Question: The industry wants to exploit better so-called big data, which has already allowed it to get better margins with higher prices on top-of-the-range tractors. Once

The industry wants to exploit better so-called "big data", which has already allowed it to get better margins with higher prices on top-of-the-range tractors. Once technologically advanced equipment becomes standard in the US and the West, the companies will then be able to exploit the need for increased yields in the developing world as well. In the West, that initially involved real-time yield data - a tractor that could count how many bushels (the unit of measure for grain) it was harvesting. But it has grown to include cloud-based subscription data services that allow farmers wireless access to their data and gives them planting advice. Earlier this month, when Monsanto announced its $930m acquisition of Climate Corporation, a data science company, chief executive Hugh Grant said data represented a potential $20bn sales opportunity for the industry.

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