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South American News: May 2024

May 15, 2024 | Posted in Ag Equipment Worldwide

Brazil: State of Sao Paulo Extends Tax Exemptions to Purchase Ag Machinery
Jacto Enters Agricultural Drones Market
Mahindra Opens New Dealerships in Southern Brazil
Pla Opens Expanded Manufacturing Plant in Argentina
Valtra Returns to Argentinian Sprayers Market
John Deere Leads Combine & Tractors Market in Argentina

Tractor Manufacturers Focus on Growing Dealer Networks in 2024

March 15, 2024 | Posted in Ag Equipment Business, Dealers & Dealerships

At this year’s National Farm Machinery Show, Ag Equipment Intelligence stopped by 4 tractor manufacturers and spoke with executives about what they’re planning to accomplish in 2024.

AEI Newsmakers: February 2024

February 15, 2024 | Posted in Farming Practices, Technology

Wisconsin Battery Co. announced in December the acquisition of 17 acres in Portage, Wis...
The Milwaukee Business Journal published a list of the largest nonprofits in the state of Wisconsin on Feb. 9. The Assn. of Equipment Manufacturers (AEM) topped the list in annual revenues of $35.7 million...
AGCO’s critical upgrades to its Hesston facility went live on Jan. 1, and the company brought back the first group of employees returning from furlough in the first week of January...
In its Feb. 8 WASDE report update, USDA’s 2023-24 U.S. ending stocks are estimated at 2.172 billion bushels of corn (vs. consensus 2.149 billion bushels)...
The prospects of interest-rate cuts were clouded by a Feb. 13 Federal Reserve report that inflation remained higher than expected...
Hay and forage equipment manufacturer H&S Manufacturing announced the closure of its Clintonville, Wis., facility, ...
Canadian seeding technology manufacturer Clean Seed Capital Group Ltd. announced Feb. 7 the signing of a technology license...
VDMA reported German tractor registrations down 1% year-over-year in January. Registrations in the 100+ horsepower category were down 4%...
CEMA’s general business climate index decreased to -52 in the February survey vs. -50 last month...

New Holland Aims for Bigger Share of Indian Tractor Market

February 15, 2024 | Posted in Data & Trends, Dealers & Dealerships

The last few years have seen several ag equipment manufacturers make moves in the Indian market, particularly Kubota with its acquisition of a 44.8% stake in Indian tractor manufacturer Escorts.

Clean Seed Enters Agreement with Mahindra on Distribution of SMART Seeder

February 7, 2024 | Posted in Ag Equipment Business

Clean Seed Capital announces the signing of a technology license and manufacturing agreement with Mahindra which will manufacture and distribute SMART Seeder Mini-MAX in collaboration with Clean Seed.

South American News: December 2023

December 18, 2023 | Posted in Ag Equipment Worldwide

John Deere Announces New R&D Center for Brazil
Ag Equipment Manufacturers Announce Layoffs in Brazil
Brazil: Mahindra Announces Expansion of Dealership Network
Argentina: Metalfor’s Controlling Group Announces New Acquisition
Argentina: Mainero Announces New Factory Plant

Mahindra Group Plans to Help US Companies Expand Manufacturing Footprint in India

July 24, 2023 | Posted in Ag Equipment Worldwide

The company said it will support interested companies in setting up their manufacturing base in India by leveraging its expertise.

South American Ag Equipment Intelligence: April 2023

April 15, 2023 | Posted in Ag Equipment Worldwide, Dealers & Dealerships

Brazil’s Ag Machinery Sales Drop 11.4% in February
Argentina’s Ag Machinery Sales Fall Over 20% in February
Brazil: Combines Account for 34% of All Ag Machinery Insurance Claims
Mahindra Reports Tractor Orders Up 40% in Brazil

AEI Newsmakers: April 2023

April 15, 2023 | Posted in Ag Equipment Business, Mergers & Acquisitions

Tarter Farm and Ranch Equipment Acquired by Platinum Equity, Partners with Yanmar
CNHI Looking for ‘1 or 2 Transformational Investments’
Nokian Tyres Sells Russian Operations
Mahindra Acquires Orchard Sprayer Manufacturer, Launches New Tractor Brand
USDA WASDE: Corn Imports Down, Soybeans Unchanged
California Lifts Drought Limits
CEMA Business Climate Index Down in April

Mahindra Acquires 100% Stake in Orchard Sprayer Manufacturer MITRA

March 22, 2023 | Posted in Ag Equipment Worldwide, Mergers & Acquisitions

Mahindra & Mahindra Ltd.’s Farm Equipment Sector on March 20 completed its acquisition of MITRA Agro Equipments Private Limited (M.I.T.R.A) by increasing its shareholding from the existing 47.33% to 100%, making it a wholly owned subsidiary of Mahindra & Mahindra Ltd.

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Producer Price Index Percentage Changes — Ag Equipment & Parts Segment

‘Big 3’ Maintain Majority of Sprayer Market, but Share Slips Slightly

Major Line OEMs Weigh in on 2025

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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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