The 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…

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Guaresi Group, target 65 million

gruppo guaresi

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 and a turnover target of 65 million. 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…

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Cnh 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…

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The 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…

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European elections 2024, tips for use

elezioni europee consigli

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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Record for the italian agriculture 4.0

New record for the Italian Agriculture 4.0 market, which in 2023 reached a turnover of two and a half billion euros, a 19 percent increase compared to the previous year. This is the finding of a recent study conducted by the Smart Agrifood Observatory of the School of Management of the Politecnico di Milano. The study highlights that although investments continue their growth trend, in a year characterized by the significant impact of climate change on the national primary sector, the areas of investment for Italian agricultural companies are changing.…

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Farmers’ protests, the point with the spotlights off

The farmers’ protests against the most absurd regulations proposed by the Common Agricultural Policy (CAP) began in Germany a few months ago when Olaf Scholz’s government decided to eliminate subsidies for agricultural diesel. The fuel issue was merely the spark for a protest that quickly spread across Europe with partly local motivations but two common denominators. One was linked to the Common Agricultural Policy, characterized by the “Green New Deal” program primarily developed by Dutchman Frans Timmermans and supported by the current European government. ù Another point of contention was…

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Agriculture before the tractor

The history of agricultural mechanization is closely linked to that of the tractor. However, the tractor was the result of an evolution that began in the very early 1700s when steam engines began to spread, units which for the industrialization of the Western World can be considered akin to the “Big Bang” that gave rise to the Universe. The first agricultural tractors produced in limited series appeared in the United States in 1892 but were called “gasoline traction engines” or “traction engines.” A few years later, at the beginning of…

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Python meat coming soon

Between now and 2050 it is known that agriculture and animal husbandry will have to feed many more people than currently. At an agricultural level, production will have to be forced to achieve higher specific yields, while in the livestock sector we are thinking about alternative meats to the current ones. Among these, and in pole position in the East, is python meat, a food which, according to a study published by the magazine “Scientific Reports”, offers high-yield proteins and low levels of fat with a low environmental impact. It…

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Tractor brand “Ursus” closes

The Polish brand “Ursus” leaves the scene. Born in 1893, he was for a long time a protagonist of the agricultural mechanization of Eastern Europe, but for some time he had entered into a debt spiral which on March 14 last induced the owners of the Dutch mixer wagon manufacturer Trioliet not to oppose the proposal bankruptcy filed in the Warsaw court by creditors Getin Noble Bank and Pko Bp. Now the entire production assets and the rights relating to the Ursus brand have been auctioned with a starting price…

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