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AEI Newsmakers: December 2024

December 17, 2024 | Posted in Ag Equipment Worldwide, Data & Trends
  • CNH announced Scott Harris will assume the role of president, North America, effective Jan. 1, 2025...
  • USDA released its WASDE report on Dec. 10...
  • AGCO announced that Bob Crain, senior vice president and general manager, Grain & Protein, will retire...
  • Eduardo Urrestarazu has been appointed as the president of Agrisolutions’ global business...
  • CEAT, an RPG company and Michelin have entered into a definitive agreement for CEAT to acquire...
  • Ag Express Electronics appointed Mark McClellan as its new chief operating officer...
  • SeedMaster, the developer and manufacturer of no-till seeding technology driven by precision...
  • The Assn. of Equipment Manufacturers (AEM) and the European Agricultural Machinery Assn. (CEMA) have...

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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...

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South American News: August 2024

August 15, 2024 | Posted in Ag Equipment Worldwide
  • Brazil’s Ag Machinery Sales Revenue Dropped 24.7% Year-Over-Year
  • No-tillage Machinery Focused Company Expands Factory in Argentina
  • Massey Ferguson Adds 2 New Dealerships in Argentina
  • CNH Suspends Major Production Line in Brazil

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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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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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