What is the total backlog for Valmont's irrigation business
red Support Structures, we expect a solid year with some short-term softness in transportation, but the longer-term market trends, especially for road construction and single-family housing support future growth. Further, the critical need for infrastructure investment globally gives us confidence that these trends will remain strong.
We expect demand for wireless communication structures and components to accelerate throughout 2021. Bringing reliable, high-speed broadband connectivity to people around the world is vital to elevating standards of living, safety and opportunity. Our broad portfolio of towers and components positions us well to support world broadband connectivity initiatives, working with groups such as the Wireless Internet Service Providers Association and the American Connection Broadband Project Coalition to help bridge the the digital divide. We're encouraged that both current and proposed legislation has allocated funding to support these efforts.
Our Coatings business closely follows industrial production trends, and general economic activity. The drivers remain solid and the preservation of critical infrastructure and extending the life of steel fits well within our ESG principles.
And in irrigation, recent improvements in net farm income have improved grower sentiment, and tighter ending feed and protein stocks are keeping grain prices at sustained six and seven year highs. As evidenced by our global backlog of over $350 million, this improved demand along with the strength across international markets and the large-scale multi-year project in Egypt, is providing a good line of sight for this year.
Building on our strategy as the technology leader, earlier this week we announced the acquisition of PivoTrac, a Texas-based Ag technology company, with products focused on telemetry and control. This acquisition strengthens our footprint in the Texas Panhandle region, and adds more than 9,000 connections to our portfolio, growing our total connected machines to more than 123,000. This technology will integrate well with our AgSense Platform going forward, and each connected device adds to the cumulative, positive effect of the recurring revenue stream that these solutions provide. We would like to welcome the PivoTrac team to Valmont.
Turning to Slide 19, the summary. Our focus on execution and the benefit of positive market tailwinds across our businesses have led to a great start this year, and these look to extend into 2022. We expect solid operating performance and strong EPS accretion in 2021, and our teams are managing through the challenges of the current inflationary environment very well, through proactive pricing actions and the strength of our global supply chain. We remain focused on profitable growth and return on invested capital improvement, while keeping our employees and communities safe and investing in our businesses for growth.
And as a reminder we are hosting a Virtual Investor Day on May 20th, where our leadership team will provide a deep dive into our businesses, and an update on our strategies to drive growth and long-term shareholder value creation. We encourage you to register in advance using the link on our Investors page.
I will now turn the call back over to Renee.
Renee L. Campbell -- Vice President of Investor Relations and Corporate Communications
Thank you, Steve. At this time the operator will open up the call for questions.
Questions and Answers:
Operator
[Operator Instructions] Our first question is coming from Nathan Jones of Stifel. Please go ahead.
Nathan Jones -- Stifel Financial Corp. -- Analyst
Good morning, everyone.
Stephen G. Kaniewski -- President & Chief Executive Officer
Good morning.
Avner M. Applbaum -- Executive Vice President & Chief Financial Officer
Good morning.
Nathan Jones -- Stifel Financial Corp. -- Analyst
I guess I'll start with the obvious one, the first quarter based second quarter guidance is ahead of consensus and there is no guidance range raised for the full year. Is this just conservative, we've only done one quarter or do you see an
red Support Structures, we expect a solid year with some short-term softness in transportation, but the longer-term market trends, especially for road construction and single-family housing support future growth. Further, the critical need for infrastructure investment globally gives us confidence that these trends will remain strong.
We expect demand for wireless communication structures and components to accelerate throughout 2021. Bringing reliable, high-speed broadband connectivity to people around the world is vital to elevating standards of living, safety and opportunity. Our broad portfolio of towers and components positions us well to support world broadband connectivity initiatives, working with groups such as the Wireless Internet Service Providers Association and the American Connection Broadband Project Coalition to help bridge the the digital divide. We're encouraged that both current and proposed legislation has allocated funding to support these efforts.
Our Coatings business closely follows industrial production trends, and general economic activity. The drivers remain solid and the preservation of critical infrastructure and extending the life of steel fits well within our ESG principles.
And in irrigation, recent improvements in net farm income have improved grower sentiment, and tighter ending feed and protein stocks are keeping grain prices at sustained six and seven year highs. As evidenced by our global backlog of over $350 million, this improved demand along with the strength across international markets and the large-scale multi-year project in Egypt, is providing a good line of sight for this year.
Building on our strategy as the technology leader, earlier this week we announced the acquisition of PivoTrac, a Texas-based Ag technology company, with products focused on telemetry and control. This acquisition strengthens our footprint in the Texas Panhandle region, and adds more than 9,000 connections to our portfolio, growing our total connected machines to more than 123,000. This technology will integrate well with our AgSense Platform going forward, and each connected device adds to the cumulative, positive effect of the recurring revenue stream that these solutions provide. We would like to welcome the PivoTrac team to Valmont.
 Turning to Slide 19, the summary. Our focus on execution and the benefit of positive market tailwinds across our businesses have led to a great start this year, and these look to extend into 2022. We expect solid operating performance and strong EPS accretion in 2021, and our teams are managing through the challenges of the current inflationary environment very well, through proactive pricing actions and the strength of our global supply chain. We remain focused on profitable growth and return on invested capital improvement, while keeping our employees and communities safe and investing in our businesses for growth.
And as a reminder we are hosting a Virtual Investor Day on May 20th, where our leadership team will provide a deep dive into our businesses, and an update on our strategies to drive growth and long-term shareholder value creation. We encourage you to register in advance using the link on our Investors page.
I will now turn the call back over to Renee.
Renee L. Campbell -- Vice President of Investor Relations and Corporate Communications
Thank you, Steve. At this time the operator will open up the call for questions.
Questions and Answers:
Operator
[Operator Instructions] Our first question is coming from Nathan Jones of Stifel. Please go ahead.
Nathan Jones -- Stifel Financial Corp. -- Analyst
Good morning, everyone.
Stephen G. Kaniewski -- President & Chief Executive Officer
Good morning.
Avner M. Applbaum -- Executive Vice President & Chief Financial Officer
Good morning.
Nathan Jones -- Stifel Financial Corp. -- Analyst
I guess I'll start with the obvious one, the first quarter based second quarter guidance is ahead of consensus and there is no guidance range raised for the full year. Is this just conservative, we've only done one quarter or do you see an