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AEI Newsmakers: September 2023

September 18, 2023 | Posted in Earnings Reports
  • 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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AEI Newsmakers: August 2023

August 15, 2023 | Posted in Earnings Reports
  • Global chipmakers are seeing an end to a glut of semiconductors but also forecast a slow recovery in demand.
  • Kubota Manufacturing of America Corporation (KMA) and Kubota Industrial Equipment Corporation (KIE) will merge into a single company on Jan. 1, 2024. 
  • Total employment numbers for local manufacturers, including several in the ag equipment and rural lifestyle equipment markets.
  • USDA estimated 2023-24 corn ending stocks at 2,202 billion bushels, soybeans at 245 million bushels and wheat at 615 million bushels.
  • The VDMA reported German tractor registrations down 2% year-over-year in July (up 4% year-to-date).

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On the Record Podcast

[Podcast] Rising Interest Rates Now a Top Concern for Farmers

April 7, 2023

 In this episode of On The Record, we examine the latest update to the Purdue Ag Economy Barometer, where rising interest rates became growers' number 1 reason to avoid large investments. In the Technology Corner, Noah Newman takes a look at one of John Deere's latest innovations: Furrow Vision. Also in this episode: USDA's prospective planting forecast for 2023, dealers' rising used combine inventories and a look at Buhler Industries' recently released annual report.



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On the Record

Rising Interest Rates Now a Top Concern for Farmers

April 7, 2023 | Posted in Data & Trends
In this episode of On The Record, we examine the latest update to the Purdue Ag Economy Barometer, where rising interest rates became growers' number 1 reason to avoid large investments. In the Technology Corner, Noah Newman takes a look at one of John Deere's latest innovations: Furrow Vision. Also in this episode: USDA's prospective planting forecast for 2023, dealers' rising used combine inventories and a look at Buhler Industries' recently released annual report.



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