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South American News: September 2024

September 15, 2024 | Posted in Ag Equipment Business, Ag Equipment Worldwide

Brazil Ag Machinery Sales Dropped 28.78% Through July, Signs of Recovery at Expointer
Argentina Registers Record Number of Machinery in August
Brazilian Company Aims to Electrify Ag Drones
John Deere Announces New Leadership Changes in Latin America
Argentina: FPT Partners with Pauny for Tractor Engines

VDMA: German Farm Machinery Sales Grow by 10%, ‘Second-Best Result Ever’

March 1, 2018 | Posted in Mergers & Acquisitions

Agricultural machinery and tractor manufacturers production in Germany experienced an exceptionally good business year in 2017, a strong growth in turnover of 10%, to €7.9 billion ($9.7 billion). According to VDMA Agricultural Machinery Assn., this represented the second-best annual result ever achieved by the industry.

South American Ag Equipment Intelligence

September 1, 2017 | Posted in Ag Equipment Worldwide, Equipment & Equipment Sales, Mergers & Acquisitions

Expointer 2017, one the largest agricultural fairs in Latin America, was held Aug. 26-Sept. 3 in the city of Esteio, near Porto Alegre, capital of Rio Grande do Sul, where most Brazilian grain growers buy their machinery.

Reducing Ag Equipment Purchases Tops Farmers’ List for Cutting Costs

April 1, 2017 | Posted in Data & Trends

It’s not a secret or surprising that farmers first look at reducing or totally eliminating purchases of equipment when they need to cut costs. This reality was further reinforced by a recent survey of more than 500 farmers by Farm Journal Media and posted on its AgWeb.com website on April 7.

Claas Invests in Combine Factory in Russia

November 1, 2015 | Posted in Mergers & Acquisitions

Claas has placed a big bet on the future prosperity of Russian agriculture by investing the equivalent of $136 million building a new combine factory alongside an existing facility in Krasnodar, 800 miles south of Moscow.

Foton Lovol Acquires MaterMacc

April 1, 2015

Foton Lovol, one of China’s leading tractor and agricultural machinery manufacturers, has acquired an Italian maker of precision planters for undisclosed terms.

Europe’s Ag Equipment Makers Expect 5% Decline in 2014

November 1, 2014

Following the boom of the past 3 years, demand for agricultural machinery in Europe has weakened in 2014, according to the European manufacturers’ association CEMA.

Trelleborg Increases Ag Tire Competition with New U.S. Factory

July 1, 2014 | Posted in Equipment & Equipment Sales

Sweden’s Trelleborg announced plans to open its first North American manufacturing facility dedicated to the production of premium radial tires for agricultural machinery.

Worldwide Sales of Farm Tractors Surpasses 2 Million

February 17, 2014 | Posted in Equipment & Equipment Sales

The rapid growth of emerging markets worldwide is creating unprecedented demand for farm machinery, according to the Agrievolution Alliance, a global alliance of agriculture equipment manufacturing associations.

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Pöttinger Reports $544.6 Million in Revenue for Fiscal Year 2024

Manufacturers Cite Slight Optimism Heading into End of the Year

Raymond James Analyst: Expect Softness for Remainder of Year as Farmers Sit on Hands Ahead of Elections, Expected Interest Rate Cuts

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[Technology Corner] What an OEM Partnership Means to an Autonomy Startup

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.

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