According to a report from The Hindu Business Line, Mahindra has announced a new range of tractors to be created with Mitsubishi of Japan. The new line has been dubbed the K2 platform and is set for release in 2021, with models to be released in varying horsepowers over the next 2 years.
New data from the Assn. of Equipment Manufacturers (AEM) and Oxford Economics shows a positive trend in agricultural tractor and self-propelled combine sales for the next several years despite a brief tick down for 2020.
Deere & Co.’s stated goal is to set itself apart from its competitors while stimulating significant growth. Specifically, it’s aiming to improve its current 12.5% operating margin to 15% by its fiscal year 2022.
According to a report from the U.S. Meat Export Federation, pork exports soared to 282,145 metric tons (311,011 U.S. tons) in December, up 34% year-over-year and surpassing the previous high (set in November 2019) by 9%.
Robertson Implements has announced the recent acquisition of 4 dealership locations from Moody’s Equipment LP. With the recent transaction, Robertson Implements will now have dealerships operating in Kindersley, Perdue, Saskatoon and Unity, Sask.
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In this week’s program, we cover AGCO and CNH Industrial’s 4Q and full year 2019 results. Art’s Way also reported its 4Q and year-end sales, including a 59% improvement in 4Q sales vs. the same period last year. Also in this episode: strides in rural broadband access and an improvement in producer sentiment.