First quarter AGCO sales take a small hit

AGCO Massey Ferguson

Massey Ferguson, Fendt and Valtra manufacturer, AGCO, has booked first quarter sales worth AU$2.95 billion, a decrease of approximately 3.4 per cent compared to the first quarter of 2019. The company’s production operations in China and Europe were both adversely hit by the COVID-19 pandemic but North America proved to be resilient with production levels […]

CNH Industrial first quarter results mark steep agricultural decline

As part of its first quarter 2020 financial results announcement, CNH Industrial noted worldwide agriculture industry demand was significantly down. Global demand for tractors was down 15 per cent and combines down 11 per cent. The demand slowdown for tractors in the month of March alone was some 36 per cent. In North America, tractor […]

Mega vintage tractor sale

At first glance it’s a paddock full of dust-covered junk. At second glance it’s a field of dreams. South Canterbury man Ross Kinsman collected so many vintage tractors over his lifetime that it has taken four months to bring them together for the final time on his farm just north of Fairlie. Source: Stuff.co.nz More than 100-strong, the line of tractors stretches for 800 metres […]