AGCO | Jotup

Precision Agriculture Market to be Worth $27.81 Billion by 2031 - Exclusive Report by Meticulous Research®

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星期三, 五月 8, 2024

In 2024, the hardware segment is expected to account for the largest share of 74% of the precision agriculture market.

Key Points:

In 2024, the hardware segment is expected to account for the largest share of 74% of the precision agriculture market.
In 2024, the guidance technology segment is expected to account for the largest share of the global precision agriculture market.
Moreover, Asia-Pacific precision agriculture market is also expected to record the highest CAGR during the forecast period to reach USD 10.4 billion by 2031.
Such technological advancements in the region are expected to support the precision agriculture market growth in Latin America.

Precision Agriculture Market to be Worth $27.81 Billion by 2031 - Exclusive Report by Meticulous Research®

Retrieved on:

星期三, 五月 8, 2024

In 2024, the hardware segment is expected to account for the largest share of 74% of the precision agriculture market.

Key Points:

In 2024, the hardware segment is expected to account for the largest share of 74% of the precision agriculture market.
In 2024, the guidance technology segment is expected to account for the largest share of the global precision agriculture market.
Moreover, Asia-Pacific precision agriculture market is also expected to record the highest CAGR during the forecast period to reach USD 10.4 billion by 2031.
Such technological advancements in the region are expected to support the precision agriculture market growth in Latin America.

AGCO Agriculture Foundation Partners with The Do More Agriculture Foundation to Support Farmer Mental Health

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星期三, 五月 8, 2024

AGCO, Agriculture, Hunger, Partnership, Farmer, QR, Mental health, Nursing

DULUTH, Ga., May 8, 2024 /PRNewswire/ -- The AGCO Agriculture Foundation (the "Foundation"), a private foundation with the vision to prevent and relieve hunger through sustainable agriculture development, announced a new partnership with The Do More Agriculture Foundation.

Key Points:

DULUTH, Ga., May 8, 2024 /PRNewswire/ -- The AGCO Agriculture Foundation (the "Foundation"), a private foundation with the vision to prevent and relieve hunger through sustainable agriculture development, announced a new partnership with The Do More Agriculture Foundation.
The partnership will also lead to the creation of co-branded mental health support stickers equipped with QR codes to link farmers to instant local mental health resources.
"The AGCO Agriculture Foundation's commitment to supporting mental health initiatives aligns perfectly with our mission, enabling us to expand our reach and provide critical resources to even more farmers in need of mental health support."
This follows AGCO's recent announcement of the Foundation's partnership with Rural Aid to support farmers' mental health and well-being across Australia.

Global $9.5+ Bn Farming as a Service Market Analysis and Forecasts, 2023-2024 & 2029: Gaining Popularity of IoT, Integration of AI and ML, Enhanced 5G Connectivity, Growing Agritech Startups - ResearchAndMarkets.com

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星期五, 五月 3, 2024

The global farming as a service market value in 2023 stood at US$4.03 billion, and is likely to reach US$9.57 billion by 2029.

Key Points:

The global farming as a service market value in 2023 stood at US$4.03 billion, and is likely to reach US$9.57 billion by 2029.
The global farming as a service market value is projected to grow at a CAGR of 15.53%, during the forecast period of 2024-2029.
One of the key drivers behind the adoption of farming as a service is increasing food consumption and a growing global population.
In this context, the farming as a service market plays a crucial role in supporting farmers to meet the escalating demand for food.

AGCO Celebrates Grand Opening of The Fendt Lodge™ in Jackson, Minnesota

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星期五, 五月 3, 2024

AGCO, Lunch, Farmer, Lodge, Student, Coffee, Growth

DULUTH, Ga., May 3, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced the grand opening of The Fendt Lodge™ in Jackson, Minnesota, May 1, 2024. The 16,000-square-foot world-class 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 open for public visits beginning May 2, 2024.

Key Points:

DULUTH, Ga., May 3, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announced the grand opening of The Fendt Lodge ™ in Jackson, Minnesota, May 1, 2024.
The 16,000-square-foot world-class 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's grand opening was celebrated over two days, including an insider's preview on April 30 that highlighted longtime Fendt farmer-customers, dealers and AGCO employees.

Trimble Announces First Quarter 2024 Results

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星期五, 五月 3, 2024

Trimble Inc., AGCO, ID, Internet, GAAP, TRMB, EPS

For the full-year 2024, Trimble expects to report revenue between $3,570 million and $3,670 million and non-GAAP EPS of $2.60 to $2.80.

