A manufacturer who provides OEM work to other farm equipment manufacturers told AEI that “Ag is on the fastest roller coaster ride down a quarter-century” and that a handful of its OEMs reduced their schedules in the first week of August.
The general business climate index for the European ag equipment industry held its first significant upward trend in December since the sharp declines in the course of the Russian war against Ukraine.
The general business climate for the ag equipment industry in Europe has improved for the second month in a row, according to the latest update to the CEMA Business Climate Index.
In this week's episode we discuss grower sentiment and their intentions to make large equipment purchases as well as dealers' sales outlook for 2022 and 2023. In the Technology Corner, Michaela Paukner takes a closer look at Greeneye's precision sprayer system. Ben Thorpe also brings us a report from the Farm Progress Show about Versatile and Cummins partnership on a hydrogen engine. And finally, we introduce a new feature to end the show — AEI DataPoints. This feature is a quick highlight of a noteworthy table or chart that the ag equipment industry needs to know.
“Especially in the last 5-10 years, I've really seen how things have changed, where associations are more relevant. They’re the voice of an industry, and industries need that voice, so it doesn’t look like one manufacturer looking out for their own interests," says former AEM President Dennis Slater.
The general Business Climate Index for the Agricultural Machinery Industry in Europe has further stabilized at high levels after several months of slight downward correction since its record peak in May and June (where it reached its highest level since 2008).
The general Business Climate Index for the Agricultural Machinery Industry in Europe has stabilized at high level again in December after several months of slight downward correction since its record peak in May and June (where it reached its highest level since 2008).
Ag equipment manufacturers reported industry recovery continued to move forward in the third quarter with significant improvement in the latest Agriculture Industry Conditions survey conducted by the Assn. of Equipment Manufacturers (AEM) in October 2020.
The COVID-19 pandemic has had a significant impact on businesses around the world, with many countries forcing non-essential businesses to shut their doors in order to slow the spread of the virus. What follows is a chronological list of manufacturer announcements, closures and statements cataloguing the reactions of the industry to this growing situation.
Most of the dealers and others I’ve spoken with or heard from in the past couple of months seem to agree — 2019 was a weird year. It was hard to get a fix on what was going on and very little was “typical.” There are more variables than usual, I think.
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.
In this episode we look at the potential impact Hurricanes Helene and Milton will have on ag production as well as the dealers and manufacturers in the impacted region.