Australian tractor sales are large
Australian tractor sales are being led by the larger end at present with sales in dollar terms now 10% up on an annual basis. Source: The Weekly Times The big ticket tractors above 200hp are experiencing boom conditions and the grain harvesters are getting set for a big season, up 11% for the month and […]
Comm Bank Agri Insights
The Commonwealth Bank has released its sixth Commonwealth Bank Agri Insights report and it shows one of the strongest results to date, with farmers intending to increase investment across the majority of aspects in their operations. Source: AFDJ eNews According the report nationally the Agri Insights index is sitting at 10.2 points, the second highest […]
Mahindra tractor growth 70%
Mahindra tractors has sold 29,035 units and registered a growth of 70% in the domestic market during September 2016. Source: AFDJ eNews Mahindra & Mahindra’s Farm Equipment Sector (FES), a part of the US$17.8 billion Mahindra Group, announced its tractor sales numbers for September 2016. Domestic sales in September 2016 were at 29,035 units, as […]
Deere outlook to improve in 18 months
Deere & Co was upgraded by a Wells Fargo & Co analyst who said the industry’s demand cycle will reach a bottom in the next year to 18 months. Source: Bloomberg That turnaround will mean improved sales volumes and margins in Deere’s fiscal 2017 and 2018, Andrew Casey said in a note, citing recent meetings with company executives. Mr […]
$30m R&D for farming
Rural Research and Development Corporations (RDCs) across the country are encouraged to apply for up to $30 million in new funding for cutting edge research to boost productivity and returns across the agricultural, fishery and forestry industries. Source: AFDJ eNews Deputy Prime Minister and Minister for Agriculture and Water Resources, Barnaby Joyce, announced the opening […]
Fendt finds it’s easy to be green
The new Fendt Nature Green is not a revolution, but rather an evolution because the Fendt green has been renewed several times in the history of this traditional company. Source: AFDJ eNews As an example it occurred because the ingredients of the paint changed and the lead was removed, or because there was a switch to low […]
JCB on the Fastrac
New South Wales spreading contractor Simon Manwaring expects his new agricultural tractor the JCB 4330 Fastrac to significantly improve his efficiency and provide him with greater flexibility in all weather conditions. Source: AFDJ eNews Mr Manwaring recently purchased the new 4220 Fastrac agricultural tractor for spreading lime, gypsum and granular fertilisers for his Harden-based contract […]
Backpacker tax rate cut for farm workers
The proposed 32.5% tax rate that was to apply to working holiday visa holders will be slashed to 19% following strong representations by The Nationals in Government. Source: AFDJ eNews Deputy Prime Minister and Minister for Agriculture and Water Resources, Barnaby Joyce, and Assistant Minister to the Deputy Prime Minister, Luke Hartsuyker, said the change recognised the importance of […]
TMA awards Landaco bulk spreader
A Riverina designed and manufactured bulk spreader has won the coveted Tractor and Machinery Association Award at the Henty Machinery Field Days. Source: AFDJ eNews The TMA award recognises the best new Australian designed and built agricultural machine and is judged by a panel of independent judges. It was presented by TMA chief executive officer […]
New tech tractors may overcome labour shortages
Autonomous tractors like the recently unveiled concept vehicle by Case IH could spur new and exciting career paths in agriculture as well as overcoming labour shortages that cost Australian farmers more than $150m a year. Source: AFDJ eNews According to a 2012 Senate inquiry into higher education and skills training to support future demand of […]