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AEI Newsmakers: December 2024

December 17, 2024 | Posted in Ag Equipment Worldwide, Data & Trends
  • CNH announced Scott Harris will assume the role of president, North America, effective Jan. 1, 2025...
  • USDA released its WASDE report on Dec. 10...
  • AGCO announced that Bob Crain, senior vice president and general manager, Grain & Protein, will retire...
  • Eduardo Urrestarazu has been appointed as the president of Agrisolutions’ global business...
  • CEAT, an RPG company and Michelin have entered into a definitive agreement for CEAT to acquire...
  • Ag Express Electronics appointed Mark McClellan as its new chief operating officer...
  • SeedMaster, the developer and manufacturer of no-till seeding technology driven by precision...
  • The Assn. of Equipment Manufacturers (AEM) and the European Agricultural Machinery Assn. (CEMA) have...

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AEI Newsmakers: October 2024

October 15, 2024 | Posted in Ag Equipment Business, Data & Trends, Dealers & Dealerships
  • USDA released its latest WASDE report on Oct. 11. JP Morgan analysts said, “We view today’s report as largely neutra...
  • According to CEMA’s survey of EU ag equipment manufacturers in October, 5% consider their current business to be...
  • VDMA reported German tractor registrations down 8% year-over-year in September (down 2% year-to-date)...
  • In the UK, the Agricultural Engineers Assn. (AEA) reported 50+ horsepower tractor registrations were down 19%...
  • John Deere announced plans on Oct. 14 to expand its John Deere Reman Core Center facility by...
  • AGCO announced layoffs at its Hesston manufacturing facility this week, following a 6% workforce reduction...
  • Texas John Deere dealer Tellus Equipment Solutions appointed Scott Miller chief executive officer...
  • On Oct. 1, Copperhead Ag announced plans to shift its sale strategy from direct to farmers...
  • Yokohama TWS appointed Elio Bartoli as its new company President, effective Dec. 1. Bartoli succeeds...

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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.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market. 

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