The agricultural fair known as the kick-off for the end of the soybean harvest in the Brazilian state of Rio Grande do Sul is also recognized for featuring the latest technologies, an opportunity for farmers to test-drive the combines and sign the contracts if they like the innovations they have seen.
Buhler Industries, manufacturer of the Versatile and Farm King ag equipment brands, released a list of answers on March 23 to frequently asked questions regarding the company's ownership and management.
Titan International has entered into a definitive agreement for the sale of its Australian wheel business, to OTR Tyres, a local leading national tire, wheel and service provider. The closing date is expected to be Thursday, March 31, 2022.
In its latest earnings report, Titan Machinery forecast an 8-13% decline in international revenue for its fiscal year 2023, which "includes a reduction in revenue of approximately 75% from our Ukraine subsidiary compared to fiscal 2022."
According to a recent report from Zeebiz, Antony Cherukara, CEO of Indian tractor manufacturer VST Tillers Tractors, a recent investor in Monarch Tractor, stated Monarch would launch its all-electric, autonomous tractor in VST Tiller Tractor's fiscal year 2023.
John Deere announced in February the launch of its DB MaxEmerge 5e planter in Brazil. The planter is added to a portfolio that already had the ExactEmerge and MaxEmerge 5 models, but now the company says it offers its “intermediary” version of the machine.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.