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.
With the current situation in the European farm machinery market being described as difficult at best, it’s perhaps no surprise that the upcoming AgriSIMA 2026 agricultural machinery exhibition, scheduled for February 2026 at Paris-Nord Villepinte, has been cancelled.
The Meat Industry Association of New Zealand (MIA) has launched the first in-market activation of the refreshed Taste Pure Nature country-of-origin brand with an exclusive pop-up restaurant experience in Shanghai.
Jayna Wadsworth, daughter of the late New Zealand wicketkeeper Ken Wadsworth, has launched an auction of cricket memorabilia to raise funds for I Am Hope's youth mental health work.
As we move into the 2025/26 growing season, the Tractor and Machinery Association (TAMA) reports that the third quarter results for the year to date is showing that the stagnated tractor market of the last 18 months is showing signs of recovery.
DairyNZ chair Tracy Brown is urging dairy farmers to participate in the 2026 Levy vote, to be held early next year.
Beef + Lamb New Zealand (B+LNZ) is calling for nominations for director roles in the Eastern North Island and Southern South Island electoral districts.
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