GFM Network News


Agco to buy GrainViz system’s Winnipeg developer

System due out in limited release this fall

U.S. farm machinery firm Agco has set up a deal to buy its Winnipeg partner in the development of the GSI GrainViz grain monitoring system. Georgia-based Agco announced Friday it now has an agreement to acquire 151 Research, with which it had signed an “exclusive technology partnership” back in December 2018 to develop the GrainViz […] Read more

Fendt takes (out) the wheel on new combines

Agco says it's first of majors to offer joystick steering

Agco has officially declared itself to be the first major farm equipment player to put joystick steering in a combine. The ag equipment manufacturer unveiled IdealDrive on Thursday during the Commodity Classic in San Antonio, billing the new steering system for its Fendt Ideal combines as “the first joystick steering system on a combine from […] Read more


Michelin to buy ag track maker Camso

The Michelin Man is set to take on much more field work with a US$1.45 billion deal for Quebec off-the-road track and tire manufacturer Camso. The deal, pending regulatory approval, calls for France’s Michelin to combine its off-the-road (OTR) business with Camso in a new division. “By joining forces with Camso, Michelin will create the […] Read more







AGCO to acquire Precision Planting from The Climate Corporation

Equipment manufacturer AGCO has made a deal with The Climate Corporation to acquire the Precision Planting LLC equipment business. “Precision Planting is a strong business that plays an essential role in the growth and adoption of innovative precision ag practices that help farmers enhance their productivity,” said Mike Stern, chief executive officer for The Climate […] Read more


Robot milker firm Lely to shed forage equipment business

Dutch dairy equipment manufacturer Lely, best known in the Canadian market for its robotic milking systems, plans to focus on that business and sell its forage equipment lines to Agco. The two companies announced Monday they have an agreement in principle for Lely to sell its forage division, including two German manufacturing plants, to U.S.-based […] Read more

Deere challenges U.S. federal block on Precision Planting bid

Reuters — Deere and Co. said its proposal to buy Precision Planting, an agricultural equipment and technology company, will increase consumer choice and directly benefit growers, in a response filed on Wednesday to the U.S. Department of Justice’s lawsuit to block the acquisition. Deere announced its planned acquisition of Precision Planting in November 2015, for […] Read more