John Deere’s Prospective on Farm Economy & Tech

Jamie Johansen

“I’m an advocate for agriculture because I think it’s the finest industry in the world,” words spoken by John Lagemann, Senior VP, Sales & Marketing for the Agriculture and Turf Division, who has 35 years with John Deere and that in itself is a true testament. John had a busy schedule at the 2017 Commodity Classic, not only wearing his …

New Holland Acquires Grass & Soil Business

Jamie Johansen

New Holland Agriculture will expand its wide offering with new implement product lines as a result of CNH Industrial’s agreement to acquire the agricultural Grass and Soil business of Kongskilde Industries, part of the Danish Group Dansk Landbrugs Grovvareselskab. This business develops, manufactures and sells solutions for agricultural applications in the Tillage and Hay & Forage segments under various brands, …

Global Business Climate Remains Slow for Machinery

Lizzy Schultz

Results from the latest Agrievolution Business Barometer survey are showing that, while the global downturn in the agricultural machinery industry seems to have stabilized, global recovery is not in sight for the next six months, and the sector may stay at current low levels. The survey found that the global business climate index is back to the low level of …

US Equipment Exports Continue to Decline

Lizzy Schultz

Exports of U.S.-made agricultural equipment for first quarter 2016 are down 8 percent overall compared to first quarter 2015, with a total of $1.7 billion shipped to global markets. Europe and Central America each recorded double-digit gains, and the other world regions saw double-digit declines, led by Africa and South America, according to the Association of Equipment Manufacturers (AEM), which …

ANSEMAT Joins Agrievolution Alliance

Kelly Marshall

The Agrievolution Alliance is a global network of agricultural equipment manufacturers made up of more than 6,000 member companies.  The group has now announced the newest addition to their ranks, the National Association for Agricultural, Forestry and Landscaping Machinery (ANSEMAT) of Spain.  ANSEMAT represents 63 agriculture equipment manufacturing companies and 124 total companies.  This brings Alliance’s total to 14 equipment …

Kubota to Purchase Great Plains Manufacturing

Kelly Marshall

Kubota Corporation has announced plans to purchase Great Plains Manufacturing, Inc., based in Salina, Kansas.  The purchase will expand the current partnership with Land Pride and includes all five Great Plains divisions, their multiple facilities in Kansas and a manufacturing plant in England. “This acquisition aligns with our long-term strategic vision to continue our market expansion and provide high-quality products …

AGCO Teams with iMaps

Kelly Marshall

AGCO Corporation has announced a new partnership with iMaps.  Together the team is implementing QlikView, a business intelligence and visualization software that will allow AGCO to analyze a huge amount of complex data from a variety of sources both inside and outside the company to drive business forward.  This collaboration makes AGCO one of the first ag companies to embrace …

Used Equipment Value Calculator Released

Kelly Marshall

Iron Solutions has announced a new online product.  The company that created IRON Guides®, IRON HQ® and a full suite of equipment data and software products has now launched the IRON Guides Residual Value Calculator® for Used Equipment.  This new offering will be sold separetly from their current lineup of products. With historically high levels of used agricultural equipment being …

Small Tractor Sales Bolster Overall Market

Kelly Marshall

Given the climate for commodity prices, its not surprising to hear that sales for 2WD tractors over 100HP in the first quarter were down nearly 40 percent, compared to 2015.  The good new is the sale of under 40HP tractors is strong enough to offset the declines in larger equipment, says a report from Association of Equipment Manufacturers (AEM).  The total …

Deere and Hagie Enter Joint Venture

Kelly Marshall

Deere & Company and Hagie Manufacturing have entered into a joint venture.  Hagie is a national market leader when it comes to high-clearance sprayers.  In this new agreement Deere gains majority ownership of Hagie Manufacturing. The equipment produced in the current plant at Clarion, Iowa will continue to carry the Hagie brand, but sales and services will be integrated into …