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Where are there growth opportunities for CLAAS? What markets are in flux?


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32.5 million metric tons

Russia is the world’s leading exporter of wheat – with some 32.5 million metric tons in the 2017/18 season. Abundant inventories and competitive prices proved beneficial to the export business. And the boom continues: Russia is expected to be the leader again in the season ahead.

10 billion dollars

India’s most influential think tank launched a blockchain project in 2018 that aims to strengthen the country’s agriculture sector. The goal: to make smarter use of the subsidy industry amounting to 10 billion U.S. dollars – especially on behalf of farmers. Blockchain technology is meant to improve the distribution of subsidies and the regulation of organic food production.

2020

China’s agricultural policies are changing radically. By 2020, the country hopes to have reached a major turning point when it comes to farming. Above all, the aim is to feed its growing population. Beijing therefore wants to expand support for the agriculture sector and promote sustainable production methods along with innovations. The Five-Year Plan also includes in-­depth research in agricultural biotechnology.

1°C

Global warming is increasing. Only a handful of regions on Earth have cooled down, and one of those places is the Midwest in the United States, where the average temperature in recent decades has dropped by 1 degree Celsius. How come? Farming. Currently, some 400 million tons of corn is produced each year in the Midwest. So much water evaporates from the large leaves of the corn crops that it creates a cooling effect.

23.3 billion dollars

Harvest robots, drones that sow crops, and autonomous agricultural equipment have a bright future – and rosy sales prospects. Market analysts expect to see tremendous growth for the agriculture sector in North America. By 2024, sales are projected to climb to 23.3 billion U.S. dollars. By comparison, sales stood at 1.1 billion dollars in 2015.

8,2%

Global agricultural production is growing at an impressive rate: The ten biggest soy producers have increased their exports by around 8.2 % annually since 2012, while growth in corn exports stands at 7.4 %.

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