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John Deere Introduces New Rate Controller 3 to Enhance Efficiency and Precision in Liquid and NH3 Applications

OLATHE, Kansas  — John Deere (NYSE: DE) announced today the release of a new rate controller, the John Deere Rate Controller 3, an option to control two liquid and/or anhydrous ammonia (NH3) products and up to 16 sections. The new Rate Controller 3 builds upon the strong foundation of precision ag technology components, including the Precision Essentials kit that contains the G5 or G5Plus universal display, StarFire® 7500 receiver and JDLink® M or R modem.

The new John Deere Rate Controller 3 delivers an integrated user experience by featuring a new rate controller app within the John Deere display menu. This app will give farmers a similar experience as operating a self-propelled sprayer with a controller with a built-in base from the factory. With this new experience, farmers can now monitor their planter and rate controller functions on one screen on the display and execute easy adjustments.

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Despite a Super Strong El Nino the early South American soybean planting pace is ahead of schedule.
The long-term forecast looks dry for the North but wet for the South including Argentina.
China bought 1.5 mmt of U.S. soybeans this week with rumors of 2 mmt and now at 68% of 25 mmt commitment.
The question mark remains the Chinese pledge towards the $17 billion in ag purchases.
NOPA weekly crush report was lower than expected. Another hot U.S. wholesale inflation print this week.
Investors rotating out of AI
Weak U.S. pork demand weighing on hogs
+ CFTC.