Gleaner Launches Best Value and Quality Machine With the Gleaner T Series Combine

Rhea-AI Summary

AGCO (NYSE: AGCO) has launched the Gleaner T Series combine, designed to deliver lightweight performance, superior control, and premium grain quality. Key features include:

1. Dura Drive™ ground drive system for improved performance and reliability
2. Two-speed transmission with a max speed of 25 mph
3. CVT-style multifunction lever and internal braking system for better control
4. Natural Flow processor and two-stage cleaning for grain quality
5. Deluxe cab option with integrated cameras and AutoTurn™ feature
6. Maximum access shield design and powered rotor reverse for easier maintenance

The Gleaner T Series will be showcased at the Farm Progress Show in Boone, Iowa, August 27-29, 2024.

Positive

• Launch of new Gleaner T Series combine with improved performance and features
• Dura Drive™ system and two-speed transmission for faster field operations
• Enhanced control with CVT-style lever and internal braking system
• Improved grain quality and cleanliness with Natural Flow processor
• Technology improvements in Deluxe cab option for better visibility and productivity
• Easier maintenance with maximum access shield design and powered rotor reverse

Negative

• None.

Insights

Agricultural Equipment Analyst

The launch of Gleaner's T Series combine represents a significant development in the agricultural machinery sector. This new series addresses key farmer pain points, potentially boosting AGCO's market position. The improved efficiency, with features like the Dura Drive™ system and two-speed transmission, could lead to increased productivity for farmers, potentially driving sales.

The focus on grain quality and cleanliness without sacrificing capacity is noteworthy, as it directly impacts farmers' profitability. The technology improvements in the Deluxe cab option, including integrated cameras and AutoTurn™, align with the industry trend towards precision agriculture. These features could provide AGCO with a competitive edge in the high-tech farming equipment market.

However, the financial impact on AGCO remains uncertain without pricing and sales projections. Investors should monitor market reception and future sales figures to gauge the T Series' effect on AGCO's revenue and market share in the competitive combine harvester segment.

Market Research Analyst

The Gleaner T Series launch reflects AGCO's strategic response to evolving farmer needs. The emphasis on value, efficiency and grain quality aligns with current market trends in agriculture, where farmers seek to maximize yields while minimizing costs. This product positioning could resonate well in the current economic climate, potentially expanding AGCO's customer base.

The technological advancements in the T Series, such as the CVT-style multifunction lever and AutoTurn™ feature, cater to the growing demand for smart farming solutions. This could help AGCO capture a larger share of the tech-savvy farmer segment. Additionally, the focus on ease of maintenance and reduced repair time addresses a critical pain point for farmers, potentially enhancing customer satisfaction and brand loyalty.

While the product seems promising, its success will ultimately depend on pricing strategy, marketing execution and how it compares to competitors' offerings in real-world performance. Investors should watch for initial sales figures and farmer feedback to gauge the T Series' market impact.

Gleaner T Series Delivers Lightweight Performance, Superior Control and Premium Grain Quality

DULUTH, Ga., Aug. 22, 2024 (GLOBE NEWSWIRE) -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, announces launch of the Gleaner T Series. The GL T Series was created with a farmer-focused design while still staying true to the values that Gleaner has delivered for more than a century. Gleaner will showcase the GL T Series during the Farm Progress Show in Boone, Iowa, August 27-29, 2024.

“This Series delivers lightweight performance, superior control and premium grain quality for the best value in your field,” Robert Ross, Marketing Manager for Gleaner, said.

The GL T Series was made for farmers to receive the best value while still having industry-leading efficiency and power. Gleaner is dedicated to upholding their values of reliability, technology, functionality and performance.

Key Benefits
Gleaner is setting a new standard when it comes to machines designed for farmers who need tasks done efficiently. The new Dura Drive™ ground drive system improves performance and reliability by getting to the field faster, staying there longer and providing better control while there. The shift-on-the-fly, two-speed transmission provides a wider range of speed with fewer gears, including a maximum speed of 25 mph. These two features can reduce the time spent between fields or waiting to shift between gears.

The planetary final drives improve reliability during harvest, and the differential lock keeps the machine moving in challenging ground conditions. The combination of the CVT-style multifunction lever and the internal braking system puts better control in the hands and at the feet of the farmer. Better comfort and confidence result from finer speed adjustment and more responsive brakes.

“Great grain quality and cleanliness are provided by the Natural Flow processor and two-stage cleaning without sacrificing capacity or grain loss,” Ross said. “Achieving more cost-efficient and cleaner harvests is made easier by the Series’ simple design and reduced repair time.”

In addition to the increased productivity, the technology improvements included with the Deluxe cab option provide better visibility and productivity. A better view of the area behind the combine and below the unloading auger comes from two integrated cameras in both locations. The AutoTurn™ feature reduces fatigue from turning in the headlands and increases productivity by lining up for the next pass. The effort needed to get back to harvest is reduced with the functional features of the maximum access shield design and the powered rotor reverse.

The new shielding gives farmers the ability to access more areas of the machine with less effort and reduces the amount of time to clean and maintain the machine.

“Gleaner understands that time is valuable, and we want to make sure that farmers can harvest quality yields without having to stop for maintenance,” Ross stated. “When unexpected field conditions create a blockage in the processor, the powered rotor reverse will reduce the effort and time to get back to harvesting.”

For more information on the GL T Series, visit our website or stop by AGCO Corporation’s booth at the Farm Progress Show.

Media Contacts
Bob Blakely, AGCO | Bob.Blakely@AGCOCorp.com | 770-232-8018
Ciarra Beckstrand | ciarra.beckstrand@flint-group.com | 701-240-1080

Gleaner is a registered trademark of AGCO. Gleaner T Series is a trademark of AGCO.

About AGCO 

AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers through its differentiated brand portfolio including core brands like Fendt®, GSI®, Massey Ferguson®, PTx and Valtra®. AGCO's full line of equipment, smart farming solutions and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $14.4 billion in 2023. For more information, visit www.agcocorp.com. For company news, information, and events, please follow us on X: @AGCOCorp. For financial news on X, please follow the hashtag #AGCOIR.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/679427fe-a8b0-4089-ad01-b353bc03ab1a

FAQ

What are the key features of the new Gleaner T Series combine from AGCO (NYSE: AGCO)?

The Gleaner T Series combine features the Dura Drive™ ground drive system, a two-speed transmission with 25 mph max speed, CVT-style multifunction lever, internal braking system, Natural Flow processor, two-stage cleaning, and optional Deluxe cab with integrated cameras and AutoTurn™ feature.

When and where will AGCO (NYSE: AGCO) showcase the new Gleaner T Series combine?

AGCO will showcase the Gleaner T Series combine at the Farm Progress Show in Boone, Iowa, from August 27-29, 2024.

How does the Gleaner T Series from AGCO (NYSE: AGCO) improve grain quality?

The Gleaner T Series improves grain quality through its Natural Flow processor and two-stage cleaning system, which provides great grain quality and cleanliness without sacrificing capacity or increasing grain loss.

What maintenance features does the Gleaner T Series from AGCO (NYSE: AGCO) offer?

The Gleaner T Series offers a maximum access shield design for easier access to machine areas and a powered rotor reverse to reduce effort and time when clearing blockages in the processor.