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AGCO Power Celebrates its 75th Anniversary

 
AGCO, a global leader in the design, manufacture and distribution of agricultural machinery and solutions, is celebrating the 75th anniversary of AGCO Power this year. AGCO Power is AGCO’s global engine brand known for top performance and durability.
 
“AGCO´s engine business, known today as AGCO Power, has delivered industry leading engines and power generation solutions for 75 years," said Martin Richenhagen, Chairman, President and CEO, AGCO Corporation. “We are proud to celebrate this great heritage and to announce that the one millionth AGCO Power engine was produced at our factory in Linnavuori, Nokia, Finland.”
 
More than 70% of AGCO products run with an AGCO Power engine. AGCO Power has been pioneering the development of emission reduction technologies and was first to launch SCR technology in agricultural machinery back in 2008. Today, its engines meet and exceed the latest emission regulations in the EU and the U.S. complying with the Tier 4 emissions standards. What’s more, AGCO Power engines are ready for stage V. Dr. Helmut Endres, Senior Vice President, Engineering, Worldwide said, “Within the EU, new emission regulations will be phased in gradually in 2019 and 2020. AGCO Power started its development for the stage V a number of years ago in order to be ready for the change. High-quality engines have already been tested in cooperation with our customers in the engine laboratory and in different applications.”
 
AGCO Power started manufacturing engines in Linnavuori 75 years ago. Later the factory became an important part of Valtra which was then acquired by AGCO in 2004. Ever since then AGCO has continuously invested in new product development, innovative engine technologies and increasing production capacities. Today, AGCO Power manufactures 3, 4, 6 and 7-cylinder diesel engines in four plants around the world, namely, in Linnavuori (Finland), Changzhou (China), Mogi das Cruzes (Brazil) and General Rodriguez (Argentina). Production volumes have multiplied over the past decades and reached more than 100,000 engines annually.
 
AGCO Power’s innovations have resulted in significant improvements in the combustion process and thus offer customers excellent fuel economy. Juha Tervala, AGCO Power’s Vice President and Managing Director, said, “As a pioneer in engine technology, AGCO Power will continue to invest in research and development to design reliable and durable engines for demanding off-road machinery applications. Among others, we are actively exploring renewable fuel alternatives and electric solutions. We are committed to develop the best engines that allow our customers to bring their input costs down.”
 
Source : AGCO

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2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid

Video: 2025 USDA December Crop Report a “Dud” + Trump $12 Billion U.S. Farm Aid


The USDA December crop report was friendly corn, neutral soybeans and bearish wheat. The USDA did surprise and increase the 25/26 U.S. corn export forecast to a new record high at 3.2 billion bushels now up 12% vs. last year vs. prior at +9% vs. the export pace to date up 30% the best in 10 years even higher than 20/21! The USDA left the 25/26 U.S. soybean export pace unchanged at 1.635 billion bushels. Higher global wheat supplies will remain a weight and headwind for wheat into year end and start of 2026.
Mexico is now the #1 buyer of U.S. corn, soybeans (usually China), wheat and pork!
USDA also released its long-term early projections but expect more changes by February of 2026.
Trump announces a $12 billion U.S. farmer aid package to be paid out by February 28, 2026. This helps no one but the ag banks, farm equipment companies, seed and fertilizer companies. It does prevent more farmer bushels from being sold near-term but is not bullish grain prices long-term. The Trump administration should focus on increasing U.S. domestic demand and propping up grain futures so farmers can cover their higher costs, up since COVID of 2020.
The China U.S. soybean purchase tracker now stands at 4.521 mmt or 38% of the 12 mmt promised by China at year end or is it end of February or the growing season? Why the discrepancy vs. the fact sheet. The optics are poor for the Trump administration.
After surging to contract highs U.S. natural gas futures plunged over 30+% in just 5-trading days!
Silver traded to new record highs as the debasement and de dollarization trade continued but technicals remain overbought near-term.
Soybean futures remained in correction mode after the funds went record long futures on Nov. 19 +233,000 contracts but the $10.80 support should hold into year end when the fund profit taking/liquidation comes to an end from the year end, end of month and end of quarter selling.
The U.S. Fed cut interest rates for the 3rd time by 25 basis points to a range of 3.50 – 3.75% and they will only cut one more time in 2026 and once in 20267/ but when Powell is gone next April the replacement is willing to cut more aggressively and we could see U.S. interest rates fall to 2.0% very bullish for ag and stocks as it could reignite inflation into 2027.
After 2 months of being drier than normal in Brazil the rains have finally arrived for the 1st half of December, and a record crop is still in the cards but if this pattern continues and verifies it could start to delay the harvest. Argentina after being too wet has turned dry but they are too small, compared top Brazil in the grand picture.
The Canadian dollar surged to $0.73 after better-than-expected employment data with 180,000 new jobs in the past 3-months and 3rd quarter GDP at +2.6% but this could be short-lived.
The latest CFTC report as of 11-19-2025 reported a record long fund position in soybeans at +233,000 contracts when 2026 March soybean futures peaked on 11-19-25 at $11.724/bu.