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AGCO Opens Acceleration Center at University of Illinois at Urbana-Champaign

 
The University of Illinois and AGCO announced today the opening of the AGCO Acceleration Center at University of Illinois Research Park. The Acceleration Center will advance technology innovation for AGCO’s grain, seed processing, swine and poultry production equipment brands, which include GSI, Cimbria, AP and Cumberland. At the Center, University of Illinois undergraduate and graduate students will be employed year-round to further the company’s capabilities in areas such as data science, web and mobile development, and machine learning.
 
The Center will focus on developing new-to-market solutions and advanced technologies to help farmers protect their harvest and their animals to feed a growing world population.
 
“With the global population projected to reach 9.8 billion by 2050, the world’s future depends on food security. Ensuring we have sufficient food to meet the demand of a growing population while addressing resource and environmental limitations are a global challenge that we are committed to solving,” said Tom Welke, Senior Vice President, Global Grain & Protein, GSI.
 
“A global industry leader such as AGCO represents a significant addition to the blooming Ag Tech sector in the Research Park,” said University of Illinois at Urbana-Champaign Chancellor Robert J. Jones. “This is a place that knows more about innovation and invention than any other, and does so at massive scale. AGCO’s interdisciplinary approach to innovation and finding solutions to feed the world aligns very closely with the university’s goals for its next 150 years.”
 
The Center opens with seven highly-skilled student interns and two full-time employees working to advance the use of mixed reality technology in the agriculture industry and bring next generation monitoring and management tools to market for grain and livestock producers.
 
“Not only will the Acceleration Center explore new ways to help farmers build smarter, stronger farms, but it also provides students with a valuable growth opportunity to work on real-life projects with a global agriculture company,” said Lena Swearingen-Head, AGCO Acceleration Center site director. AGCO will continue to recruit University talent and full-time staff as additional projects come to fruition.
 
The Acceleration Center extends AGCO’s presence in Central Illinois, where the global headquarters for its grain, swine and poultry divisions are also located.
 
Source : AGCO

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!