An April 12 report from Reuters said China’s exports of steel products rose by 25.4% year-over-year in March to 9.89 million tons, the highest since July 2016.
The presence of spray and seeding drones in the ag equipment space is growing and so are their capabilities. Some drones available in the North American market are capable of spraying over 50 acres an hour and flying for up to 10 minutes before needing to swap batteries.
According to Ag Equipment Intelligence’s research report “Chinese Tractor Market: Analysis & Forecast” released on July 1, annual 41-100 horsepower tractor sales in China are forecast to reach over 1.6 million by 2026.
Chinese Minister of Agriculture and Rural Affairs Tang Renjian said at a conference Sunday that strengthening weak links in the agricultural machinery value chain will be part of the government’s focus in 2022.
As follow up to Farm Equipment’s earlier report and Ag Equipment Intelligence’s post “Chinese High-Tech Promises Challenge for Farm Machinery Makers,” a May 13 report confirmed that the development work is being carried out on an 11 hectare field in Hongwei Farm, Heilongjiang province.
With the imposition of the first round of tariff hikes on Chinese goods in 2018, U.S. agriculture producers — and the folks who build the equipment they use — realized fully they have a big stake in a peaceful resolution to the redrawing of trade agreements between the world’s two largest economies.
This online-exclusive report delivers an executive-level summary and expert analyses from Ag Equipment Intelligence’s veteran correspondents, researchers and forecasters. It is further supplemented by previously compiled research and reference material and also includes a new feature that automatically curates ongoing Chinese Farm Machinery content – as it occurs. View
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Precision ag pioneer Al Myers is a member of the Farm Equipment Shortline Legends Hall of Fame 2024 class. It’s been almost 35 years since the Ag Leader founder introduced the groundbreaking Yield Monitor 2000.