Tractors flood the town
If it were not for tractors the NSW town of Wentworth, and many others along the River Murray, would have been under water in the 1956 flood. Source: Stock And Land So to celebrate the crucial work tractors did during the Great Flood the town hosts a tractor rally every five years. In 2016 the town will be commemorating 60 years […]
Global agricultural equipment forecast
Global demand for agricultural equipment is forecast to expand 6.6% per annum through 2019 to over US $193 billion. Source: AFDJ eNews Advances at the global level will be largely driven by market growth in China and other industrializing nations, which will account for over two-thirds of all new agricultural machinery demand generated between 2014 and 2019 […]
Argentina keen to partner with China
Argentina, one of the world’s leading agricultural producers, wants to integrate its agricultural machinery manufacturing industry into the global value chains with China’s help. Source: Xinhuanet The Giorgi plant is one such manufacturer. Founded in 1958 by brothers Santos and Quinto Giorgi in the town of Fuentes in the province of Santa Fe, the plant began as […]
Farm Source for sale
Eight well established rural supply stores, strategically positioned in key New Zealand North Island provincial locations are up for auction early next month and are being promoted as offering passive investors the chance to gain low-risk exposure to the agricultural sector. Source: The New Zealand Herald The Farm Source stores located in the Waikato, Hauraki Plains, Bay of Plenty, Taranaki and […]
Agri Insight shows growth
The Commonwealth Bank’s latest Agri Insights report released in May shows continued strong investment intentions across Australian farming operations. Source: AFDJ eNews The Agri Insights Index continues to be positive, shifting only slightly over the past six months and remains positive at 9.5 points. The index is influenced by strong investment intentions across fixed infrastructure, technology, and plant and equipment, […]
Reduced truck fuel tax rate
The Australian Trucking Association (ATA) has welcomed the Australian Government’s decision to reduce the truck fuel tax rate – known as the road user charge – from 26.14 to 25.9 cents per litre from 1 July 2016. Source: Prime Mover Magazine The reduction was one of the recommendations in the ATA’s 2016 pre-budget submission, and follows several […]
Totally electric agricultural machinery
Electric vehicles for construction, agriculture and mining will be a US$30 billion market in 2025. Source: AFDJ eNews Komatsu, John Deere, Caterpillar, and other companies manufacture mainly hybrid vehicles, while some others offer smaller, purely electric versions. Pure electric is a legal requirement indoors. Outdoors, fuel saving and better performance would be attractive. A new report […]
EU approves emission limits for machinery
Plans to update EU type approval rules and emission limits for internal combustion engines in non-road mobile machinery (NRMM), such farm machinery, were backed by the European Parliment’s Environment Committee. Source: Agriland These plans had already been agreed with the Dutch Presidency of the Council. NRMM engines account for about 15% of all NOx and 5% of particulate emissions in the EU. […]
Tractor sales for March quarter
New tractor sales for the March quarter reveal that the under 40 horsepower market, usually related to hobby and lifestyle farming, has taken a large slide. Source: The Weekly Times The market is down 17% from last year for the March quarter, and 24% for the month of March. Given the dry conditions around Victoria and Tasmania, […]
Premium Kubota on trial in Australia
Kubota M7 – the biggest tractor the company has ever made will jostle for space in the competitive 100-200 horsepower range – and it’s on trial near Shepparton, Victoria. Source: The Weekly Times Kubota is a minnow in the middleweight division with, until now, nothing bigger than its 135hp MGX. It’s a division populated with well-established products badged […]