A survey of farmers in various regions of the world suggests that, while most see flat or declining conditions in the next 12 months, a few expect business levels to improve.
Kubota will have 60% ownership of the manufacturing joint venture, which is said to have an initial capacity of 50,000 units and the resources to jointly develop new products.
The figures indicate a 6% decrease for tractors, an 18% decrease for tractors with loading platforms, a slight gain of 0.3% for trailers, little change for telehandlers and a 1.5% decrease for combines.
Javier Grasso, commercial manager of Metalfor, one of the largest companies in Argentina, believes this summer’s drought was not the main cause of the sales bust in the country.
Farmers and custom operators will find a much smaller Massey Ferguson presence at Europe’s major agricultural equipment shows in the future as the AGCO unit puts greater investment into its own events. The change of tack is being led by Francesco Quaranta, vice president of Sales, Marketing & Product Management for Massey Ferguson in the Europe & Middle East region.
The assembly and testing plant in Bramsche, just 15 miles north of the group’s headquarters factory near Osnabruck in northern Germany, comprises a 172,200 square feet cruciform building that takes up 12 acres of the 62 acre site.
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Precision ag pioneer Al Myers is a member of the Farm Equipment Shortline Legends Hall of Fame 2024 class. It’s been almost 35 years since the Ag Leader founder introduced the groundbreaking Yield Monitor 2000.