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Agriculture

Agricultural technology company, ThriveAgric, in collaboration with global nonprofit organisation, Heifer International, hosted a breakfast meeting in Abuja, Nigeria, to mark the official launch of the company’s AYuTe (Agriculture, Youth and Technology) Project

Harpe Bioherbicide Solutions, Inc., an agricultural technology company, has executed a joint intellectual property licensing agreement with Corteva Agriscience and the Broad Institute of MIT and Harvard for foundational CRISPR-Cas9 and related gene editing tools to further research and develop Harpe Bioherbicide tolerant crop systems

Trimble on 28 September, announced a definitive agreement to form a joint venture (JV) with AGCO to better serve farmers with factory fit and aftermarket applications in the mixed fleet precision agriculture market


Aligning two leading companies, the JV’s technology is expected to offer customers seamless integration and connectivity across geographies, equipment brands and the crop life cycle. For dealers on the other hand, it is expected to better serve farmers with a broad, complementary, and leading technology portfolio.

Under the terms of the JV, Trimble will contribute its precision agriculture business, excluding certain Global Navigation Satellite System (GNSS) and guidance technologies, while AGCO will contribute its JCA Technologies business, which is a leader in the development of autonomous software for agricultural machines, implement controls and electronic system components.

In aggregate, Trimble expects approximately US$3bn in value from the transaction from pre-tax cash proceeds, Trimbles 15% stake in the joint venture, and the related commercial agreements.

Following completion of the transaction, Trimble will continue to deliver its differentiated technologies at the intersection of the physical and digital worlds across its core businesses.

The transaction is expected to result in significant benefits to Trimble, including simplification of connect and scale strategy; enhancement of financial profile and flexibility; and a de-risking of Trimble’s channel transition in the agriculture market. 

For more information, visit: www.trimble.com and www.AGCOcorp.com

Natures Miracle Holdings Inc., leader in the controlled environment agriculture industry, on 27 September announced its entry into a non-binding memorandum of understanding (MoU) with PowerGrow Inc. to further agricultural revolution with a sustainable ecosystem of food and energy infrastructure


The objective of the MoU is to work cooperatively to develop a nationwide portfolio of clean energy enclosed greenhouses containing indoor grow, processing and packaging spaces and incorporate 10 MW to 40 MW of clean power generation systems

The high-tech, clean energy powered enclosed greenhouse and packaging facilities, are expected to incorporate advanced LED lighting; packaging, washing and cooling facilities; automated watering and fertilising and harvesting systems; control software, sensors and advanced AI-based solutions; and other novel, leading-edge agritech solutions.

"We are excited to work with PowerGrow to make agriculture more sustainable with advance technologies and clean energy," said Tie James Li, founder, chairman and CEO of Natures Miracle.

"By working with Natures Miracle, we are getting closer to living at the nexus of water, waste, energy and food," said Sean Lyle, CEO and co-founder of PowerGrow. "We believed in a shared goal of a world where growers can deliver healthier, locally grown produce in a sustainable manner that optimises land use, limits water consumption and increases crop yields while generating minimal waste." 

To find out more, visit:  www.Nature-Miracle.com and www.powergrowing.com

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