Deere & Company said today it will build a new manufacturing facility in northeast China to support the increased demand for large agricultural products in the region.
China has made one of its biggest-ever purchases of corn on overseas markets, buying 900,000 metric tons of American corn and showing that growing Chinese demand will play an ever larger role in global grain prices.
AGCO Corp. (AGCO), the maker of Massey Ferguson and Challenger farm equipment, will invest $300 million to $350 million over several years to design and manufacture tractors in China.
U.S. exporters sold 115,000 metric tons of corn to China, its first major sale of the grain to the world’s most-populous nation since 2001, according to U.S. Department of Agriculture data.
Seeing huge potential and growth in the Chinese agricultural market, India’s Mahindra &Mahindra's farm equipment sector has announced another $40 million investment in that market.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Titan Machinery’s Q4 and FY 2025 earnings, and the improvement in inventory levels over the last 2 quarters
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