AGCO and TAFE conclude commercial partnership with $260m share buyback
AGCO Corp has agreed with TAFE to resolve all outstanding disputes and matters related to their commercial relationship.
Industry leading technology will be plentiful on the AGCO site at Fieldays, says New Zealand manager Peter Scott.
“Our focus this year is on industry leading technology with our Fendt, Massey Ferguson and Valtra brands, showing AGCO’s investment and commitment, particularly in the technology space.”
The Fendt 1000 series tractor occupies a new segment with its power output, and ingeniously combines compact design, high manoeuvrability and visibility with cutting edge technology and cabin comfort, Scott says.
The Fendt 1000 series, with power up to 500hp, suits many different applications such as seeding, pulling a chaser bin, spraying and baling, which until recently may have required farmers to own several tractors that “can spend a lot of time in the shed,” says Donny Cloney, product manager for Fendt.
Also on the site will be the new Massey Ferguson 8700 S with its improved power, comfort, usability, efficiency and reliability.
“The new MF 8700 S exemplifies our pragmatic approach to developing the highest levels of technology which are easy to use, while delivering tangible benefits and high performance to owners and operators alike,” says John Horan, product manager for Massey Ferguson.
The Valtra N and T Series will show the Valtra SmartTouch which has raised usability to new levels, making it even more intuitive than a smart phone.
“What makes Valtra SmartTouch so extraordinary is that settings are easily accessible with only two taps or swipes,” says Paul Morris, Valtra product manager Australia and New Zealand.
Fitted on the N, T, and S series, Valtra SmartTouch is available on tractors in the 135 to 405hp brackets.
Valtra SmartTouch symbolises Finnish design with its intelligent solutions that make using a tractor more productive. Using ergonomic design and first-class materials, SmartTouch is designed with the farmer in mind. It even has safety features built in to prevent accidental use of linear levers.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.