Farms.com Home   Ag Industry News

AEM partners with Euro counterpart to enhance global alignment on key ag manufacturer issues

AEM partners with Euro counterpart to enhance global alignment on key ag manufacturer issues
Dec 20, 2024
By Andrew Joseph
Assistant Editor, North American Content, Farms.com

In the photo above, Curt Blades (centre), the Senior Vice President of the Association of Equipment Manufacturers (AEM), shakes hands with Jelte Wiersma (right), the Secretary General of the European Agricultural Machinery Association (CEMA), signifying an agreement of enhanced cooperation between the two associations on key global issues affecting the agricultural machinery industry. Photo courtesy of AEM.

The Association of Equipment Manufacturers (AEM) and the European Agricultural Machinery Association (CEMA) have signed a Memorandum of Understanding (MoU) to enhance advocacy efforts for the agricultural equipment industry.

The agreement seeks to create a positive legislative and regulatory environment across the Atlantic and globally, ensuring alignment on key issues impacting manufacturers in both regions.

It establishes a framework for the two organizations to work together toward alignment, achieving mutual recognition, ensuring regulatory compliance, and harmonizing practices and standards in several key areas that impact agricultural equipment manufacturers today.

Signed last month at two major industry events—EIMA International in Bologna, Italy, and AEM’s Annual Conference in Palm Springs, California—the agreement formalizes the partnership between the two associations.

“With the signing of this Memorandum of Understanding, AEM and CEMA look forward to enhanced collaboration in order to address key issues of importance and ensure there is alignment between Europe and the US as it relates to our two very important global machinery markets,” commented Curt Blades, Senior Vice President, AEM.

The MoU specifies areas where the associations have agreed to increase cooperation:

  • Engine emissions;
  • Autonomous equipment;
  • Cybersecurity;
  • Machine safety and technical requirements;
  • Advanced technology in agriculture, and;
  • Sustainability.

“This agreement strengthens the transatlantic connection between AEM and CEMA, as we work together to support agricultural equipment manufacturers as they build the products that help feed our world,” explained Jelte Wiersma, CEMA’s Secretary General.

By focusing on these shared priorities, the associations look to help the agricultural machinery industry navigate global markets while advancing innovation, sustainability, and safety standards for the benefit of manufacturers and farmers alike.

The AEM is a North American trade organization representing off-road equipment manufacturers and their value chain partners. For over 125+ years, it has served over 1,100 member companies across 200+ product line sectors such as construction, agriculture, mining, utility, and forestry.

CEMA represents the European agricultural machinery industry, itself containing 11 national member associations. Its membership includes large multinational companies and numerous European SMEs in the sector, representing some 1,300 manufacturers producing more than 450 different types of machines. Member companies produce a range of machinery covering, for example, in-the-field seeding to harvesting and equipment for livestock management.


Trending Video

Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.