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AGCO Advances Autonomy & Precision Ag Tech to Boost Farmer Efficiency
ZACKS· 2025-09-30 15:16
AGCO Corporation (AGCO) is set to highlight some of the latest innovation in precision agriculture technology during its sixth annual Tech Day in Markt Indersdorf, Germany. The event centers on AGCO’s “Farmer-First” approach innovations, which emphasizes on solutions that can work seamlessly throughout the crop cycle and can integrate with any farming equipment, irrespective of brand or age. Promising enhanced yields and higher profitability for farmers, and the ability to service any equipment will expand ...
AGCO Tech Day 2025 Spotlights AI, Autonomy and Mixed-Fleet Solutions to Enhance Farmer Profitability
Prnewswire· 2025-09-25 12:13
Core Insights - AGCO Corporation is showcasing innovative precision agriculture technology during its annual Tech Day, emphasizing solutions that enhance farmer profitability and yield across various equipment brands [1][9] - The company aims to achieve $2 billion in precision ag sales by 2029, highlighting its commitment to providing technology that meets the diverse needs of farmers [4][3] Company Overview - AGCO is a global leader in agricultural machinery and precision ag technology, with net sales of approximately $11.7 billion in 2024 [7] - The company operates under several leading brands, including Fendt®, Massey Ferguson®, PTx, and Valtra®, delivering value through a differentiated brand portfolio [7] Technology Highlights - AGCO's precision ag solutions, including PTx Trimble's OutRun autonomous technology, are designed to integrate with mixed-fleet equipment, enhancing efficiency and addressing labor shortages [5][3] - Technologies showcased include advanced automation solutions for harvesting, targeted spraying systems that can reduce chemical usage by up to 70%, and innovations for automated planting that improve seed placement and reduce operator intervention [5][4] Event Details - The Tech Day event will take place from September 30 to October 1, 2025, at Götz Agrardienst farm in Markt Indersdorf, Germany, featuring a presentation on AGCO's strategy and precision ag business [5][2]