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.

Trimble reported its second quarter 2021 annualized recurring revenue (ARR) was $1.35 billion, up 11% year over year.

Precision Planting, LLC a subsidiary of AGCO Corporation (NYSE: AGCO), a provider of precision ag technologies to help make farmers smarter every season, announced an agreement to acquire the business and assets of Headsight, Inc. (Headsight), a precision agriculture harvesting solution company.

USDA has reported some 91% of corn crops silking, in line with the 91% reported silking in the same week last year. The 5-year average for corn silking in the week was 86%.