Slow getaway for telehandler

Thieves in the UK stole a farm telehandler to try to tear a cash machine out from a supermarket wall. Source: Farmers Weekly Kent Police is investigating the attempted theft using a Claas Scorpion 6030cp. Thieves had smashed over a concrete bollard to get better access to the cashpoint. However, despite their best efforts to […]

Agco shares drop post Brexit

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 PACAR stock. About 1.15 million Agco shares changed hands after the Brexit announcement.

Australian Claas act tours Europe

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 trip, with Mr Burton saying it had been a great learning curve. […]

AGCO new Fuse Lab in Hungary

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 research laboratory is provided to the university by agricultural equipment company AGCO Corporation […]

John Deere appoints new managing director

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 Deere Limited as a management trainee in […]

Case rejects plans to leave after Brexit

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 executive of Fiat Chrysler Automobiles, that owns New Holland, was […]

Brexit throws agriculture into turmoil

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 year’s sales, excluding alcohol, valued at 8.9 billion pounds (US$12.2 […]

Russian in a contract with Claas

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 initial letter of intent was signed last November during the Agritechnica in Hannover. […]

Carac Couplings buoyed by NZ Fieldays

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 his company. John Burling, the self- taught engineer who established […]

NSW rice farmer working for Laos

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 industry is drawing young workers away from agriculture there, a country still mainly […]