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AEI Newsmakers: October 2023

October 15, 2023 | Posted in Ag Equipment Business, Ag Equipment People, Ag Equipment Worldwide

VDMA reported German tractor registrations down 13% year-over-year in September (up 2% year-to-date).
Sarah Porter and Kathryn Sorensen demystified water concerns in Arizona in their Oct. 7 Wall Street Journal article.
Indian tractor manufacturer VST Tillers Tractors is looking for more collaborations with manufacturers.
According to a recent report from Horsch’s customer magazine terraHORSCH, China accounts for 18% of the world’s population but only 9% of global arable land.
LS Mtron recently announced its Land Solution partnership with Korean ag equipment manufacturer Woongjin Machinery.
According to CEMA, an industry trade association, the general business climate index for the European ag equipment industry has again fallen month-over-month.
In its Oct. 12 WASDE report, USDA reported a 2023-24 U.S. corn outlook of reduced supplies.
CNH Industrial announced Oct. 12 it had completed its acquisition of satellite positioning technology provider Hemisphere GNSS

Monarch Tractor to Hit North American Market in 'Late 2022'

March 17, 2022 | Posted in Ag Equipment Worldwide

According to a recent report from Zeebiz, Antony Cherukara, CEO of Indian tractor manufacturer VST Tillers Tractors, a recent investor in Monarch Tractor, stated Monarch would launch its all-electric, autonomous tractor in VST Tiller Tractor's fiscal year 2023.

Indian Tractor Manufacturer VST Tillers Enters Southern African Market

September 7, 2021 | Posted in Ag Equipment Worldwide

According to a report from India Info Online, VST Tillers Tractors, an Indian farm equipment manufacturer, has signed an agreement with Export Trading Group to distribute tractors, tillage and harvesting equipment and diesel engines in the South African market.

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Deere Production Could be Down 10-15% Next Year

In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.

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