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Strip-Till Rigs Top Strip-Till Farmers’ 2024 Purchase Plans

According to the 11th annual Strip-Till Operational Benchmark Study, 35.1% of survey respondents indicated they recently purchased or plan to purchase a strip-till rig in 2024.

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Big Dealer Consolidation Continues in 2024

In this episode of On the Record, brought to you by Weasler Engineering, we break down the key takeaways from Ag Equipment Intelligence's newly released 2024 Big Dealer Report. In the Technology Corner, Noah Newman shows us how cover crop planting could be done autonomously. Also in this episode, CNH Industrial reports a drop in ag sales, AGCO combine and application equipment sales are down year-over-year and a UK New Holland factory strike could impact North America. Read More

China Ramps Up Steel Production

An April 12 report from Reuters said China’s exports of steel products rose by 25.4% year-over-year in March to 9.89 million tons, the highest since July 2016. Read More

UPDATED: AGCO Terminates Commercial Relationships with TAFE

During 2023, AGCO said it purchased approximately $171.6 million of tractors and components from TAFE and sold approximately $3.6 million of parts to TAFE. 

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South American News: April 2024

  • Machinery Sales Drop in Brazil in Early 2024
  • Argentina: Business Associations Expect Strong Recovery in Q3 & Q4
  • Major State-run Bank in Argentina Lowers Interest Rates
  • Deere to Invest $15 Million in Argentina to Boost Sprayer, Seeder Production
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North America Agriculture & Construction Equipment Unit Sales Forecast — 2019-35

According to an April 2024 report from research firm Interact Analysis, in 2024 the agriculture vehicle market is expected to fall by around 6%.

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Ag Equipment Intelligence

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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