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AGCO's PTx Trimble™ Wins Fast Company's World Changing Ideas Award for OutRun™ Autonomous Grain Cart Solution
Prnewswire· 2025-06-11 12:30
Fast Company award is a first for an AGCO brand, as PTx Trimble releases retrofit platform that will eventually provide autonomous capabilities across farming operations. DULUTH, Ga., June 11, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its PTx Trimble™ brand has received Fast Company's World Changing Ideas Award for its innovative OutRun™ autonomous grain cart solution. The award ho ...
Easy Environmental Solutions Begins Manufacturing EasyFEN™ Units for Africa Following Initial Down Payment
Globenewswire· 2025-06-10 14:23
Easy Environmental Solutions Inc. announces that the client sent the initial deposit and agreed to the $3.4 million modular EasyFEN order for Africa. EasyFEN units produce organic Terreplenish liquid microbial fertilizer, transforming waste into a feed that supports over 16 million people in Africa.Terreplenish liquid microbial fertilizer enhances soil health, increases crop yields, and reduces irrigation needs by up to 20%. WELCOME, Minn., June 10, 2025 (GLOBE NEWSWIRE) -- Digital Utilities Ventures, Inc. ...
MustGrow and Phospholutions Sign Canadian Distribution Agreement for Phosphorous Efficiency Product - RhizoSorb(R)
Newsfile· 2025-06-10 11:00
MustGrow and Phospholutions Sign Canadian Distribution Agreement for Phosphorous Efficiency Product - RhizoSorb(R) June 10, 2025 7:00 AM EDT | Source: MustGrow Biologics Corp. Saskatoon, Saskatchewan--(Newsfile Corp. - June 10, 2025) - MustGrow Biologics Corp. (TSXV: MGRO) (OTCQB: MGROF) (FSE: 0C0) (the "Company" or "MustGrow"), a leading provider of biological and regenerative agriculture solutions, is pleased to announce the addition of Phospholutions Inc.'s ("Phospholutions") RhizoSorb® phosphorous effic ...
GrowGeneration Acquires Viagrow, Expands into Big Box Retail and the Home Gardening Market
Globenewswire· 2025-06-09 12:00
Core Insights - GrowGeneration Corp. has announced the acquisition of Viagrow, a domestic supplier of gardening and hydroponic equipment, to enhance its presence in the home gardening and big box retail segments [1][3][5] - Viagrow generates annual revenues of $3 million and offers a range of eco-friendly gardening supplies distributed through major retailers and e-commerce platforms [2][8] - The acquisition aims to diversify revenue streams, enhance GrowGen's proprietary brand portfolio, and strengthen its leadership in the controlled environment agriculture (CEA) industry [3][10] Company Overview - GrowGeneration is the largest specialty retailer of hydroponic and organic gardening products in the United States, offering thousands of products including nutrients, additives, and environmental control systems [6] - The company operates an online superstore and a wholesale business, catering to both cultivators and resellers [6] Strategic Implications - The acquisition is seen as a transformational step for GrowGen, allowing it to expand into the rapidly growing home gardening and big box retail sectors [5] - It supports the company's strategy to drive higher-margin growth through proprietary brands and broadens its customer base across multiple channels [5][10] - The deal is expected to be accretive to gross margin in FY2025, with a goal of achieving 30%+ margins through private-label expansion [10]
3 Farm Equipment Stocks to Watch Amid Industry Challenges
ZACKS· 2025-06-04 15:46
Industry Overview - The Zacks Manufacturing - Farm Equipment industry is currently facing challenges due to weak commodity prices and high costs, but is expected to benefit from sustained demand for agricultural equipment driven by population growth [1][4] - The industry includes manufacturers of various agricultural equipment such as tractors, combines, and irrigation equipment, with Deere, CNH Industrial, and Kubota being the top three global manufacturers [3] Current Trends - The U.S. Department of Agriculture forecasts a 29.5% year-over-year increase in net farm income to $180.1 billion for 2025, following declines in 2023 and 2024 [4] - Despite lower crop receipts and commodity price volatility, demand for agricultural equipment is expected to rise due to increasing global food demand and mechanization needs [5] - The agricultural machinery market in the U.S. is projected to grow from $42.05 billion in 2025 to $57.08 billion in 2030, with a CAGR of 6.3% [5] Technological Advancements - Industry players are investing heavily in technology to automate farming and enhance product offerings, with precision agriculture technology being a key growth driver [2][7] - Companies are focusing on advanced technology and smart farming solutions to meet evolving customer demands [7] Financial Performance - The Zacks Manufacturing - Farm Equipment industry has outperformed the broader market, growing 33.7% over the past 12 months compared to the S&P 500's 13.7% [11] - The industry is currently trading at a forward EV/EBITDA ratio of 53.56X, significantly higher than the S&P 500's 13.48X [14] Company Highlights - **Deere & Company (DE)**: Experiencing solid growth in order levels, focusing on advanced technology, and benefiting from strong demand in construction markets. Shares have gained 15.3% in the past 6 months [18][19] - **AGCO Corporation (AGCO)**: Gaining from improved farm dynamics and increasing replacement demand, with a long-term earnings growth rate of 13.1%. Shares have gained 2.7% in the past 6 months [22][24] - **Lindsay Corporation (LNN)**: Acquired a minority interest in Pessl Instruments to enhance water management innovations, with robust project opportunities in international irrigation markets. Shares have gained 8.2% in the past 6 months [27]
Mondelēz International Expands Sustainable Futures Portfolio Aiming to Accelerate Scalable Climate and Community Initiatives
Globenewswire· 2025-05-29 20:05
Core Viewpoint - Mondelēz International, Inc. is launching a new wave of impact-first investments through its Sustainable Futures Impact Investment platform, focusing on scalable solutions that address climate, community, and circularity, aligning with its sustainability strategy and Vision 2030 ambitions [1][4]. Investment Approach - The company employs a three-pronged investment strategy consisting of direct investments, fund investments, and technical assistance to scale promising solutions that generate measurable impact [2][4]. Direct Investments - New additions to the Sustainable Futures portfolio include investments in regenerative agriculture, inclusive financing, and circular packaging through innovative technology [4]. Fund Investments - Mondelēz International supports impact funds that align with its goal of catalyzing positive change across various geographies [3][4]. Technical Assistance - The company provides capacity-building support to early-stage ventures, helping validate their technologies through larger-scale pilots and scientific approaches [3][4]. Specific Investments - eAgronom is an ag-tech company aiding farmers in improving soil health and reducing carbon emissions, with over 1 million hectares under sustainable practices [5]. - ZIRO is a fintech startup providing affordable inventory financing to small merchants, aiming to reach approximately 100,000 merchants in three years [5]. - Pack2Earth is focused on replacing 60,000 metric tons of plastic packaging with compostable materials by 2028, part of a coalition supporting the Circulate Capital's Ocean Fund [5]. Impact Metrics - In 2024, investments in the Circulate Capital Ocean Fund contributed to circulating or avoiding over 7,600 tonnes of plastic, reducing more than 10,700 tonnes of GHG emissions, and creating over 34,900 tonnes in recycling infrastructure capacity across Southeast Asia and India [5]. Strategic Importance - Sustainability is a key pillar of Mondelēz International's growth strategy, with investments aimed at addressing challenges and creating long-term business resilience [6].
