Drone users are facing the possibility of fines up to $27,500 and even jail time if they have not registered their devices with the federal government.

Raven's Applied Technology division has been named the worldwide exclusive distribution partner for AgEagle Aerial Systems, a provider of unmanned aerial systems (UAS) used in precision farming.

AgFunder reported a record $4.6 billion of investment into the agriculture technologies sector for 2015, almost double the $2.36 billion invested in 2014, and outpacing growth in the broader venture capital market.

Earlier this month, John Deere announced its collaboration with California-based Agrian to deliver the company’s Prescription Creator platform. Starting this spring, the software will allow farmers to import, track and manage seeding and fertilizer prescriptions through Deere’s online Operations Center portal.

FarmLink announced its decision to split the company into two unique businesses, one focused on advanced data analytics and the other equipment sharing solutions.

Iteris and Bayer have entered into an agreement to provide high-resolution atmospheric and land surface information through ClearAg application programming interfaces.

Field Solutions revenue was $79.4 million, down 2% for the quarter, and for the full year Field Solutions revenue was $355.3 million, down 16%.

Farmers are more than twice as likely to be motivated by how high they can get their yields than by lowering their cost of unit of production. That's according to a recent survey Millennium Research completed for the Precision Ag Institute.