In our most recent list, Ag Equipment Intelligence has gathered financial data from the filings of the ag industry’s key publicly-traded manufacturers and compiled its own list of these companies’ research and development expenses.
According to analysis from Yaroslav Navrotsky, Ph.D. at the Ukrainian Department of Investment and Logistics of the National Research Center Institute of Agrarian Economics, tractor production in Ukraine has decreased noticeably over the last 4 years.
A total of 154,522 tractors were registered in the EU in 2020, down 2.6% from 158,607 in 2019, according to the Axema 2021 Economic Report. 2020’s tractor registrations also represented a 1.8% increase from the 151,880 tractors registered in the EU in 2018.
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In this week’s episode, we look at Titan Machinery’s strong third quarter results for fiscal year 2022, and how the executive team views inventory turns heading into next year. In the Technology Corner, Michaela Paukner talks with Mani Iyer, CEO of Soletrac, about the electric tractor manufacturer’s distribution plans. Also in this episode: a look at how the UAW strike impacted margins and planter deliveries and dealers’ forecast for used equipment revenues in 2022.