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.
While the use of new technologies to meet the demand for food from a growing global population seems to garner most of the attention these days, the more immediate challenge for farmers is coping with the growing labor shortages and the cost of regulations.
Dana is building its portfolio of products and expertise in anticipation of a forthcoming shift to electrical propulsion for agricultural and other off-highway vehicles by acquiring an Italian specialist in the field.
Investment totaling the equivalent of just over $114 million will result in improved manufacturing and assembly facilities and a new range of engines at AGCO Power in Finland.
The U.S. economy is still performing well by most key measures. However, consumers, investors, companies and other market participants have become more wary about the near- term future with seemingly good reason. Global and U.S. economic prospects are weakening and the agricultural economy shows few signs of an imminent comeback, according to a comprehensive 2019 outlook report from CoBank’s Knowledge Exchange Division.
Equipment automation, drone-based nutrient application and hybrid or electric machinery are among the innovations which are trending toward broader application, perhaps as soon as 2025, according to results of a recent study conducted by consulting company Roland Berger.
The manufacturing models of the farm equipment and automotive industries are intertwined, with innovations developed for consumer vehicles often finding their way into the production of ag machinery.
For over two decades, the joint venture has delivered a range of engines in the 0.5-2.2 litre space. Manufactured in the UK, U.S., China and Japan, there are currently more than 1 million Perkins 400 Series engines at work around the world.
A report from global management consulting firm McKinsey & Co. maintains that, despite the “massive advances in computing power, data analysis and connectedness,” the agricultural and construction industries are lagging behind other sectors when it comes to “productivity gains associated with digitization.”
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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.