U.S. agriculture equipment maker Deere on Monday agreed to pay $99 million into a settlement fund for farms and farmers that are part of a class action over costs and access to repairs.
Tractors
Deere settles U.S. right-to-repair lawsuit with $99 million fund, repair commitments
Trump tells farmers that tractor companies should lower prices
U.S. President Donald Trump announced new measures on Friday to support U.S. farmers who are reeling from the administration’s trade policies and the Iran war and suggested farm equipment makers cut prices
Canadian tractor sales slumped in 2025, combine purchases up
Canadian farmers have bought slightly fewer tractors this year than in 2024 while combine sales rose, statistics from the Association of Equipment Manufacturers show.
Claas Axion 9.450 tractor wins ‘Tractor of the Year’ at Agritechnica 2025
On opening day of Agritechnica 2025, Claas’ Axion 9.450 Terra Trac tractor was awarded ‘Tractor of the Year’ for 2026 in the HighPower category.
Case IH reveals new Optum tractor at Agritechnica 2025
Case IH reveals its new Optum tractor at Agritechnica 2025.
Association of Equipment Manufacturers sets up lobby in Ottawa
The Association of Equipment Manufacturers, an organization representing North America’s agriculture and construction equipment makers, is setting up an office in Ottawa.
Electric tractor wins innovation award at Canada’s Outdoor Farm Show
Haggerty AgRobotics won an equipment innovation award at Canada’s Outdoor Farm Show 2025 near Woodstock.
Deere’s quarterly profit falls as U.S. tariffs bite farm equipment margins
Deere & Co reported a lower third-quarter profit and tightened its annual profit forecast on Thursday, as U.S. tariffs dent margins on its farm equipment, sending the company's shares down six per cent.
CNH Industrial posts upbeat results as cost-cuts cushion slump in equipment demand
Farm and construction equipment maker CNH Industrial reported second-quarter profit and revenue above Wall Street estimates on Friday, as its ongoing effort to reduce costs helped offset pressures from lower sales and production.
Deere must face FTC’s antitrust lawsuit over repair costs, US judge rules
Suite alleges Deere violated U.S. antitrust laws by controlling too tightly where and how farmers could repair equipment
Agriculture equipment giant Deere must face a lawsuit by the U.S. Federal Trade Commission accusing the company of forcing farmers to use its authorized dealer network and driving up their costs for parts and repairs, a U.S. judge has ruled.
