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LEMKEN France moves into new premises

 
LEMKEN, the specialist for agricultural technology, invested in a new sales and service site in Boigny-sur-Bionne near Orleans. France is LEMKEN’s most significant market after Germany. The company’s largest subsidiary therefore now not only has a prestigious location, but also more opportunities to present LEMKEN’s comprehensive range of products to local sales partners and farmers and to conduct training events.
 
LEMKEN invested a total of EUR4.5 million in this sales and service office. The customer and spare parts service aspect has been considerably expanded with 1,100 m² of warehousing space and an own workshop, enabling to serve end customers even better and more quickly. With over 1,300 m², the AgroForum, a large exhibition hall, offers plenty of space for demonstrations and events. AgroTraining additionally has a 400 m² hall and four training rooms to be able to familiarise sales partners and customers with the handling and practical application of our technology. Participants in training events can then apply their new knowledge directly on 4.4 hectares of arable land and try out our implements in field use.
 
A two-storey office building offers plenty of space not only for the team of 43 employees, but also for the future growth of the French sales organisation. Last year alone, the team around managing director Jean-Christophe Regnier grew by four new people. With its new office, LEMKEN has created optimal conditions for continuing to expand its market position in France.
 
Source : Lemken

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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.