Shares of Agco haved dropped after JPMorgan slashed its rating from neutral to underweight citing weakening fundamentals in European agriculture. Source: The Street According to JPMorgan Agco has the greatest exposure to Europe in its machinery coverage. The company also downgraded PA
Taking in the brightest and best at this year’s Cereals Event in Cambridgeshire, England, was a group of Australian contractors touring Europe courtesy of Claas. Source: Farm Weekly Claas Australia product manager Jono Hams, Nathan Ebbett of Moree and Luke Burton of Dubbo took the tri
Prof Martin Richenhagen, AGCO Chairman, President and CEO, launched the new Fuse Laboratory at the Szent-István University in Hungary. Source: AFDJ eNews The state-run university is a leader in education in the area of “Agricultural and Environmental Sciences” for the country. The res
Jonathan Henry has been appointed the new managing director of John Deere Limited in the UK and Ireland. Source: AFDJ eNews He takes over the role on 1 July 2016 from Antony Scott, who elected to retire after 40 years of distinguished service with the company. Mr Henry joined John Dee
Case New Holland plant bosses insist they have no plans to leave Basildon after more than 50 years in the town despite previous claims Brexit would force it out. Source: Echo News UK Case New Holland in Basildon has a workforce of more than 1000 people. Sergio Marchionne, chief execut
The UK’s decision to walk away from the European Union may throw billions of pounds worth of agriculture trade into question as politicians prepare for a lengthy wrangle over future policy. Source: Farm Futures The EU is the biggest customer for UK food and drink exports, with last ye
CLAAS signed a special investment contract with the Russian Federation that the company will be awarded the official status of “Russian manufacturer”, and will be eligible for the same state subsidies for its combine harvesters as local producers. Source: AFDJ eNews An ini
Carac Couplings owners Yvonne and John Burilng launched the company’s new latchback device for farm gates at this year’s New Zealand Fieldays. Source: Stuff NZ A Taranaki engineer who has exhibited at Fieldays for 25 years says this year’s event was the best ever for
Imagine spending hours doing backbreaking labour in a rice paddy to plant what sometimes might only be a subsistence crop. That is the reality for many farmers in Laos who are now facing unreliable monsoon rains and a shrinking labour force. Source: ABC Rural The growing manufacturing
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