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AEI Newsmakers: December 2024

December 17, 2024 | Posted in Ag Equipment Worldwide, Data & Trends
  • CNH announced Scott Harris will assume the role of president, North America, effective Jan. 1, 2025...
  • USDA released its WASDE report on Dec. 10...
  • AGCO announced that Bob Crain, senior vice president and general manager, Grain & Protein, will retire...
  • Eduardo Urrestarazu has been appointed as the president of Agrisolutions’ global business...
  • CEAT, an RPG company and Michelin have entered into a definitive agreement for CEAT to acquire...
  • Ag Express Electronics appointed Mark McClellan as its new chief operating officer...
  • SeedMaster, the developer and manufacturer of no-till seeding technology driven by precision...
  • The Assn. of Equipment Manufacturers (AEM) and the European Agricultural Machinery Assn. (CEMA) have...

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AEI Newsmakers: March 2024

March 15, 2024 | Posted in Dealers & Dealerships, Mergers & Acquisitions
  • A Feb. 28 report from World Construction Network said Kubota had filed a patent for an audio signaling system for automated machines...
  • CNH Industrial announced March 4 a strategic alliance with Telecom Argentina to bring 4G connectivity and digital services...
  • John Deere reported that changing a 620 horsepower 9R tractor to a fully electric version would mean adding almost 60 batteries...
  • Chevron Corp. subsidiary Chevron Renewable Energy Group Inc. will close 2 U.S. biodiesel production plants amid market challenges...
  • Unverferth Manufacturing is looking to hire 45-55 additional people to support increased demand and diversification...
  • Kubota is considering making its own batteries for its ag equipment...
  • Drone, sensors and software solutions provider AgEagle Aerial Systems Inc. announced on March 7 the appointment of retired U.S. Army Major General...
  • In its March 8 WASDE report update, USDA’s 2023-24 U.S. ending stocks are estimated at 2.172 billion bushels of corn...
  • VDMA reported German tractor registrations up 2% year-over-year in February (up 1% year-to-date)...
  • CEMA’s general business climate index decreased to a reading of –55 in the March survey vs. –52 last month...    

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Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market. 

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