AGCO Reports 2025 Sales Decline but Expects Recovery in 2026
The parent company of Fendt, Massey Ferguson and Valtra – AGCO – reports lower net sales of around US10.1 billion in 2025, but forecasts a lift in 2026.
Global tractor and machinery manufacturer AGCO is never far from the news, so with the grass harvest about to start in New Zealand, two new products from the MF camp will get plenty of attention.
The MF TH7038 telehandler offers 3.8 tonne lift capacity to a height of 7m, using a high capacity 190L/minute load sensing pump and electro-hydraulic controls. Power is provided by a 3.4L, 4-cylinder Doosan engine developing 130hp to Tier 4 Final emission regulations.
The hydrostatic transmission offers two speeds, doubled by two mechanical ranges said to improve towing performance on the road and allow a maximum speed of 40km/h.
A wide comfortable cab makes use of large curved glass panels for visibility throughout the whole arc of movement of the boom, and precise control is achieved with the multi-function joystick that is electro-hydraulically actuated.
In operation, boom suspension and a cushion retract function help reduce shock loads on the machine, as well as improving operator comfort. Three steering modes allow easy manoeuvring in all situations, while an ECO mode controls engine speed and hydraulic flow to help reduce fuel consumption.
Out in the paddock, the recent sighting of the new MF 2370 UHD baler, ahead of its official launch at Agritechnica in November, will be of interest to farmers, straw merchants and hauliers.
Manufactured by AGCO partner Hesston, a specialist in balers, the 2370 is aimed at the ultra high-density market -- operators looking to clear paddocks quickly and achieve high tare weights for freight operations.
The drive-line of the new machine takes the 1000 PTO input from the tractor through a pedestal gearbox to spin the flywheel at a reported 1500rpm, from where a secondary gearbox drives the beefed-up plunger at 50rpm.
Ultra-high density is achieved by a longer, tapered bale chamber, and completed bales are secured by a six-knot tying system.
The machine is ISOBUS compatible and easily serviced: the fuse box, hydraulic valve bank and reservoir are all accessible from ground level.
And on the tractor front, MF parent AGCO recently bought 8ha of land and 30,000m2 of factory space adjacent to its tractor plant in Beauvais in France.
Dubbed the home of Massey tractors, the facility is already the largest producer and exporter of farm machinery in France. Next will come ‘lean’ manufacturing techniques and flexibility agreements with the workers’ union.
The subdivision and sale of the Rangiora's Coldstream Estate in 1921 was advantageous for not one, but four Cantebury families - but one in particular has become synonymous with outstanding Holstein Friesian cattle.
The Beef + Lamb New Zealand (B+LNZ) annual meeting held in Timaru today saw directors' fees raised and the appointment of KPMG as an auditor for the levy body.
A new Westpac NZ community banking van begins making visits around Northland this week.
New Zealand Food Safety (NZFS) is sharing guidance to prevent people from contracting listeriosis, a rare yet life-threatening foodborne illness.
As cost-of-living pressures continue to bite Kiwi households, the Fruit in Schools (FIS) programme is helping fuel learning and improve the health and wellbeing of 127,000 children and staff.
OPINION: Public opinion, political pragmatism and commercial and market reality have caused the Government to abandon introducing legislation into Parliament to legalise the shipment by sea of live animals - mainly cows - to overseas destinations.
OPINION: The good news keeps getting better for NZ dairy farmers.
OPINION: With export of livestock by sea dead in the water, opponents of the Gene Technology Bill think they can…