Top concerns among producers continue to be high input costs and rising interest rates.

Monarch’s autonomous electric MK-V tractor at Kaerskov Vineyard has been operating since July using Paired Power solar energy EV chargers.

Valmont said the acquisition strengthens its value proposition to customers in the Australian ag market.

The public event is scheduled for Friday, Sept. 8, 2023 and will begin with a ribbon-cutting ceremony at 9 a.m. 

The German manufacturer expects the acquisition to create synergies in product research and development as well as sales and purchasing.

While consolidated revenue for 2QFY24 increased 29.4% year over year and Ag segment revenue grew 34.4%, the company maintained its FY24 guidance that the Ag segment would be up 20-25% year over year.

Applied Machinery Sales (AMS) filed Chapter 7 bankruptcy on Aug. 17 under the name Applied Machinery Rentals, LLC. The filing comes after owner Garth McGillewie died June 21, 2023 at the age of 61.