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Krone Marks 5th Consecutive Year of Ag Sales Gains

December 28, 2018 | Posted in Ag Equipment Worldwide
Hay equipment specialist Krone chalked up another set of record results in its financial year to the end of July 2018, with ag equipment revenues up more than 10% at €642.3 million ($730.4 million). Add in Krone’s larger commercial trailers business and the group breached €2 billion ($2.28 billion) turnover for the first time.
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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.
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Italy Forecasts Declining Tractor Exports, Slower Production

December 17, 2018 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales
Italy, the largest ag equipment producing country after the U.S. and Germany, will likely see an 11.9% decline in tractor exports by the end of 2018. This is according to FederUnacoma, the Italian Agricultural Machinery Manufacturers Federation, which also reports that national production is dropping in the country as a result. Even so, other equipment segments are performing strongly which should lead to a production value in line with 2017 levels.
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Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

Baltimore Port Closure to Impact High Horsepower Tractor Imports & Exports

In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.
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