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AEI Newsmakers: February 2024

February 15, 2024 | Posted in Farming Practices, Technology
  • Wisconsin Battery Co. announced in December the acquisition of 17 acres in Portage, Wis...
  • The Milwaukee Business Journal published a list of the largest nonprofits in the state of Wisconsin on Feb. 9. The Assn. of Equipment Manufacturers (AEM) topped the list in annual revenues of $35.7 million...
  • AGCO’s critical upgrades to its Hesston facility went live on Jan. 1, and the company brought back the first group of employees returning from furlough in the first week of January...
  • In its Feb. 8 WASDE report update, USDA’s 2023-24 U.S. ending stocks are estimated at 2.172 billion bushels of corn (vs. consensus 2.149 billion bushels)...
  • The prospects of interest-rate cuts were clouded by a Feb. 13 Federal Reserve report that inflation remained higher than expected...
  • Hay and forage equipment manufacturer H&S Manufacturing announced the closure of its Clintonville, Wis., facility, ...
  • Canadian seeding technology manufacturer Clean Seed Capital Group Ltd. announced Feb. 7 the signing of a technology license...
  • VDMA reported German tractor registrations down 1% year-over-year in January. Registrations in the 100+ horsepower category were down 4%...
  • CEMA’s general business climate index decreased to -52 in the February survey vs. -50 last month...

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On The Record

JCB Makes Strides in Expanding Ag Dealer Network

By Kim Schmidt posted on March 19, 2015
In today's newscast we report on whether the Fed's announcement will impact farm equipment manufacturers, how the strong U.S. dollar is impacting exports, AgJunction's recent merger, JCB's expanding dealer network for ag equipment and worldwide tractor sales.
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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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