Valtra Reaches 1000th CVT Transmission Milestone
AGCO’s Valtra brand has announced a production milestone at its Suolahti, Finland, factory with the completion of the 1000th AGCO continuously variable transmission (CVT).
French media reports suggest that the MF production lines at Beauvais was shut down after a recent ransomware attack.
The need for vigilance in the digital age has become a reality for the agribusiness sector.
This follows recent news that global tractor and machinery manufacturer AGCO released a short statement in early May noting that a ransomware demand had adversely affected its business operations.
The manufacturer of brands such as Massey Ferguson, Fendt and Valtra said some of the company’s production facilities had been affected and it was likely to take several days or longer to restore all operations back to normality. That process would include reinstalling software and restoring IT software at the affected sites.
Reports in the French media suggest that the MF production lines at Beauvais were shut down during the episode, with worker sent home after servers at the plant were rendered inaccessible. Likewise, German media was reporting a similar situation at AGCO’s Bavarian sites as the IT outage continued.
Although there have been no further announcements since the May notification, dealers have been contacted to advise of the actions being taken to rectify the problem. Inhouse emails are suggesting that the entire parts system was knocked out and attempts to restart it were only partly successful, with invoicing at crediting functions still down.
It appeared that parts could still be ordered and dealer inventories were able to be viewed, but order processing and deliveries were restricted.
On a broader scale, it appears that ransomware attacks are becoming more common, with US cyber-security specialists Sophos noting that there had been a 37% increase in such events between 2020 and 2021. It also notes that 45% of businesses “paid up” in the hope of ending the disruption. It is not known if AGCO paid any such ransom demand.
In an age where farmers and producers are being encouraged to place more faith in digital technologies for increased efficiency, while at the same time turning over more information to manufacturers, questions have been raised about what happens when digital crimes shut such systems down.
Who will be responsible for such systems if they are hacked, the manufacturer who installed them or the farmer/producer end user?
The attack on AGCO might serve as a timely reminder for farmers, growers and manufacturers and their distributors.
The 2026 Holstein Friesian NZ Black & White Youth Auction has once again proven the strength of support behind the breed’s young people, raising $20,130 for the HFNZ Black & White Youth programme.
Westpac NZ has become the first New Zealand bank to receive approval from the Reserve Bank of New Zealand (RBNZ) to secure and leverage kiwifruit growers' Zespri shares.
Bank of New Zealand (BNZ) and Pāmu (Landcorp Farming Limited) have developed a new way for landowners to earn revenue from existing native forests.
Despite near universal optimism in the rural sector, a panel of New Zealand’s leading food and agri minds caution that the sector must be intentional about its future path.
The dairy industry cannot rest on its laurels despite providing one in every four export dollars earned by the country, says DairyNZ chief executive Campbell Parker.
The Government is looking at intervening on behalf of Waikato farmers who face new regulations around agricultural land use while Resource Management Act (RMA) reforms are underway.

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