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AEI Newsmakers: August 2024

August 15, 2024 | Posted in Ag Equipment Business, Equipment & Equipment Sales

Doosan Robotics will merge with Doosan Bobcat by early 2025. Prior to the merger...
CNH announced the appointment of Ryan Schaefer as new vice president of New Holland Ag North America...
AGCO entered into an agreement to sell the majority of its Grain & Protein business to American Industrial Partners...
According to CEMA’s August survey of EU ag equipment manufacturers, 6% consider their current business...
JP Morgan analysts view USDA’s Aug. 12 WASDE report as negative for U.S. farmers considering...
Trimble reported 2Q revenues of $870.8 million, down 12% year-over-year. For the full-year 2024...
Kinze announced Aug. 1 that it will be reducing its workforce. The reduction affects 193 of Kinze’s 815...
Alamo Group reported 2Q net sales of $416.3 million, down 5.5% year-over-year...

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.

AEI Newsmakers: April 2023

April 15, 2023 | Posted in Ag Equipment Business, Mergers & Acquisitions

Tarter Farm and Ranch Equipment Acquired by Platinum Equity, Partners with Yanmar
CNHI Looking for ‘1 or 2 Transformational Investments’
Nokian Tyres Sells Russian Operations
Mahindra Acquires Orchard Sprayer Manufacturer, Launches New Tractor Brand
USDA WASDE: Corn Imports Down, Soybeans Unchanged
California Lifts Drought Limits
CEMA Business Climate Index Down in April

Argentina’s Ag Equipment Sales Up 5.3% in 2022

February 16, 2023 | Posted in Ag Equipment Worldwide, Data & Trends, Earnings Reports

Overall ag machinery sales in the country reached 7,752 total units in 2022.

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Dairy Segment Provides Bright Spot in Current Ag Market

Deere Confident on ‘Producing to Demand’ in Fiscal Year 2025

Art’s Way Reports 3Q Ag Sales Drop 46%, Parts Ways with CEO

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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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