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AEI Newsmakers: July 2023

July 17, 2023 | Posted in Dealers & Dealerships
  • The USDA WASDE report showed 2023-24 ending stock estimates for U.S. new crops above consensus.
  • AGI SureTrack successfully defeated patent challenges brought by Farmers Edge.
  • CEMA said the general business climate index for the European ag equipment industry has deteriorated.
  • Burro has partnered with Pacific Ag Rentals (PAR) to add Burro agricultural robots to PAR’s pool of equipment.
  • AGvisorPRO has expanded its partnership with Case IH dealership Young’s Equipment.
  • CNH Industrial told Barron’s in a June 27 report that it has recently hired 500 engineers from several automakers.
  • Guardian Agriculture announced a Series A fundraiser of $20 million.
  • Horsch introduced its autonomous planter concept at the Bahia Farm Show.

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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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