Technology Corner

Editors of Precision Farming Dealer, contribute a regular segment to Ag Equipment Intelligence's On The Record newscast. The Technology Corner explores current events and trending precision ag industry stories. If you have an idea for a story you'd like to see, please email Michaela Paukner at mpaukner@lessitermedia.com

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Kubota to Acquire AgJunction for $72.8M

[Technology Corner] Kubota to Acquire AgJunction for $72.8M

Kubota Corp. plans to acquire AgJunction, a company that develops guidance, autosteer and autonomy technology, for $72.8 million. AgJunction announced the acquisition on Oct. 8. The company plans to hold a special meeting for shareholders in November to seek approval for the acquisition, and the transition would likely close shortly after approval.
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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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