AGRIForce Expands Heat Reuse Infrastructure Across North America, Integrates Automation Through Hiveon Enterprise
Globenewswire· 2025-05-28 13:30
Vancouver, British Columbia and West Palm Beach, FL, May 28, 2025 (GLOBE NEWSWIRE) -- AgriForce Growing Systems Ltd. (“AgriForce” or the “Company”) (NASDAQ: AGRI), a diversified infrastructure and technology company focused on agricultural and energy innovation, today announced the strategic expansion of its heat reuse network across multiple agricultural sites in the United States and Canada. This milestone marks a transformative shift in the Company’s operations, where heat is no longer a byproduct — it i ...
油菜秸秆变废为宝难?山区农户急需破解“最后一公里”难题!
Zhong Guo Huan Jing Bao· 2025-05-23 07:06
完善财政补贴、税收优惠等政策,扩大优惠政策覆盖面。当前秸秆补贴政策主要惠及规模化主体,规模 较小的市场主体、散田农户难以享受政策红利。建议各地结合工作需求,增加补贴额度,扩大补贴政策 覆盖面,引导农户、中小规模市场主体配置秸秆还田离田机具。同时,给予村组一定的补贴分配自主 权,按照作物种植面积、秸秆利用量分配补贴资金,激发广大种植户和养殖户、中小规模秸秆还田和收 储主体的积极性。 加强宣传培训和困难帮扶,建立农机共享、服务上门等便民制度。农村老龄化、劳动力短缺、农田破碎 化、粗放式管理等因素增加了秸秆综合利用的难度。建议强化基层组织建设,完善村组农机设备配置, 实施农机共享。村组可根据农户需求,合理安排农机使用时间,不断提高秸秆粉碎还田机械化作业面 积。对偏远山区的乡镇、村庄给予政策、资金支持,引导土地流转经营主体配置一定比例的散田,推动 散田秸秆综合利用。同时,建立劳动力短缺农户包保机制,通过土地流转经营、委托种植大户或合作社 代管、购买社会化服务、以工代赈、志愿服务等多种方式,开展代种代收代管或上门服务,补齐散田秸 秆综合利用短板。 目前,平原地区凭借机械化优势,通过联合收割机配套秸秆还田设备,可同步完成 ...
AgEagle Enters Strategic Alliance with Vyom Drones to Serve India’s Agricultural Future
Globenewswire· 2025-05-22 12:00
Core Insights - AgEagle Aerial Systems Inc. has formed a strategic alliance with Vyom Drones to enhance agricultural and surveying capabilities in India [1][2][3] - The partnership aims to license Vyom Drones to manufacture and sell AgEagle's eBee X drones, along with providing service and maintenance training [2][3] - India, with over 345 million acres of arable land, presents a significant opportunity for AgEagle to deploy advanced drone technology for precision agriculture [3][5] Company Overview - AgEagle Aerial Systems is a leading provider of unmanned aerial systems (UAS) and sensors, focusing on military, public safety, and commercial applications [1][6] - Founded in 2010, AgEagle specializes in professional-grade fixed-wing drones and aerial data collection solutions, serving various sectors including energy, construction, and agriculture [6] Industry Context - The Indian agriculture drone market is projected to reach USD 631 million by 2030, driven by government support and increasing demand for precision farming [5] - The collaboration between AgEagle and Vyom Drones is positioned to leverage AgEagle's UAS technology and Vyom's local manufacturing capabilities to capitalize on this market growth [5]
PepsiCo Refines Sustainability Goals to Position Business for the Long-Term
Prnewswire· 2025-05-22 12:00
Since launching pep+ in September 2021, PepsiCo has made significant progress on regenerative agriculture and water stewardship and positive strides on sustainable packaging and climate change, while accounting for external realities and business growth. "As circumstances evolve, PepsiCo continually adapts how we source ingredients; make, move, and sell our products; and inspire people through our brands," said PepsiCo Chairman and Chief Executive Officer Ramon Laguarta. "This journey is underpinned by pep+ ...