As the 9th largest country in the world by area and one of the smallest by population, Kazakhstan is ripe with potential for North American farm equipment manufacturers.
The general business climate index for the European ag equipment industry held its first significant upward trend in December since the sharp declines in the course of the Russian war against Ukraine.
2022 is nearly over and it's been a bizarre year. We covered a lot, including how ongoing supply chain issues are impacting inventories, the CNHI-UAW strike and the war in Ukraine.
In its Dec. 14 update, CEMA’s Business Climate Index rose to a reading of +30, showing the EU ag equipment industry has “solidified its first significant upward trend since the sharp declines in the course of the Russian war against Ukraine.”
In a fact sheet released July 14, the U.S. Department of the Treasury specified that there are no U.S. sanctions against "the exportation of agricultural equipment and spare parts to Russia."
Even with the worsening conflict between Russia and Ukraine, some South American companies have reported to have received more orders for agricultural machinery.
Buhler Industries, manufacturer of the Versatile and Farm King ag equipment brands, released a list of answers on March 23 to frequently asked questions regarding the company's ownership and management.
“The read from investors is that higher global crop prices will spur more machinery demand in future years,” Barclays analyst Adam Seiden said in a March 22 interview with Bloomberg.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.