Press release

Federal Court of Canada Decides in Favour of Farmers Edge

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Farmers Edge Inc. (“Farmers Edge” or the “Company”), a pure-play digital agriculture company, is pleased to announce that the Federal Court of Canada has ruled in Farmers Edge’s favour in a patent infringement suit brought by AGI SureTrack, LLC (formerly Farmobile, LLC) (“AGI”). The court ruled that Farmers Edge has never infringed the patent asserted by AGI, named “Farming Data Collection and Exchange System”, and that all claims in the patent are and have always been invalid. Farmers Edge was represented by McCarthy Tétrault LLP.

This decision, along with the United States District Court for the District of Nebraska’s decision in April, 2024 to dismiss the patent infringement suit brought by AGI in the US, reflects Farmers Edge’s unwavering dedication to defending its innovation and the integrity of its process.

About Farmers Edge

Farmers Edge is a global leader in digital agriculture operating in North America, Brazil, and India. With best-in-class technologies, state-of-the-art soil and tissue testing laboratories, and robust datasets from over 20 million acres, Farmers Edge delivers managed IT services and tailored solutions to stakeholders across the agricultural ecosystem. Spanning from farmers to ag-retail, fuel, food, insurance, and financial services, Farmers Edge is accelerating digital adoption, creating a more unified, sustainable, and transparent value chain. For more information on Farmers Edge, please visit www.farmersedge.ca.