Even facing difficulties such as the pandemic, an annual inflation of nearly 50% and scarce imported products, the registration of agricultural machinery in Argentina jumped 37.8% in comparison to 2020.
A stronger market for tractors, combines and other agricultural machinery in Russia last year helped Ekotechnika and its John Deere dealership group score record revenues.
Claas is strengthening its relationship with power transmission specialist Carraro Group through the mutual exchange of knowledge and skills with the ultimate goal of increasing sales of specialist tractors in the Claas range.
According to a report from Mint, Kubota will receive an over 50% stake in Escorts by the end of March and "lay down a mid-term business and investment road map for Escorts Kubota, the new entity."
Steady gains in UK tractor market share and an uncharacteristic dip by the long-time market leader saw CNH Industrial take the top slot among manufacturers in 2020
Two British manufacturers are the latest to join the growing portfolio of European agricultural equipment firms represented in eastern Canada by distributor LanAgro, Cornwall, Ont.
The 134,500 square feet (12,500 square meters) multi-purpose building in the south-western Voronezh region, has capacity for 3 assembly lines to build tillage implements, seed drills, fertilizer spreaders, sprayers and other equipment for Russian farmers.
Each year, Claas shall purchase from Rolls-Royce several thousand mtu engines from Series 1000 to 1500 which it shall use to power its Lexion and Tucano combine harvesters, Jaguar forage harvesters and Xerion large tractors.
The agricultural and construction equipment group began making engines in 2004, primarily to supply its own factories around the World, at the JCB Power Systems plant in the UK, where more than half of the 750,000 units have been built.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.