Buhler Industries Reports 3Q Revenue Up 38.6%

Nov 21, 2024

Buhler Industries today reported results for Q3 Nov. 14, 2024. Revenue for the quarter was up 38.6% coming in at $83.3 million compared with $60.1 million in the prior year third quarter. Revenue for the first nine months of 2024 was $232.8 up $49.0 from 2023. The Company has been successful in improving its supply chain issues and is able to better meet its customer demand for agricultural equipment.

Net income for the third quarter was $6.7, compared to net loss of $1.4 for the same period in 2023. For the year to date, net income was $11.8, compared to net income of $18.8 in the prior year. Contributing to the increase in profit in the quarter was an increase in income from operations of $10.1, an increase in gain on foreign exchange of $0.9 and a decrease in research and development expense of $1.6. This was offset by a decrease in gain on asset disposal of $0.5, a decrease in interest income of $0.9 chiefly related to a SRED refund from prior years, an increase in interest expense of $1.9 and a decrease in income taxes recovered of $1.2. Prior period income tax recovered was primarily due to SRED tax refunds.

Sales for 2024 are projected to outperform 2023 sales as the company continues to focus on improving its supply chain and continues to enjoy demand for its product. The Company’s majority shares were acquired by ASKO Sinai, a wholly-owned subsidiary of ASKO Holding, on December 28, 2023 and continues to receive full support from ASKO Sinai to achieve its sales growth and return to profitability. Margins are projected to improve in 2024 over 2023 as a result of operating efficiencies st

Source : Farm Equipment

Video: Seeing the Whole Season: How Continuous Crop Modeling Is Changing Breeding

Plant breeding has long been shaped by snapshots. A walk through a plot. A single set of notes. A yield check at the end of the season. But crops do not grow in moments. They change every day.

In this conversation, Gary Nijak of AerialPLOT explains how continuous crop modeling is changing the way breeders see, measure, and select plants by capturing growth, stress, and recovery across the entire season, not just at isolated points in time.

Nijak breaks down why point-in-time observations can miss critical performance signals, how repeated, season-long data collection removes the human bottleneck in breeding, and what becomes possible when every plot is treated as a living data set. He also explores how continuous modeling allows breeding programs to move beyond vague descriptors and toward measurable, repeatable insights that connect directly to on-farm outcomes.

This conversation explores:

• What continuous crop modeling is and how it works

• Why traditional field observations fall short over a full growing season

• How scale and repeated measurement change breeding decisions

• What “digital twins” of plots mean for selection and performance

• Why data, not hardware, is driving the next shift in breeding innovation As data-driven breeding moves from research into real-world programs, this discussion offers a clear look at how seeing the whole season is reshaping value for breeders, seed companies, and farmers, and why this may be only the beginning.