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Trelleborg to Distribute Galaxy Ag Tires in Europe

September 1, 2009 | Posted in Ag Equipment Worldwide

An agreement between GPX International Tire Corp., Malden, Mass., and Sweden’s Trelleborg Wheel Systems will see Galaxy farm, forestry, agri-industrial and OTR tires distributed through much of Europe for the first time.

With Exports Falling, German Ag Equipment Sales Drop 27% in 2Q

August 1, 2009 | Posted in Ag Equipment Worldwide

For the first six months of 2009, sales were down 15% compared with the January-through-June period of ‘08.

Manufacturers Cast a Wary Eye on Russian Market

July 1, 2009 | Posted in Ag Equipment Worldwide

Ag equipment manufacturers are continuing to keep on eye on the Russian market, which deteriorated for exporters this year after Russian Prime Minister Vladimir Putin imposed loan restrictions and tariffs of as much as 25% on foreign-made farm machinery.

South America & Brazil: Poor Credit Plagues Equipment Sales

July 1, 2009 | Posted in Ag Equipment Worldwide

The Brazilian ag equipment market weakened further in June.

Chinese Market for Ag Equipment to Grow 6.8% a Year Through 2012

July 1, 2009 | Posted in Ag Equipment Worldwide

Changing demographics in the country will also play a significant role as increasing numbers of rural population migrate to urban areas, putting pressure on equipment to replace a smaller agricultural labor force.

European Union: Confidence Slipping as Orders Decline

July 1, 2009 | Posted in Ag Equipment Worldwide

Tractor production in the European Union, which accounts for more than one-third of the total industry sales, increased by 10% to 255,400 units in 2008.

After an 18% Rise in ’08, Worldwide Ag Equipment Sales Slide Back to ’07 Levels

July 1, 2009 | Posted in Ag Equipment Worldwide

The steep rise in worldwide commodity prices that started in late 2007 and kicked into overdrive by mid-year ’08 also fueled a dramatic growth the sales of farm machinery.

Brazilian Equipment Sales Slowing More Than Anticipated

April 1, 2009 | Posted in Ag Equipment Worldwide

According to Ann Duignan, machinery analyst for JP Morgan, it appears that CNH took the biggest hit.

German Ag Equipment Sales Increased by 24% in 2008

March 1, 2009 | Posted in Ag Equipment Worldwide

The industry grew by 29% in the first half of 2008 and by 17% in the second half, compared to the same periods of 2007.

With Russian Ag on Its Back, Europeans Eye U.S. for Growing Sales

March 1, 2009 | Posted in Ag Equipment Worldwide

Clearly the general recession in the U.S. is affecting European confidence, and may delay expansion plans for North America.

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