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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...

Ag Equipment Data Points©

Farmer Use of Precision Technologies Market Area Estimated by Retailers

February 15, 2024 | Posted in Data & Trends, Electric Machinery

This table shows the estimated market area of an array of precision technologies in 2017, 2019, 2020, and 2021, ranked most to least for 2021.

Ag Equipment Data Points©

Ground vs. Aerial Based Ag Tech

December 18, 2023 | Posted in Electric Machinery, Equipment & Equipment Sales

A recent article from Software is Feeding the World (SFTW) discussed the different aerial tech options available today for traditionally ground-based farm operations. The table shows examples of these different operations and companies that operate in those spaces.

Precision Adoption Among No-Tillers Expected to See Continued Growth

December 18, 2023 | Posted in Data & Trends

Over the last 10 years, no-till farmers have had a relatively consistent pattern of adoption for precision ag (PA) technology.

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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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