CNH Names Scott Harris President, North America in Major Global Leadership Team Change

Dec 19, 2024

CNH announced Dec. 16 leadership changes designed to capitalize on current market opportunities in its Agriculture business in the North America and Europe, Middle East and Africa (EMEA) regions. These developments will support the Company at this stage of the agricultural cycle, readying it for the upswing, according to the company.

Scott Harris will assume the role of President, North America, effective January 1, 2025. Markus Müller will join CNH as President, EMEA, effective March 1, 2025. The Company has selected these two new regional leaders based on their extensive experience and capabilities. Their leadership will be instrumental in executing CNH’s strategic goals and driving success in these regions.

With this announcement, Vilmar Fistarol is stepping down as President, North America, effective December 31, 2024, and he will remain in an advisory role with CNH during H1 2025. Furthermore, Carlo Alberto Sisto is stepping down as President, EMEA, with immediate effect.

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Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.