Krone Group Earnings Drop Despite Stable Farm Machinery Sales
While turnover was back slightly at €2.3 billion in 2024/2025 (previous year €2.4 billion), the German Krone Group saw earnings fall from €107 million to €40.1 million.
Krone has developed a prototype reverse-drive forage harvester that has been undergoing testing in maize.
Anyone familiar with precision grass harvesting will remember the domination of the drum-type trailed harvesters of the 1980s and ‘90s.
This was overtaken by the popularity of flywheel type machines, which delivered more output, less fuel consumption and a better chance of surviving foreign object ingestion.
Those flywheel-based machines evolved from rear-linkage mounted, reverse drive machines that were the norm when forage maize became popular in northern Europe. This was at a time when self-propelled units were only just starting to appear.
German harvesting specialist Krone is now looking to turn the clock back and creating a sense of déjà vu with its latest development project – a prototype reverse-drive forage harvester that has been undergoing testing in maize.
Designed to be mounted on prime mowers like the Claas Xerion 5000 or the Fendt 1050, the prototype weighs over six tonnes and can be equipped with Krone’s six to 10 row maize, conventional grass pick-up or direct-cut, whole-crop headers.
It features a chopping cylinder from the Big-X harvester range, and hydraulically-driven header and feed rollers.
The prototype is said to be a match for Krone’s Big-X 480 cousin in terms of output and chop quality, with reduced fuel consumption and a significantly lower capital cost.
A partnership between Canterbury milk processor Synlait and the world's largest food producer, Nestlé, has been celebrated with a visit to a North Canterbury farm by a group including senior staff from Synlait, the Ravensdown subsidiary EcoPond, and Nestlé's Switzerland head office.
Canterbury milk processor Synlait is blaming what it calls "a perfect storm" of setbacks for a big loss in its half year result for the six months ended January 31, 2026.
More of the same please, says Federated Farmers dairy chair Karl Dean when asked about who should succeed Miles Hurrell as Fonterra chief executive.
A Waikato farmer who set up a 'tinder' for cows - using artificial intelligence to find the perfect bull for each cow - days the first-year results are better than expected.
Fonterra says it's keeping an eye on the Middle East crisis and its implications for global supply chains.
The closure of the McCain processing plant and the recent announcement of 300 job losses at Wattie’s underscore the mounting pressure facing New Zealand’s manufacturing sector, Buy NZ Made says.

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