RBA Governor shows true grit to keep rates on hold at a base rate of 4.35%
At this time in 2023 with the distraction of the general public watching the running of the 163rd Melbourne Cup the Reserve Bank of Australia Board (RBA) took a swipe at lingering inflation by raising the base cash rate by 0.25% to a 12 year high of 4.35%. It was the first meeting of the […]
Greeneye Technology to commence paddock trial program with Croplands
US firm Greeneye Technology is pioneering AI-enabled precision spraying in the US and through a venture with Croplands is about to introduce the benefits here Greeneye Technology is a US based pioneer of AI-enabled precision spraying technology that is claimed to reduce non-residual herbicide use in farming by an average of 87%. The company has […]
AGCO posts damning third Quarter 2024 results with sales down 24.8%
AGCO is an undisputed global leader in agricultural equipment and precision ag technology but has no answer to the current downward trend AGCO is following the downward trend common in the agriculture manufacturing industry at present, reporting worldwide net sales of US$2.6 billion for the third quarter of 2024, a decrease of 24.8% compared to […]