to fuel innovation and entrepreneurship and advance commercialization.


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

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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