AGCO Reports $1.4 Billion in 2023 Tractor Revenue
Ag Equipment Intelligence
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6d ago
Revenue from replacement parts was up 3.8% year-over-year to $421 million ..read more
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Farmer Sentiment Improves as Interest Rate Expectations Shift
Ag Equipment Intelligence
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6d ago
U.S. farmers’ outlook improved in March as the Purdue University/CME Group Ag Economy Barometer index increased to 114, 3-points higher than in February ..read more
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Lindsay Announces Agreement to Acquire a Minority Interest in Pessl Instruments
Ag Equipment Intelligence
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6d ago
Pessl boasts more than 80,000 connected in-field data collection devices globally, with 50,000 active customers using its FieldClimate online interface ..read more
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Oxbo Acquires Westside Equipment Co.
Ag Equipment Intelligence
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6d ago
Oxbo, a manufacturer of specialty harvesting and controlled application equipment, announced the adoption of the Oxbo brand across the Westside Equipment portfolio of products and locations.   ..read more
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Bob Howard Luxury Auto Group Acquires Lakewood, Colo., Dealer Universal Tractor Co.
Ag Equipment Intelligence
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6d ago
Performance Brokerage Services, North America’s highest volume dealership brokerage firm, announced the sale of Universal Tractor Co. in Lakewood, Colo., from the McCarty family to Bob Howard Luxury Auto Group ..read more
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Art's Way AG Utilizes Momentum for Difficult AG Market Ahead
Ag Equipment Intelligence
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6d ago
Art's Way Manufacturing releases first quarter results for fiscal 2024, with an overall loss in net income compared to Q1 of 2023.  ..read more
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[Technology Corner] Future of Drone Use in U.S. Brighter After FAA Regulation Change
Ag Equipment Intelligence
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6d ago
Big news in the drone world — the Federal Aviation Administration recently granted Texas-based drone builder Hylio a regulatory exemption that will allow it to swarm its heavy-lift drones with only one operator in control ..read more
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Change to FAA Regulation Allows 1 Operator to Fly 3 Sprayer Drones
Ag Equipment Intelligence
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2w ago
The FAA recently granted Texas-based drone manufacturer Hylio a regulatory exemption that allows 1 operator to simultaneously pilot 3 heavy-lift drones instead of requiring an operator and observer per 1 drone over 55 pounds.  posted on March 28, 2024 ..read more
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[Technology Corner] Dealers Just Scratching the Surface of Autonomy Retrofit Kits
Ag Equipment Intelligence
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2w ago
We’ve covered autonomy extensively here in the Technology Corner. We’ve seen retrofit kits used for mowing and tillage, but what about planting cover crops? Jake Warford, precision specialist with Linco-Precision in Nokomis, Ill., tell us they’re just scratching the surface when it comes to implementing autonomy in their customers’ operations ..read more
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One Equity Partners Invests in Italian Agricultural Tractor Attachment Manufacturer CBM
Ag Equipment Intelligence
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2w ago
One Equity Partners, a middle market private equity firm, today announced that it has made a minority investment in agricultural tractor attachment equipment maker CBM ..read more
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