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AEI Newsmakers: October 2024

October 15, 2024 | Posted in Ag Equipment Business, Data & Trends, Dealers & Dealerships
  • USDA released its latest WASDE report on Oct. 11. JP Morgan analysts said, “We view today’s report as largely neutra...
  • According to CEMA’s survey of EU ag equipment manufacturers in October, 5% consider their current business to be...
  • VDMA reported German tractor registrations down 8% year-over-year in September (down 2% year-to-date)...
  • In the UK, the Agricultural Engineers Assn. (AEA) reported 50+ horsepower tractor registrations were down 19%...
  • John Deere announced plans on Oct. 14 to expand its John Deere Reman Core Center facility by...
  • AGCO announced layoffs at its Hesston manufacturing facility this week, following a 6% workforce reduction...
  • Texas John Deere dealer Tellus Equipment Solutions appointed Scott Miller chief executive officer...
  • On Oct. 1, Copperhead Ag announced plans to shift its sale strategy from direct to farmers...
  • Yokohama TWS appointed Elio Bartoli as its new company President, effective Dec. 1. Bartoli succeeds...

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AEI Newsmakers: August 2024

September 15, 2024 | Posted in Ag Equipment Business
  • Deutz AG has acquired Biuro Techniczno-Handlowe FAST Sp.z.o.o (BTH FAST), a Polish dealership that serves the ag, industrial...
  • Moveero completed Phase 2 of its hubs and spindles manufacturing investment program... 
  • European industry trade association CEMA’s September General Business Climate Index increased 3 points...
  • VDMA reported German tractor registrations down 28% year-over-year in August... 
  • In the UK, the Agricultural Engineers Assn. (AEA) reported 50HP+ tractor registrations down...
  • HD Hyundai Construction Equipment North America, opened its first North American customization center...
  • Kubota Corp. has invested in Bloomfield Robotics Inc., a U.S. startup company...
  • Reinke Manufacturing announced Sept. 10 a $12 million investment in the modernization...
  • Vermeer has partnered with G.T. Bunning & Sons Ltd, a UK-based leader in manure spreader manufacturing...
  • Analysts with JP Morgan said they view the September WASDE report as “modestly positive...

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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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Videos

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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