Safeguard Plan Announced for Land, Water and Wildlife; Precision Planting Acquired by Deere
On Tuesday, President Obama announced a plan to safeguard America’s land, water and wildlife by establishing a “no net loss” standard for mitigating impacts on natural resources and encouraging related private investment to deliver better outcomes for the environment. The plan will create a more sustainable future for the energy and agriculture sectors, for example, that provide our nation's food, fuel and fiber. By extending the “no net loss” standard to all natural resources, as our nation’s industries grow and thrive, we must also protect and enhance the natural systems that sustain us.
Deere & Co. and The Climate Corp., a subsidiary of Monsanto Co., have signed definitive agreements for Deere to acquire the Precision Planting equipment business and to enable exclusive near real-time data connectivity between certain John Deere farm equipment and the Climate FieldView platform. The agreements represent the industry’s first and only near real-time in-cab wireless connection to John Deere equipment by a third party.