Key Points:

For the full-year 2024, Trimble expects to report revenue between $3,570 million and $3,670 million and non-GAAP EPS of $2.60 to $2.80.
For the second quarter of 2024, Trimble expects to report revenue between $845 million and $875 million and non-GAAP EPS of $0.56 to $0.60.
The second quarter of 2024 non-GAAP EPS assumes a tax rate of 17.3 percent and approximately 247 million average shares outstanding.
Full-year 2024 and second quarter of 2024 guidance both reflect the closing of the joint venture with AGCO which closed at the beginning of the second quarter of 2024.

AGCO to Present at the 2024 Oppenheimer Industrials Growth Conference

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星期三, 五月 1, 2024

AGCO, Senior, Conference

DULUTH, Ga., May 1, 2024 /PRNewswire/ -- AGCO Corporation, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 Oppenheimer Industrial Growth Conference on Monday, May 6, 2024.

Key Points:

DULUTH, Ga., May 1, 2024 /PRNewswire/ -- AGCO Corporation, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 Oppenheimer Industrial Growth Conference on Monday, May 6, 2024.
The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 10:30 a.m. Eastern Time.
Investors may listen to a live webcast of the presentation by accessing the "Events" section of the company's Investor Relations website at https://investors.agcocorp.com/events-and-presentations/upcoming-events .
The webcast will also be archived immediately afterwards for 12 months.

Apex.AI Is Youngest Company to Win 2024 Automotive News PACE Award

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星期三, 五月 1, 2024

DETROIT and PALO ALTO, Calif., May 1, 2024 /PRNewswire/ -- Apex.AI became the youngest company to win an Automotive News PACE Award in the 29-year history of this prestigious industry honor.

Key Points:

DETROIT and PALO ALTO, Calif., May 1, 2024 /PRNewswire/ -- Apex.AI became the youngest company to win an Automotive News PACE Award in the 29-year history of this prestigious industry honor.
* Apex.AI was named a PACE Award winner at an event in Detroit for its superior innovation, technological advancement, and business performance.
"At only six years old, we believe Apex.AI is the youngest company — excluding spinoffs and joint ventures — to ever win a PACE award," said Jamie Butters, executive editor of Automotive News.
The Automotive News PACE Award is accepted around the world as the industry benchmark for innovation.

AGCO Requires Ontario Gaming Operators to Stop Offering WBA Bets Due to Integrity Concerns

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星期四, 四月 18, 2024

AGCO, Alcohol, Internet, Risk, World Boxing Association, Boxing, UFC, WBA

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) is requiring all Ontario-registered sportsbook operators to stop offering and accepting wagers on World Boxing Association (WBA) events, effective immediately.

Key Points:

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- The Alcohol and Gaming Commission of Ontario (AGCO) is requiring all Ontario-registered sportsbook operators to stop offering and accepting wagers on World Boxing Association (WBA) events, effective immediately.
Following an intensive review that included outreach to the WBA, Ontario-registered gaming operators, independent integrity monitors, and regulators in other jurisdictions, the AGCO has concluded that bets related to WBA events do not currently meet the Registrar’s Standards for Internet Gaming.
The AGCO requires all Ontario-registered gaming operators to ensure the sport betting products they offer are on events that are effectively supervised by a sport governing body.
In December 2022, the AGCO required gaming operators to stop offering bets on UFC events for similar issues related to insider betting safeguards.

AGCO Showcases Precision Ag Innovation at AEM's Celebration of Modern Ag on the National Mall in Washington, DC

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星期二, 四月 30, 2024

Momentum, AGCO, AGCO Power, Mall, Washington Monument, Food, The Future of Food, Fendt, Farmer, AG, Soil, AEM, National Mall, Precision, Government, Agriculture

"Ag on the Mall is an ideal chance for policymakers and manufacturers to help farmers feed the world."

Key Points:

"Ag on the Mall is an ideal chance for policymakers and manufacturers to help farmers feed the world."
The display includes the Fendt Momentum® planter, Massey Ferguson's new 500R sprayer, the fuel-flexible AGCO Power™ CORE75 engine, and Precision Planting's Radicle Agronomics™ soil testing lab.
Bill Hurley, AGCO Vice President of Government Affairs and AEM Ag Chair, sees the event as a crucial educational opportunity for all participants.
AGCO's booth will be located on the National Mall at Ninth Street NW, between the Washington Monument and the U.S. Capitol.