U.S. Senators Deb Fischer (R-Neb.) and Amy Klobuchar (D-Minn.), members of the Senate Agriculture committee, introduced the Precision Agriculture Loan (PAL) Act on Sept. 15. The bipartisan legislation would create a program within the U.S. Department of Agriculture (USDA) to provide loan financing to farmers and ranchers interested in purchasing precision agriculture equipment.

In a recent Q&A following its earnings for the first half of 2021, Kubota Director and Executive Vice President Masato Yoshikawa answered questions regarding U.S. dealer inventories, global supply chain issues and the company’s need to catch up with its international competitors concerning tech.