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(Reuters) -AGCO Corp said on Thursday it would acquire an 85% stake in navigation products maker Trimble's agribusiness for $2.0 billion in cash as the tractor and seeding equipment firm seeks to boost its precision-agriculture portfolio. The race among farm-equipment companies to automate agriculture has accelerated, as drought in key grain-producing countries and the war in Ukraine fuels a global food crisis, with U.S. farmers scrambling to boost crop yields. "This deal significantly enhances AGCO's technology stack with disruptive technologies that cover every aspect of the crop cycle," AGCO Chief Executive Eric Hansotia said.
Because we have seen this coming for many years and little action has been taken by government and industry. we have been trying to do different measures and different crops on our farm to mitigate the problem and we need everybody to do more. ., ., , ., problem and we need everybody to do more. ., .,, ., ., more. you feel it has got to a crisis point more. you feel it has got to a crisis point and more. you feel it has got to a crisis point and this more. you feel it has got to a crisis point and this taken i more. you feel it has got to a | crisis point and this taken this more. you feel it has got to a i crisis point and this taken this to perhaps make people wake up to it. obviously you and the other farmers try to champion sustainable farming in a way that is good for nature, do you think people need to go back to some of these methods to protect the viability of the crop cycle and water supplies? indie viability of the crop cycle and water supplies? viability of the crop c