China

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China Tractor Unit Sales by Horsepower — 2008-26

October 15, 2022 | Posted in Data & Trends

China’s Imports of Corn & Several Corn Substitutes Rebounded in 2020

June 28, 2021 | Posted in Data & Trends

According to a recent report from the USDA, China’s corn imports jumped to a record 11.3 million metric tons in 2020, more than twice the volume imported in past years.

CNH Industrial CEO Addresses Failed Talks to Sell 'On-Highway' Business

May 14, 2021 | Posted in Ag Equipment People

In CNH Industrial's first quarter earnings call on May 5, CEO Scott Wine addressed the company's reported discussions with Chinese automotive manufacturer FAW concerning its Iveco truck business. The discussions were first reported in early March 2021, when it was reported CNH Industrial was considering "alternatives to a planned spin-off and separate listing of its truck and bus business and that it was in talks with FAW over the future of Iveco."

Growing International Demand & High Domestic Use Send U.S. Soybean Stocks Toward Historic Low

March 18, 2021 | Posted in Commodities

Expanded U.S. soybean exports — led in part by increased Chinese buying under the United States-China Phase One trade deal in combination with greater demand by domestic processors — are tightening the availability of U.S. soybeans this marketing year (September 2020-August 2021).

Tightening Supplies Drive Prices Higher for Major U.S. Commodities

February 12, 2021 | Posted in Commodities

Futures prices—the price of a contract to deliver a commodity at a certain time in the future—for wheat, corn, and soybeans have been trending upward since August 2020.

Accumulated-Weekly-Soybean-Sales-—-2017-vs-2020.jpg

Report Shows China Purchased 71% of Ag Product Goal for 2020

November 12, 2020 | Posted in Commodities

According to an October interim report from USDA and the Office of the United States Trade Representative, China has purchased approximately 71% of its agricultural product goal for 2020, which was established as part of the U.S.-China trade agreement signed in January.

Growth in Pork Sales to China Led to Record U.S. Exports in 1Q20

June 4, 2020 | Posted in Data & Trends

Significantly larger pork sales to China boosted U.S. pork exports during first quarter 2020 to a record high volume of over 2 million pounds. Sales to China (including Hong Kong) were a record 597,000 pounds, up nearly fivefold, and more than 50% above earlier quarterly highs in 2008 and 2011.

Lovol's Italian Tractor Venture Appears to Have Hit Troubled Waters

February 21, 2020 | Posted in Ag Equipment Worldwide

An ambitious project to create a new European range of tractors built in Italy appears to have hit troubled waters with the news that a bankruptcy accommodation with creditors for the production element of the business has been requested by the Arbos Group’s local commercial court.

China’s Increased Soybean Imports from Brazil & Canada Do Not Fully Offset Lost U.S. Imports

July 2, 2019 | Posted in Commodities, Equipment & Equipment Sales

Source: USDA

Soybeans are the largest and most concentrated segment of global agricultural trade and account for 18% of total U.S. crop receipts, second only to corn (25% of crop receipts). As a result, factors that impact soybean sales can ultimately have a profound effect on farm machinery sales, one way or another.

China Looks to South America as Trade Tensions Grow

December 18, 2018 | Posted in Ag Equipment Worldwide

Escalating trade tensions between the U.S. and China is providing South American producers with opportunities to grow their market share in soybeans and other grains. This could lay the groundwork for increased farm equipment sales starting in 2019. In its most recent outlook, John Deere said it expects an improvement of up to 5% in South American machine sales in the year ahead.

Articles Tagged with ''China''

China Tractor Unit Sales by Horsepower — 2008-26

China’s Imports of Corn & Several Corn Substitutes Rebounded in 2020

CNH Industrial CEO Addresses Failed Talks to Sell 'On-Highway' Business

Growing International Demand & High Domestic Use Send U.S. Soybean Stocks Toward Historic Low

Tightening Supplies Drive Prices Higher for Major U.S. Commodities

Report Shows China Purchased 71% of Ag Product Goal for 2020

Growth in Pork Sales to China Led to Record U.S. Exports in 1Q20

Lovol's Italian Tractor Venture Appears to Have Hit Troubled Waters

China’s Increased Soybean Imports from Brazil & Canada Do Not Fully Offset Lost U.S. Imports

China Looks to South America as Trade Tensions Grow

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