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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

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