Deere Buys Precision Planting Equipment Business from Monsanto's Climate Corp

Deere & Company is making another investment in precision planting technology.

On the heels of announcing the acquisition of European planter manufacturer Monosem, Deere has signed a deal with Monsanto-subsidiary The Climate Corporation to buy its Precision Planting LLC equipment business and offer near real-time wireless connectivity with Climate Corp’s proprietary Climate FieldView platform.

JD exactemerge planter“To maximize the value of digital agriculture, farmers need solutions for simple and seamless collection of in-field agronomic data,” said Mike Stern, president and chief operating officer for The Climate Corporation.

The Climate FieldView software combines weather monitoring, agronomic modeling, and high-resolution weather simulations for agronomic applications.

“As a result of these milestone agreements, farmers will experience the fastest, most frequent and highest resolution third-party connectivity between John Deere’s equipment and the Climate FieldView platform,” said Stern.

The acquisition of Precision Planting will extend retrofit options — planter discs, sensors, etc — to more products and new geographies, said John May, Deere’s president, agricultural solutions and chief information officer.

According to a joint news release, the companies said customers will have the option to share their current and historical agronomic data between the John Deere Operations Center and the Climate FieldView platform and create agronomic prescriptions with John Deere equipment.

The deal is still subject to regulatory approval.

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