According to EquipmentWatch’s 2022 Highest Retained Value Awards, John Deere had the highest 5-year residual value in tracked tractors at 67.3% among manufacturers, above the 57.9% category average.
Northeast China could soon become a hotbed for international industrial investment, according to an Oct. 23 report from New China News Agency.
Yanmar Turkey announced Oct. 12 the inauguration of its Tractor Production Plant in Izmir, Turkey.
The Nigerian government said John Deere intends to open a tractor assembly plant in the country, according to an Oct. 31 report from Nairametrics.
In a Nov. 4 report from The Wall Street Journal on retrofit kits for autonomy, AGCO stated 7% of farmers globally replace their equipment every year, leaving 93% using older models as potential customers for upgrades.
According to CEMA, an industry trade association, the general business climate index for the European ag equipment industry has again fallen month-over-month.
Manitou Group has announced an agreement to acquire 75% of COME S.R.L, a company specializing in the production of mechanically welded parts, and 75% of Metal Work S.R.L, a company specializing in laser cutting.
VDMA reported German tractor registrations down 13% year-over-year in September (up 2% year-to-date).
Sarah Porter and Kathryn Sorensen demystified water concerns in Arizona in their Oct. 7 Wall Street Journal article.
Indian tractor manufacturer VST Tillers Tractors is looking for more collaborations with manufacturers.
According to a recent report from Horsch’s customer magazine terraHORSCH, China accounts for 18% of the world’s population but only 9% of global arable land.
LS Mtron recently announced its Land Solution partnership with Korean ag equipment manufacturer Woongjin Machinery.
According to CEMA, an industry trade association, the general business climate index for the European ag equipment industry has again fallen month-over-month.
In its Oct. 12 WASDE report, USDA reported a 2023-24 U.S. corn outlook of reduced supplies.
CNH Industrial announced Oct. 12 it had completed its acquisition of satellite positioning technology provider Hemisphere GNSS
The general business climate index for the agricultural machinery industry in Europe has stopped its first significant upward trend since the sharp declines in the course of the Russian war against Ukraine, but remains still at a relatively good level.
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.
In its Dec. 14 update, CEMA’s Business Climate Index rose to a reading of +30, showing the EU ag equipment industry has “solidified its first significant upward trend since the sharp declines in the course of the Russian war against Ukraine.”
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we talk to a Solectrac executive about the company's search for a new investor. In the Technology Corner, Noah Newman talks about the majors' growing presence in the precision retrofit market.