Krone Group Earnings Drop Despite Stable Farm Machinery Sales
While turnover was back slightly at €2.3 billion in 2024/2025 (previous year €2.4 billion), the German Krone Group saw earnings fall from €107 million to €40.1 million.
Krone has developed a prototype reverse-drive forage harvester that has been undergoing testing in maize.
Anyone familiar with precision grass harvesting will remember the domination of the drum-type trailed harvesters of the 1980s and ‘90s.
This was overtaken by the popularity of flywheel type machines, which delivered more output, less fuel consumption and a better chance of surviving foreign object ingestion.
Those flywheel-based machines evolved from rear-linkage mounted, reverse drive machines that were the norm when forage maize became popular in northern Europe. This was at a time when self-propelled units were only just starting to appear.
German harvesting specialist Krone is now looking to turn the clock back and creating a sense of déjà vu with its latest development project – a prototype reverse-drive forage harvester that has been undergoing testing in maize.
Designed to be mounted on prime mowers like the Claas Xerion 5000 or the Fendt 1050, the prototype weighs over six tonnes and can be equipped with Krone’s six to 10 row maize, conventional grass pick-up or direct-cut, whole-crop headers.
It features a chopping cylinder from the Big-X harvester range, and hydraulically-driven header and feed rollers.
The prototype is said to be a match for Krone’s Big-X 480 cousin in terms of output and chop quality, with reduced fuel consumption and a significantly lower capital cost.
Penske Australia & New Zealand has appointed Stephen Kelly as the general manager of its Penske NZ operations, effective immediately In this role he will oversee all NZ branch operations, including energy solutions, mining, commercial vehicles, defence, marine, and rail, while continuing to be based at Penske’s Christchurch branch.
According to the latest Federated Farmers-Rabobank Farm Remuneration Report, released today, farm worker pay growth has levelled off after a post-Covid period of rapid growth.
The Climate Change Commission has recommended maintaining the current New Zealand Emissions Trading System (NZ ETS) settings but warns of a potential unit shortfall as early as 2028.
The Conservative Party warns that the upcoming free trade agreement between New Zealand and India may prioritise increased labour mobility while offering limited reassurance for New Zealand workers.
Southland District Council says it is actively managing the impacts of the current fuel supply challenges to ensure essential services across the district continue to operate safely and reliably.
A large crowd turned out for the last of the field days of the three finalists in this years Ahuwhenua Trophy to determine the top Maori horticulture entity in Aotearoa New Zealand

OPINION: When Donald Trump returned to the White House, many people with half a brain could see the results for…
OPINION: Media trust has tanked because of what media's more woke members do and say.