AGCO and Precision Planting Agree to Bring Precision Planting Technology to White Planters Offering

AGCO-White-Planters-young-corn-08062015

Alignment enables added technologies to meet future grower demands

Duluth, Ga. (Aug. 6, 2015) — AGCO Corporation (NYSE:AGCO) announced its latest investment and development in planting. AGCO entered into an agreement with Precision Planting®, an affiliate and business of The Climate Corporation, that introduces factory integration of select Precision Planting technology to AGCO’s White Planters™ line. New options will soon be available to give customers improved performance and the ability to utilize new and emerging technologies. 

Continuing with AGCO’s Fuse® Technologies approach to open architecture, the agreement also enables farmers to integrate their on-farm data into The Climate Corporation’s digital agriculture platform. This data connection enhances farmers’ ability to seamlessly and easily collect data in one place and gain personalized insights through digital tools to help them make more informed decisions about their operations.

“We work closely with growers, designers and partners to develop what farmers want and need in a planter,” says John Menssen, marketing manager for seeding and tillage at AGCO. “The addition of Precision Planting technology will give farmers new options in today’s planting environment.”

AGCO will be announcing new options and models of its White Planters line in the coming months that will include technologies made available from Precision Planting.

“Our White Planters line is known for achieving great planting accuracy,” asserts Mr. Menssen. “Our focus is to continue to achieve that high level of accuracy while giving farmers expanded access to the latest in top-performing technologies, practices and products.”

“Through this agreement, we’re pleased to provide farmers with two ways to improve operations,” said Mike Stern, president and chief operating officer at The Climate Corporation. “We’re making it easy for farmers to access the latest Precision Planting technology on AGCO planters to enhance planting performance, and we’re enabling them to seamlessly integrate on-farm data into their Climate accounts to help them make more informed decisions about their operations.”   

“This development between AGCO and Precision Planting is one element of AGCO’s global strategy to bring innovative and open solutions to AGCO customers and dealers,” according to Eric Hansotia, AGCO’s senior vice president of Global Crop Cycle, Advanced Technology Solutions and Dealer Tech Support.

Other AGCO strategic alignments include Bayer, DuPont, BASF, Connected Farm and Slingshot.

For more information on White Planters, the industry-leading row-crop planter line from AGCO, visit www.white-planters.com.

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©2015 AGCO Corporation. Fuse is a registered trademark of AGCO. White Planters is a trademark of AGCO. Precision Planting is a registered trademark of Precision Planting, LLC.

About AGCO
AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural equipment. AGCO supports more productive farming through a full line of tractors, combines, hay tools, sprayers, forage equipment, grain storage and protein production systems, seeding and tillage implements, and replacement parts. AGCO products are sold through five core equipment brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, and are distributed globally through a combination of approximately 3,100 independent dealers and distributors in more than 140 countries. Founded in 1990, AGCO is headquartered in Duluth, Georgia, USA. In 2014, AGCO had net sales of $9.7 billion. For more information, visit http://www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

ABOUT THE CLIMATE CORPORATION
The Climate Corporation, a division of Monsanto Company, aims to help farmers around the world improve their farming operations with uniquely powerful software and hardware products. The company's Precision Planting brand is an industry leader in providing innovative equipment solutions for farmers. The proprietary Climate Technology Platform combines hyper-local weather monitoring, agronomic modeling, and high-resolution weather simulations to deliver Climate Basic™ and Climate Pro™, online and mobile SaaS solutions that help farmers improve profitability by making better informed operating decisions. The company's unique technologies help the global agriculture industry to stabilize and improve profits and, ultimately, help feed the world. For more information, please visit www.climate.com or follow the company on Twitter @climatecorp.

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