Bayer Cropscience and John Deere to develop digital tools for farming Bayer (BAYRY) CropScience and John Deere (DE) are working together to integrate data access, wireless data transmission, and delivery of prescription recommendations to help farmers. Beginning in 2014, Bayer CropScience will initiate R&D-based field pilots designed to use agronomic data to prescribe Bayer CropScience products to maximize yield potential and overall profitability on each acre.
Deere urges ratification of Trans-Pacific Partnership Deere & Company urged the U.S. Congress to ratify the Trans-Pacific Partnership, saying the trade agreement signed by 12 countries today is a much-needed step to boost the global economy. Samuel Allen, Deere & Company chairman and CEO said the global marketplace is important to Deere's employees as nearly 40% of the company's revenues already come from sales outside the U.S. and Canada. Exports at Deere's larger agricultural and construction equipment factories in Iowa and Illinois account for between one-third and one-fourth of all units manufactured at those facilities. Deere serves customers in the TPP participating countries and has facilities in seven of them. The agreement is expected to boost trade flows among all participants and strengthen global food security by improving efficiency in meeting food and feed needs as well as improving infrastructure across the Asia-Pacific region.