Micro Irrigation and Mechanized Systems Market To Reach USD 50.5 Billion By 2032 - DataHorizzon Research [Yahoo! Finance]
Lindsay Corporation (LNN)
Last lindsay corporation earnings: 4/7 06:45 am
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Source: Yahoo! Finance
Fort Collins, Colorado, April 06, 2024 (GLOBE NEWSWIRE) -- Adoption of Automation for Irrigation to Encourage Agricultural Boost In 2023, the demand for micro irrigation and mechanized systems experienced significant growth due to the cost-effectiveness of micro irrigation systems. Chemigation and fertigation methods utilized in micro irrigation mitigate excessive use of agricultural chemicals and fertilizers, resulting in cost savings. Additionally, micro irrigation systems contribute to water conservation. According to the World Bank, approximately 70% of the world's freshwater withdrawals are allocated for agriculture. With the global population on the rise, the current agricultural production requirements are anticipated to surge by 70% by 2050, further stressing water resources worldwide. Adoption of micro irrigation systems leads to increased crop yield, reduced water consumption for crops, minimized water wastage, and allows for more land area to be irrigated. Micro irriga
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LNN
Earnings
- 4/4/24 - Beat
LNN
Sec Filings
- 4/4/24 - Form 10-Q
- 4/4/24 - Form 8-K
- 2/13/24 - Form SC
- LNN's page on the SEC website