Furio Oldani At the end of March, tractor registrations since the beginning of the year had shown a decline of over 25 percent, causing significant concern in the sector. It was known that the market would decrease with the end of incentives, but no one expected it to do so so significantly and rapidly. However, by May, the decline had already eased, settling at a value slightly above 19 percent, which further improved to just under 17.5 percentage points in June, thirty days later. It is obviously difficult to determine…
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Top Ten 2023 tractors: the definitive rankings
In this article, we present the Top Ten 2023 rankings along with detailed commentary based on national market trends. It is worth noting that approximately 80 percent of the hundred tractors listed are the same models, albeit updated in features and possibly with revised names, that have dominated the Top Ten for years. This indicates a non-explicit traditionalism permeating the sector, contributing to the slow adoption of technical innovations provided by manufacturers. Ranking, Top Ten 2023 tractors Market Leader 2023: New Holland “T5.120” New Holland “T5.120” claimed the top spot,…
Read MoreThe harsh law of the honey market
According to a report released by the U.S. Department of Agriculture in March 2024, honey production in the United States increased by 11 percent in 2023 compared to 2022, despite a six percent decrease in bee colonies. Each colony produced an average of 17 percent more than the previous year, providing about 25 kilograms annually on average. Meanwhile, as per the law of supply and demand, honey prices decreased by 16 percent, falling to just over five dollars per kilogram compared to over six dollars in 2022. Additionally, American beekeepers…
Read More30 months after the acquisition
In 2021, Kubota acquired the Spanish company “Pulverizadores Fede,” officially announcing the acquisition in October of the same year. Approximately 30 months later, the first return on this acquisition emerged: an autonomous self-propelled sprayer named “Kast.” This machine allows for a variety of phytosanitary treatments either fully autonomously or through remote management, both activities being supported by artificial intelligence software. The machine moves using its own internal combustion propulsion system, which ensures the necessary autonomy. Specific cameras and sensors control its movement and spraying while the aforementioned artificial intelligence detects…
Read MoreWine innovation
The uncertainties of the global economic and geopolitical landscape, amid climate crises, energy shocks, and inflation, have not dampened the spirit of innovation among Italian winemaking companies. This was revealed in a recent study by Ismea, conducted on a sample of 197 winemaking companies, which highlights that three out of four companies in the sector invested between 2017 and 2021 to renew structures and modernize plants and processes. An even higher percentage, 78 percent, also expressed their willingness to invest in the next five years, despite the rather critical situation…
Read MoreThe deep red of the market
The first five months of 2024 saw tractor registrations drop from around 8,300 units in 2023 to about 6,700, a decline of over 19 percent. On paper, this is a significant recovery compared to the roughly 25 percent drop recorded at the end of March, but the reality behind the numbers is quite different and aligns with the predictions previously made by Cema, the European association of the sector’s manufacturers. In May, CEMA indeed proposed slightly rising economic climate indices, suggesting the end of the recessionary period that began 14…
Read MoreGuaresi Group, target 65 million
The Guaresi group, world leader in the tomato harvesting machine sector and headed by the Hyle Capital Partners investment fund, after acquiring the Grim and Hortech companies last April, created the Fyeld industrial group with the aim of fully control the agronomic cycles of tomatoes, peppers and root vegetables with the most advanced technological solutions. From this perspective, Grim will make available the skills acquired in the self-propelled sprayer boom sector and Hortech’s expertise in machinery for soil preparation, transplanting and harvesting horticultural products. The deep integration of the three…
Read MoreCnh Industrial, lots of lights, some shadows
Revenues and Profits Drop by Double Digits for Cnh Industrial in the First Quarter of 2024. The multinational company, which is controlled by Exor, recorded total revenues of $4.818 billion in the first three months of this year, a figure 10% lower than the $5.342 billion achieved in the same period of the previous year. Even more marked is the decline in operating revenues, which decreased by 14% year-on-year, dropping from $4.776 billion in the first quarter of 2023 to $4.131 billion this year. In light of these figures, net…
Read MoreThe brake of Germany
The German locomotive is slowing down. After a largely positive 2023, which saw national production reach 15 billion euros, the German agricultural machinery industry has entered a phase of order contraction this year, affecting both the domestic market and exports indiscriminately. This was revealed in the report presented by VDMA, the division that groups agricultural machinery manufacturers within the German Mechanical Engineering Industry Association. The report indicates that the outlook for 2024 is bleak, both due to order books being the emptiest they have been in three years and considering…
Read MoreEuropean elections 2024, tips for use
Like it or not, Europe is currently just a free association of states, aimed at protecting and developing a common economy. It was indeed born as the “European Economic Community” and, although since then unionistic ambitions have greatly increased to create a socio-political entity similar to the United States of America, in practice the goal is still far away. A shift to accelerate It’s a shame, considering that many recent events, from the Covid epidemic to Russia’s invasion of Ukraine, have shown that a concrete shift towards a federal system…
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