A report from the Ministry of Agriculture & Farmers’ Welfare on July 19 showed that planting among most of India’s summer crops have declined since June 1, following a particularly dry monsoon season. Monsoon rains were down 20% below average in the week ending July 17, with the total rainfall since June 1 being down 16% below average.
According to Dan Somlin, managing director of the components business, much of the $4.26 million invested has focused on creating fully automated processes for component manufacture using advanced robotics.
In June, Siloking Mayer reached a milestone by supplying 2,000 of its self-loading mixer-feeders since 2004; 10 years passed before total production reached 1,000 machines but the 2,000 mark has been reached in only 4 years.
“The number of high powered tractors over 240 horsepower also fell by 11%, while tractors of more than 280 horsepower were down by more than a quarter, although sales of these larger tractors bounced back in the second quarter, having been down even more in the first 3 months of the year.”
In line with its long term strategy and following previous announcements, John Deere announced that it will begin manufacturing tractors for its 6E series in its plant in Granadero Baigorria, province of Santa Fe, Argentina.
Plummeting returns from sugar beet crops as a result of market liberalization in Europe has caused beet harvester production at Exel Industries to be restructured in light of falling demand for the big ticket machines.
While Fliegl plans to retain the Brochard brand for markets where it is well established, such as France and some other countries in western and eastern Europe, the products will be supplied under the Fliegl name elsewhere.
After a disastrous year for Argentinian machinery sales in 2018, a significant recovery is seen with the record crop of 57 million metric tons of corn and 56 million metric tons of soybeans.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.