Items Tagged with 'Ag Equipment'

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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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AEI Newsmakers: August 2023

  • 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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Hydrogen’s Off-Road Future

Some 220,000 hydrogen-powered vehicles will be sold by 2035, according to a November 2022 report from research firm Interact Analysis.
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Ag Equipment Intelligence

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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