Earnings Reports

South American News: September 2023

  • John Deere Announces New Factory for PLA Sprayer Line in Brazil
  • Brazil Ag Machinery Sales Dropped in June 
  • July Ag Machinery Sales Fall Again in Argentina
  • Argentina: Apache Plant Expansion, Indecar Dealer Network Growth
  • New Holland Announces Partnership with Biomethane Companies in Brazil

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AEI Newsmakers: September 2023

  • Germany-based Jost Werke SE has signed a purchase agreement to acquire LH Lift Oy, based in Finland, that manufactures 3-point linkages and hitches
  • trucking company Yellow Corp. collapsed into bankruptcy on Aug. 6
  • In its Sept. 12 WASDE report, USDA estimated 2023-24 corn ending stocks at 2,221 billion bushels, soybeans at 220 million bushels and wheat at 615 million bushels
  • VDMA reported German tractor registrations down 4% year-over-year in August (up 3% year-to-date)
  • Kubota plans to commercialize unmanned tractors, rice planters and combine harvesters in Japan as early as 2026, according to an Aug. 26 report from Nikkei Asia
  • Lemken CEO Anthony van der Ley forecast a 6-7% decline in global ag equipment sales for 2024 in a Sept. 10 report from Agriland
  • According to CEMA, the general business climate index for the European ag equipment industry has continued to fall

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Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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