Throughout the Ag Day conference held last month in New York for interested fund managers, speakers used various farming factoids to help the attending investment fund managers better understand agriculture.
Farmers have long been accused of being color blind and too brand loyal when it comes to their equipment purchases. Red equipment buyers would never think of trying green machinery, and those devoted to blue won’t consider orange.
On March 3, Ag Equipment Intelligence, along with the investment-banking firm of Morgan Joseph & Co., co-sponsored the annual Ag Day conference in New York.
Along with consolidating its dealers, Deere made another big move when it announced that it is merging its Commercial & Consumer Equipment division into the much larger farm equipment operations.
The unfortunate timing — as it now turns out — of Manitou’s acquisition of Gehl last October has resulted in a major reorganization of the business and the appointment of a new CEO by the French group’s supervisory board.
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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.