USDA's crop progress report for the week ended August 15 reported 22% of corn dented, above the 21% reported dented in the same week last year. The 5-year average for corn dented in this week was 22%.

Brandt Tractor Ltd. will acquire all of the issued and outstanding common shares of Cervus Equipment Corporation for $19.50 per share in cash, valuing Cervus at approximately $302 million on an equity value basis.

The Association of Equipment Manufacturers (AEM) has elected Casey Niemann, President and CEO of West Des Moines, Iowa-based AgriSync, to its Ag Sector Board as its newest member.

USDA's crop progress report for the week ended August 8 reported 8% of corn dented, below the 10% reported dented in the same week last year. The 5-year average for corn dented in this week was 11%.

Trimble announced on Aug. 4 the creation of Trimble Ventures, a venture fund focused on investing in early and growth-stage innovative companies that align with Trimble's mission of transforming work in the agriculture, construction, geospatial and transportation industries.