BURR RIDGE, Ill. — CNH Industrial and the Climate Corp., a division of Monsanto Co., announced a licensing agreement for Precision Planting technology.

The nonexclusive agreement provides CNH Industrial and the Climate Corp. the opportunity for factory integration of select Precision Planting technology into CNH Industrial agricultural planters specifically designed to optimize planting performance, including the Case IH Early Riser Planters.

The agreement is consistent with Monsanto’s broad licensing approach to provide farmers access to leading technologies and information and CNH Industrial’s commitment to delivering products and services to their customers that provide additional value to their operations.

In addition, the Climate Corp. and CNH are committed to ensuring farmers can seamlessly connect to the Climate Corp.’s full range of services and technologies — from Precision Planting equipment to the Climate Technology Platform, including Climate Pro, FieldView and FieldScripts.

The integration of advanced agronomic decision tools will help farmers increase yields and operate more efficiently.

“This agreement will allow CNH Industrial to provide producers the next level of customization and seed delivery technology in the market,” said Dave Larson, CNH Industrial vice president agricultural equipment portfolio strategy.

“It will allow us not only to pair the technologies and services of our companies, but to evolve them together to deliver significant improvements in planting efficiency and yield.”

“We’re proud to be partnering with CNH Industrial to provide farmers with industry-leading precision equipment that will enable them to more efficiently manage their operations and increase their yield,” added David Friedberg, CEO of the Climate Corp.

“As farmers explore new digital tools to better inform the multiple decisions they make each year, this collaboration will make it simpler for them to use the most effective decision support tools on the CNH equipment of their choice.”