John Deere has acquired Harvest Profit, a leading provider of software for farmers to track costs and profits in their operations.
Harvest Profit is already integrated into the John Deere Operations Center data management software suite but the acquisition is designed to ensure current and prospective John Deere customers will have continued access to the software.
“Harvest Profit software helps farmers forecast and measure profitability on a paddock-by-paddock basis,” said Lane Arthur, Vice President, Data, Application, and Analytics at John Deere.
Harvest Profit will retain its brand name. Financial terms of the agreement are not being made public.