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.
FCC’s top economic charts to monitor in 2024
Downward trends for cattle, swine herds; positive bent to feed, fertilizer affordability
As we start the new year amid elevated inflation and major headwinds facing the economy, here are our top charts to help make sense of the economic environment for farm operations, agribusinesses and food processors.
German government dilutes 2024 subsidy cuts after farmer backlash
Farmers protested in Berlin's streets after the announced end of tax breaks last month
Germany's coalition government has agreed to change its 2024 budget plans, a government spokesperson said on Thursday, after subsidy cuts proposed to bring spending in line with debt rules angered farmers.
Başak Traktör of Turkey looks to move Versatile brand forward
Buhler Industries announced the Turkish firm had bought its majority stake
“One of the keys for us was making sure we found a partner that was committed to preserving the Versatile and Farm King brands,” said Adam Reid, VP of sales and marketing at Versatile. “We wanted to make sure the viability of the plant here in Winnipeg and our staff was secure. And taking care of all of our stakeholders, the suppliers, shareholders.”
Buhler Industries finds new majority shareholder in Turkish firm
Saskatchewan's Bourgault Industries changes hands
It was a big week for western Canadian machinery manufacturers as Winnipeg-based Buhler industries inked a deal that will see a Turkish company purchase its majority stake, and Guelph-based manufacturer Linamar Corporation acquired Saskatchewan’s Bourgault Industries.