CNH Industrial cut its annual profit forecast on Thursday, squeezed by slowing demand for its tractors and farm equipment as choppy crop prices and higher borrowing costs hinder farmers from making big-ticket farming purchases.
CNH Industrial cuts 2024 profit view as soft agriculture demand bites
‘Mobile skills lab’ to promote careers in ag
Saskatchewan equipment manufacturers receive government funding aimed at finding more workers
A new high-tech “Careers in Ag Mobile Skills Lab” will begin a summer tour of Saskatchewan at Ag in Motion July 16 to 18 to help develop a “talent pipeline” for ag and ag equipment manufacturing.
Polish farmers intensify protests against ‘executioner’ EU
Germany proposes income smoothing to reduce farmers' taxes in face of farmer anger
Polish farmers blocked roads with tractors and flares on Wednesday in escalating protests against EU environmental regulations and cheap food imports from neighbouring Ukraine which the bloc provisionally agreed to prolong.
Indian farmers plan to enter New Delhi to intensify protests
Thousands of demonstrating farmers with tractors are stuck at police barricades
Indian farmers are planning to escalate their protests from Wednesday by entering the capital New Delhi by bus and train, and increasing their numbers at border points that are currently blocked by tractors.
Spring road restrictions coming soon to Prairies
Grain, equipment movement can be affected by road bans
The spring melt across Western Canada will cause disruptions to grain and livestock movement, as seasonal spring road restrictions come into effect across the Prairies.
New Massey Sprayer comes to NFMS, combines and grain carts get synchronized
Product offerings that simplify how farmers work in the field often get more than a cursory glance on the farm show floor. This is the case for two machinery manufacturers at the National Farm Machinery Show (NFMS) in Louisville, Kentucky. Day two of the NFMS saw Massey Ferguson debut its 500R sprayer to attendees, and […] Read more
Deere cuts 2024 profit view as borrowing costs hurt demand
Executives expressed caution about margin performance amid weakening farm economy
Deere & Co cut its 2024 profit forecast on Thursday as farmers remained hesitant about big-ticket equipment purchases due to high borrowing rates and falling crop prices, even as its first-quarter sales and profit topped Wall Street estimates.
New Holland’s T9 tractor picks up speed, and more
It’s big, blue and likely to get the attention of farmers if they’re eyeing up a new tractor in 2024. At a National Farm Machinery Show pre-show media event in Louisville, Kentucky, on Feb. 13, New Holland product reps were on hand to show what the blue brand has in store for growers and show-goers […] Read more
War teaches Ukrainian farmers tough lessons
As the war approaches its second anniversary, the farmers who adapted earliest have been in the best position to survive
Feb. 24 marks two years since Russia's invasion of Ukraine. It seems like a short time, but it has caused huge upheaval in our society. Hundreds of thousands have died and millions have lost their homes.
Linamar makes Bourgault buyout official
Company says it hopes to double Bourgault's business in five years
Linamar's acquisition of air-drill manufacturer Bourgault has officially gone through, the company announced yesterday.
Canadian Cattlemen Presents: Depth of Field
