Deere a big exporter of Indian tractors
John Deere India has emerged as one of the largest tractor exporters from India. Source: The Financial Express The company, a subsidiary of Deere & Company, exported 24,000 tractors made in India during the last fiscal year. The company exports to 110 countries. Deere & Company is sourcing the lower HP tractors from India to address the demand for […]
UK tractor sales drop
The Agricultural Engineers Association in the UK has released its half year tractor statistics, which continue to show a drop in sales but a gradual increase in average power. Source: Farmers Weekly UK The first six months of 2016 saw 5382 agricultural tractors over 50hp registered for road use, which worked out as a 9.8% decrease compared with the 5970 […]
Fastrac on track for 25 years
JCB is celebrating 25 years production of the Fastrac – a range of agricultural tractors that remain unique and continue to offer farmers and contractors a combination of features and performance advantages resulting in high levels of productivity and utilisation. Source: AFDJ eNews It was JCB chairman Anthony Bamford who struck on the idea of manufacturing […]
Russia in a rush for more tractors
In an attempt to shift the economy from raw materials, Russia is putting effort into the agriculture sector. Source: RT From January to June, the country produced 35% more tractors and harvesters than in 2015. “The growth of the industrial production of agricultural machinery could be estimated at double-digit figures. The increase in production of combine harvesters in the first half exceeded 35% year […]
Quarterly tractor sales generally buoyant in NZ
“New Zealand Tractor sales are relatively buoyant, despite the current dairy payout,” according to NZ Tractor and Machinery Association President, Mark Hamilton-Manns. Source: AFDJ eNews The second quarter results of New Zealand tractor sales, compiled by the NZ Tractor and Machinery Association, show tractor sales declined slightly, by 8.5%, compared with the same quarter last […]
Global Escorts for farm machinery
Escorts , one of India’s tractor manufacturers has unveiled its global ambitions with the launch of 13 new tractors in 12HP to 110HP range under flagship brands Farmtrac, Powertrac, and Euroline. Source: Economic Times India The series will cater specifically for the world market. This heralds the foray of the engineering conglomerate in the newer and bigger horsepower range of 12HP […]
AGCO acquires Cimbria
Agco, a worldwide manufacturer and distributor of agricultural equipment, announced that it has agreed to acquire Cimbria Holdings Ltd for approximately US$340 million from Silverfleet Capital. Source: AFDJ eNews Cimbria, based in Thisted, Denmark, is a leading manufacturer of products and solutions for the processing, handling and storage of seed and grain. The transaction is subject to regulatory approval […]
World market analysis for ag equipment
World agricultural equipment market data analysis is available that includes current and historical data as well as forecasts. Source: AFDJ eNews World Agricultural Equipment analyzes the worldwide agricultural equipment industry and presents historical data (2004, 2009 and 2014) plus forecasts (2019 and 2024) for supply and demand, as well as demand by type in 6 regions […]
Claas adds to its digital future
CLAAS is investing in the digital future, and recently laid the foundation stone for a new electronics development centre in the town of Dissen, southern Lower Saxony in Germany. Source: AFDJ eNews “Information and communications technologies will play key roles in the future of CLAAS. We selected the location carefully, and are delighted that we […]
Case IH lends a hand to charities
Case IH recently launched the Farmall Local Community Program, working with its dealer community to lend a helping hand to local charities and clubs in regional Australian towns. Source: AFDJ eNews For each Farmall machine sold up until 31 October, Case IH will contribute $200 to the dealer’s nominated locaI cause – a charity, sporting […]