New telemetry solution
Part of the AGCO stable, Fendt, is introducing Fendt Connect – a new generation telemetry solution for Australian and New Zealand customers, said to offer improved productivity, efficiency, and profitability.
With a second wave of Covid-19 bringing Europe to a dramatic slowdown, as more severe lockdowns are imposed, reports suggest that product and parts supplies for the Australasian markets are likely to come under pressure.
It is likely to become a greater problem as we move into the second part of 2021. This is due to our growing season being the reverse of the Northern Hemisphere and falls at a time when there are annual factory summer shutdowns.
While production is continuing, with most manufacturers implementing lessons learned during “Lockdown 1”, the likelihood is that overall production levels will be difficult to maintain because externally-sourced key component supplies – such as hydraulic pumps, batteries and tyres – are said to be tight.
A further concern is that incoming President Joe Biden may take more effective control than his predecessor and place the US in some form of lockdown. This is likely to restrict supply – particularly of higher horsepower tractors and broadacre machinery.
“Covid-19 lockdowns are affecting component manufacturers in the supply chain, increased constraints at certain ports and interruptions to shipping are all making things challenging for importers,” says Peter Scott, NZ manager of AGCO New Zealand.
Rural News understands that there is also pressure on new product supply due to the ongoing “mini-boom” being experienced in the Australian market, driven by rains and its government’s capital allowance initiatives. The Tractor and Machinery Association of Australia is reporting year-to-date sales of tractors are up by 22%, with the eventual market likely to top 13,000 tractors – a first since the 1980s.
However, it suggests the Covid situation, resulting in lower production levels, is likely to add 12-16 weeks to typical delivery lead times.
Back in NZ, Alistair Horrocks, Deutz Fahr sales manager for Power Farming, confirms that whole-goods supplies are still flowing into New Zealand.
However, he says the typical six-month lead time from order placement to delivery has now blown out to around eight months.
“Any delays we are experiencing are largely caused by shipping issues, with empty containers hard to come by, finding slots on boats, then sailing being delayed or rescheduled,” he told Rural News.
Horrocks says that while the key German and Italian supply factories are managing the situation well and largely maintaining production levels, Power Farming is having to use extended forecasting to keep supplies arriving for its NZ, Australian and US operations.
Relationships are key to opening new trading opportunities and dealing with some of the rules that countries impose that impede the free flow of trade.
Dawn Meats chief executive Niall Browne says their joint venture with Alliance Group will create “a dynamic industry competitor”.
Tributes have flowed following the death of former Prime Minister and political and business leader, Jim Bolger. He was 90.
A drop in methane targets announced by the Government this month has pleased farmers but there are concerns that without cross-party support, the targets would change once a Labour-led Government is voted into office.
Farmer shareholders of meat processor Alliance have voted in favour of a proposed $270 million joint venture investment by Irish company, Dawn Meats.
The former chair of the Bay of Plenty Regional Council and farmer, Doug Leeder, says rural communities' biggest fear right now is the lack of long-term certainty over environmental regulations.
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