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Nearly Half of Argentine Wheat Harvest in ‘Bad Condition’

October 15, 2022 | Posted in Ag Equipment Worldwide

The drought in key regions of Argentina has provoked a new reduction in the estimate of the Buenos Aires Cereal Exchange for its wheat output.

Stara’s New Factory Will Add 200 Workers

October 15, 2022 | Posted in Ag Equipment Worldwide

Brazilian farm equipment manufacturer Stara started construction on its second factory in Santa Rosa, Rio Grande do Sul, in 2021 and is now nearly two-thirds complete.

Construction Progresses at New Jacto Factory

October 15, 2022 | Posted in Ag Equipment Worldwide

Jacto has entered the third and final stage of the construction of its new factory in Pompeia, in the state of Sao Paulo, Brazil.

Second Crop Corn Harvest Hits Record in Brazil

September 15, 2022 | Posted in Ag Equipment Worldwide

Brazil’s National Supply Company (Conab) has updated its projection for the second corn crop output in August as it approaches the end of the harvest.

Argentina’s Ag Machinery Unit Sales Grow 13% in Second Quarter

September 15, 2022 | Posted in Ag Equipment Worldwide

Argentina’s ag machinery sales have grown 80% year-over-year in the quarter, according to data released by its National Institute of Statistics and Census.

Massey Ferguson Opens New Dealership in Argentina

August 15, 2022 | Posted in Ag Equipment Worldwide

Massey Ferguson has announced it will open a new dealership in Villa Maria in the province of Cordoba, Argentina. The company running the dealership will be Legaz, which has been in the region for 45 years.

AGCO Invests in New Assembly Lines in Brazil

August 15, 2022 | Posted in Ag Equipment Worldwide

In July, AGCO unveiled an investment plan of R$340 million ($66.7 million, as of Aug. 15) in new technologies and assembly lines in Brazil.

Mahindra to Open New Manufacturing Facility in Brazil

August 15, 2022 | Posted in Ag Equipment Worldwide

Indian multinational Mahindra announced a plan to open its second factory in Brazil due to the rapid growth in the Brazilian market. The company already accounts for 5.2% of the country’s tractor market.

Canadian Ag Implement Manufacturers’ Revenue & Expenses

August 15, 2022 | Posted in Ag Equipment Worldwide

Data from Statistics Canada on the country’s agricultural implement manufacturing industry (NAICS 33311) reveals that 73.6% of the 288 companies listed under this category were profitable in 2020.

Brazilian Dealers Note Differences from U.S. Counterparts

August 15, 2022 | Posted in Ag Equipment Worldwide

On August 4, Ag Equipment Intelligence participated in a presentation alongside 4 equipment dealers to a group of dealers and farmers from Brazil that was on a weeklong benchmarking tour in the Midwest.

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Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

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.

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