China’s need for agricultural imports remains significant since they are faced with providing food for nearly one-third of the world’s population. The past decade has produced a growing middle class in China that has demonstrated an increased demand for not only basic foods, but also for high quality products that are only available from other parts of the world.
“This year, given all the changes and the excess supply of commodities, will probably be the hardest ever to figure out,” says Ann Duignan, U.S. machinery analyst and managing director of New York-based J.P. Morgan. “2017 is going to be a very interesting year.”
The rapid growth of emerging markets worldwide is creating unprecedented demand for farm machinery, according to the Agrievolution Alliance, a global alliance of agriculture equipment manufacturing associations.
The Export-Import Bank of the United States (Ex-Im Bank) announced today a pair of comprehensive guarantees of two HSBC loans totaling $55.6 million to support the export of American aircraft and agricultural machinery to China. Ex-Im Bank's financing will support approximately 400 U.S. jobs across the United States.
Lianyungang GKN Huading Wheels Company celebrated its opening day on 10 April, with employees and senior management executives from both JV companies enjoying dragon and lion dances, performed alongside team-building events and speeches.
The Agricultural Equipment Industry in China presents an in-depth analysis on the state of Chinese agriculture and the potential of the country's farm equipment industry. This report not only provides a historical perspective on farming and farm equipment in China, but it acts as a valuable reference for manufacturers wishing to do business there.
China has a strong presence in trade for many commodities. China's soybean imports have risen sharply over the past 10-15 years, and now account for more than half of world trade.
CNH Global N.V., a worldwide leader in the agricultural and construction equipment business and part of Fiat Industrial, announced today it will build a new manufacturing plant in Harbin, in the Heilongjiang Province, northeast China, with an initial investment of USD 90 million.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at CNH Industrial’s goals for growing its precision business by 2030.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
At Machinery Scope, we believe you deserve the best risk management solutions for your investments in heavy equipment. Since 2013, we have been proud to offer extended warranty, appraisals, and inspections. Machinery Scope is a family-owned business built on our experience in farming and equipment dealerships. We understand your business and provide a personalized and professional level of customer service. Machinery Scope has built a strong warranty product with our customers in mind, offering the same professional level of service from the time you get a quote, through the processing of a claim.
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