GFM Network News


Two Raven OMNiPower (formerly DOT) machines at work in the field. (RavenPrecision.com)

CNH to buy Raven Industries

Heavy equipment maker to pay US$2.1 billion for precision ag firm

The parent company behind Case IH, New Holland, Flexi-Coil and Steyr farm equipment is set to absorb a significant U.S. supplier of precision ag tech to its product lines and others. CNH Industrial on Monday announced a friendly all-cash agreement to buy up all shares in Sioux Falls, South Dakota-based Raven Industries for about US$2.1 […] Read more



A drone hovers over crops near Laval, Que. in 2015. (Onfokus/iStock/Getty Images)

Drone data firm invests in precision ag analytics

Southwestern Ontario crop input retailer and grain handler South West Ag Partners has made a deal to sell its precision agriculture analytics business to an expansion-minded drone data provider. Toronto-based Deveron UAS announced Aug. 28 it will trade a 9.9 per cent share of its business plus $320,000 cash for South West Ag’s Veritas Farm […] Read more