Ag Equipment Intelligence has gathered data from the financial filings of the ag industry’s key publicly-traded manufacturers and compiled these companies’ executives’ compensation, now updated for the 2022 financial year.
New sales of Canadian 4WD tractor are expected to decline only –2% in 2024 after growing over 40% in 2023, according to an April 24 report from Farm Credit Canada.
Titan Machinery’s focus for fiscal year 2025 (ending Jan. 31, 2025) is on inventory reduction, and CEO Bryan Knutson said that will carry into fiscal year 2026.
Ag Equipment Intelligence (AEI) broke the story, “Kubota Limits Number of Stores Owners Can Own Per State” in an “AEI Overheard” item in the May 15 edition of the AEI newsletter.
While it is AGI’s policy not to comment on market speculation or rumours, AGI confirms that it received an unsolicited, non-binding and conditional proposal to purchase the Company.
Alamo Group announced that on May 20 the strike that began on April 14 by unionized workers at its subsidiary, Gradall Industries in New Philadelphia, Ohio, has ended.
Lessiter Media’s No-Till Farmer and Farm Equipment editors were recognized by the American Society of Business Press Editors with national awards in the association’s 2024 Azbee Awards of Excellence.
North American large ag equipment unit retail sales rebounded in April with a 12.8% year-over-year increase compared to a 3.1% decline in March, according to the latest data from the Assn. of Equipment Manufacturers.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.