NZ tractor sales ‘horrible’ but improving
New car sales – once a barometer of the rural economy – have been through the roof in the past three years. Before the removal of farm subsidies in the 1980s, this would have suggested that farmers were enjoying a great year, but that is no longer the case. Source: New Zealand Herald, The Country, Wanganui […]
TMA ramps up advocacy
The Tractor and Machinery Association of Australia is ramping up its efforts to advocate for the industry and sees itself working with related farming organisations. Source: AFDJ eNews One of the great things about the tractor and machinery sector is that we are uniquely positioned in the centre of the industry supply chain – a […]
New Holland at global forum in UAE
New Holland Agriculture, together with local distributor Saeed Mohammed Al Ghandi & Sons, took its place at the Global Forum for Innovations (GFIA) in Agriculture in March 2017 in Abu Dhabi, United Arab Emirates. Source: AFDJ eNews GFIA, as an exhibition and conference showcasing innovations in sustainable agriculture, aims to meet the needs of both large and smallholder […]
Valtra Red Dot winner
Valtra’s SmartTouch armrest that was unveiled in Paris in February has won the Red Dot 2017 Design Award, while the fourth generation Valtra N Series received an honourable mention in the same competition. Source: AFDJ eNews Last year the Valtra T4 Series won the Red Dot 2016 Design Award. “The Red Dot 2017 Design Awards […]
Euro market a vision of contrasts
The decline in sales of arable farm equipment in Europe slowed down in 2016 and is expected to come to a halt this year. Source: AFDJ eNews According to provisional calculations, sales in 2016 totalled EUR 3.33bn, a decrease of -2% compared with 2015. For 2017, the industry believes the market will stabilize once again […]
NAB that niche for agtech finance
Australia’s largest bank lender to the farm sector has seized on the emerging opportunities and synergies available to the financial services sector as new technologies and innovations change the face of agriculture. Source: The Australian National Australia Bank, which lends about one third of all agricultural debt financing in Australia and controls a loan book of $20 billion, […]
JCB goes F1 racing
JCB is entering into a partnership with Williams Martini Racing ahead of the 2017 season which will offer the company immense opportunities to promote its brand around the world. Source: AFDJ eNews As part of the partnership agreement, JCB branding will appear on the Williams Mercedes FW40 chassis and rear wing end plate from the start […]
AGCO to acquire Lely
AGCO announced that it has reached agreement in principle to acquire the forage division of Lely Group. Source: AFDJ eNews Lely’s forage division is a leading manufacturer of balers and loader wagons in Europe. The transaction is subject to regulatory approval and is expected to close in the fourth quarter of 2017. Furthermore, the process for employee consultation will now […]
EU AG vehicle accidents priority actions
Compared with accidents with other vehicles, the number of on-road accidents with agricultural vehicles in the EU is low. Source: AFDJ eNews The risk of being involved in an on-road accident is lower (-82%) per hour worked for new tractors (<13 yrs. old) than for old ones. With 56% of all road accidents with tractors […]
John Deere partners King Agro for carbonfibre parts
John Deere’s exclusive partner King Agro has opened a new facility at Picassent, near Valencia in Spain. Source: AFDJ eNews This is dedicated to the production of the revolutionary carbonfibre spray boom introduced last year on the new R4050i self-propelled sprayer. Representing an investment of over €8 million by the company, the new plant will work alongside an existing factory at Campana in Argentina […]