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AEI Newsmakers: Mar. 2023

March 15, 2023 | Posted in Dealers & Dealerships

Kubota to Explore Right to Repair MOU with Farm Bureau
Caterpillar & UAW Reach Tentative Labor Agreement
John Deere Sells Russian Financial Branch
CNHI Acquires Augmenta, Majority Stake in Bennamann
John Deere Targets Laid Off Tech Employees
Tractor Registrations Up in Germany, Down in UK in February

Farm Bankruptcies Rose 20% in 2019

February 10, 2020 | Posted in Data & Trends

According to a report from the Farm Bureau, Chapter 12 family farm bankruptcies in 2019 increased by nearly 20% from the previous year, according to recently released data from the U.S. Courts. Compared with figures from over the last decade, the 20% increase trails only 2010, the year following the Great Recession, when Chapter 12 bankruptcies rose 33%.

U.S. Farm Bankruptcies Rise 24% in 2019

November 17, 2019 | Posted in Data & Trends

Source: American Farm Bureau Federation

USDA currently projects farm income in 2019 to reach $88 billion – the highest net farm income since 2014’s $92 billion but still 29% below 2013’s record high.

USDA Reports Corn Acres Planted Up 3% Year-Over-Year; Soybean Acres Planted Down 10%

July 5, 2019 | Posted in Data & Trends

Source: American Farm Bureau Federation

Following a famously difficult planting season in the U.S., the USDA June Acreage Report showed a surprising increase in corn acres planted year-over-year, up 3% compared to June 2018.

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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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