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Precision Agriculture Conference kicks off February 25

Financing, commodities and seeds among topics to be explored

By Diego Flammini, Farms.com

As new technology is introduced into any marketplace, the industry it’s meant for and society must adapt.

Imagine the excitement when the invention of the wheel took place allowing people and goods to be moved faster than on foot.

Or in 1450 when German inventor Johannes Gutenberg invented the movable printing press, literature became more readily available as opposed to when scribes would write out the books manually.

When Thomas Edison produced the first commercial-grade incandescent light around 1879, it allowed people to work for longer periods of time and not rely solely on the sun.

Agriculture is not immune to technological advances, either. Imagine the delight when the transition was made from horses to tractors, allowing for work to be done in the fields longer and faster.

On February 25 and 26 at the Best Western Lamplighter in London, Ontario, Farms.com will celebrate technology and precision agriculture at the 2nd annual Precision Agriculture Conference.

The theme for the conference is “Practical Pathways to Drive Real Results” and will feature industry experts, how-to sessions and farmers using precision ag practices who have seen positive results.

“The Precision Agriculture Conference is going to be bigger and better this year,” said Farms.com Executive Vice President Joe Dales. “We have a very strong roster of expert speakers and the leading companies exhibiting so the farmers and agronomists will be able to interact and ask questions of the very best from across North America.”   

Visitors will be able to visit vendor booths, network with new contacts and listen to an array of speakers including Steve Denys, Vice President at Pride Seeds, Barry Raymer, owner of Practical Precision and Lisa Prassack, an agri-food innovation expert and data strategy consultant.


Precision Agriculture Conference


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Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.