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Farm Machinery & Equipment Manufacturing PPI Year-Over-Year — 2005-22

April 18, 2022 | Posted in Data & Trends

The Farm Machinery Manufacturing Producer Price Index was up 13.6% year-over-year in February (+200 bps sequentially), the strongest growth in Baird’s historical tracker (dating back to 2005).

European Tractor, Harvester Production Resumes at a Modest Pace

May 15, 2020 | Posted in Ag Equipment Worldwide

Tractor and harvester production is underway in Europe once more after extended shutdowns brought output to a complete halt as the coronavirus pandemic took hold.

CNHI Appoints New CEO, Closes Plants in Europe & North America

April 15, 2020 | Posted in Ag Equipment Business

CNH Industrial announced a series of updates to its business operations amid the COVID-19 pandemic. Aside from changes to executive positions, the announcements have been fueled, at least in part, by the growing economic impact of the virus.

Coronavirus Causes Deere to Shut Down Brazilian Manufacturing Operations

March 25, 2020 | Posted in Equipment & Equipment Sales

According to a March 24 Bloomberg report, Deere said it will stop production at its six plants in Brazil in an attempt to contain the spread of the coronavirus.

AGCO Stepping Up Ag Equipment Production in Brazil

August 2, 2019 | Posted in Ag Equipment Worldwide

Along with other Brazilian ag equipment factories, the Canoas unit has received over $200 million back on investments. The entire AGCO portfolio in Brazil was updated in 2016 with 100 new products, and all tractors produced are new models.

AGCO Plans Further Expansion as Beauvais Logistics Center Opens

February 18, 2019 | Posted in Ag Equipment Worldwide, Mergers & Acquisitions

At the inauguration of a new logistics facility for the Massey Ferguson tractor factory in France, AGCO managers revealed plans for further expansion of the site to accommodate an increase in production capacity and introduce a new product line.

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Producer Price Index Percentage Changes — Ag Equipment & Parts Segment

‘Big 3’ Maintain Majority of Sprayer Market, but Share Slips Slightly

Major Line OEMs Weigh in on 2025

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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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