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New Holland Exec: ‘Consolidation is Natural’

September 17, 2019 | Posted in Ag Equipment Business

Trade and weather have attracted a lot of headlines in 2019, but one OEM executive says he doesn’t put too much weight on short term political issues.

U.S. Big Ag Sales Rebound in August

September 16, 2019 | Posted in Equipment & Equipment Sales

Sales of large farm machinery sales posted double digit gains in August, but Canadian sales remained soft, according to the latest figures released by the Assn. of Equipment Manufacturers.

Deere to Invest $6.6M in Serbian Logistics Facility

September 11, 2019 | Posted in Ag Equipment Worldwide

U.S. agricultural machinery manufacturer John Deere plans to invest up to €6 million ($6.6 million) in the construction of a logistics complex in Serbia, according to published reports.

Organic Farmers to Harvest Record Acres in 2019

September 9, 2019 | Posted in Farming Practices

According to the Annual Acreage Report, conducted by Mercaris, farmers will harvest 3.1 million acres of U.S. land certified for organic field crop production, an increase of 7% over 2018.

Syngenta Acquires Ag Software Firm Cropio

September 6, 2019 | Posted in Mergers & Acquisitions

Syngenta has announced that it has completed the acquisition of all relevant assets of The Cropio Group, an Ag Tech company with a presence in over 50 countries and with a primary focus in Eastern Europe. Approximately 25 million acres of crops are currently managed using Cropio.

Fed’s August Beige Book Reports Continued Weak Ag Conditions

September 6, 2019 | Posted in Data & Trends

The most recent Beige Book (August 2019) released by the Federal Reserve System included conditions impacting agriculture throughout the country. Overall, it found that agricultural conditions “remained weak as a result of unfavorable weather conditions, low commodity prices and trade-related uncertainties.”

Farmer Sentiment Plunges Following Falling Crop Prices

September 5, 2019 | Posted in Data & Trends

Source: Purdue University, CME Group

After rising sharply two months in a row, the Ag Economy Barometer weakened significantly in August and fell back to a reading of 124, down 29 points compared to a month earlier and just slightly below the June reading of 126.

ASV Stockholders Approve Acquisition by Yanmar

September 5, 2019 | Posted in Ag Equipment Business

Under the terms of the agreement, each share of ASV common stock will be converted into the right to receive $7.05 in cash, without interest. The transaction is expected to close on Sept. 11.

Corn, Soybean Maturity Continues to Lag

September 4, 2019 | Posted in Commodities

While corn in the dough stage improved from 71% a week ago to 81% as of Sept. 1, the crop continues to trail last year’s development for this date, which was 95%, as well as the 5 year average of 93%. Corn dented is even further behind, with only 41% of this year’s crop at this stage vs. 73% last year on this date and 5 year average of 63%.

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AGCO Reports $1.4 Billion in 2023 Tractor Revenue

New Holland Informs Dealers of Restructuring Details

Baltimore Port Closure: Tractor Imports & Exports Impacted, Deliveries Delayed

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment

Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.

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Editors' Picks
RSS

New Holland Exec: ‘Consolidation is Natural’

U.S. Big Ag Sales Rebound in August

Deere to Invest $6.6M in Serbian Logistics Facility

Organic Farmers to Harvest Record Acres in 2019

Syngenta Acquires Ag Software Firm Cropio

Fed’s August Beige Book Reports Continued Weak Ag Conditions

Farmer Sentiment Plunges Following Falling Crop Prices

ASV Stockholders Approve Acquisition by Yanmar

Corn, Soybean Maturity Continues to Lag

Top 10 Ag Equipment Intelligence Stories in August 2019

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Ag Equipment Intelligence

AGCO Reports $1.4 Billion in 2023 Tractor Revenue

New Holland Informs Dealers of Restructuring Details

Baltimore Port Closure: Tractor Imports & Exports Impacted, Deliveries Delayed

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment

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