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Crops, Machinery, Reuters

Colorado passes first U.S. right-to-repair legislation for farmers

Manufacturers fear safety, emissions systems could be overridden

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Reuters — Colorado farmers will be able to legally fix their own equipment next year, with manufacturers such as Deere and Co. obliged to provide them with manuals for diagnostic software and other aids, under a measure passed by legislators in the first U.S. state to approve such a law. The Consumer Right to Repair […] Read more
A General Motors illustration featuring a display version of its 2024 Silverado EV pickup, due for release in the fall of 2023. (Media.GM.ca)
General, Machinery, Markets, Reuters

GM buyouts cut 5,000 jobs, CFO says

Not much more room seen to raise prices

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Reuters — About 5,000 General Motors salaried workers took buyouts to leave the company, putting the company well on the way to hitting a US$2 billion cost-cutting target, the automaker’s chief financial officer said Tuesday. GM shares were trading down nearly two per cent at midday, even though CFO Paul Jacobson said demand for GM’s […] Read more
(Outback Guidance video screengrab via YouTube)
Crops, Machinery

CNH to buy Outback Guidance’s parent firm

Case IH, New Holland maker to pay US$175 million for Hemisphere

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CNH Industrial, parent of the Case IH. New Holland, Steyr and Flexi-Coil farm equipment brands, has signed a cash deal to buy satellite positioning tech firm Hemisphere GNSS, parent of the Outback Guidance aftermarket GPS, precision ag and autosteer business. CNH announced Thursday it will pay $175 million for Hemisphere, which has been owned since […] Read more
S.H. Dayton sponsorship signage at a 2018 motocross event. (S.H. Dayton Ltd. via Twitter)
Crops, Machinery

Manitoba Deere dealer expands westward reach

Enns Bros. to buy Shoal Lake's S.H. Dayton

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A major dealer of John Deere equipment in Manitoba is extending its catchment in the province’s west to include a long-established Deere shop. Winnipeg-based Enns Bros. announced Friday it has a deal in place to buy the assets of S.H. Dayton Ltd., a Deere equipment dealership at Shoal Lake, about 100 km northwest of Brandon. […] Read more
Exterior views of (l-r) the 2023 Chevrolet Silverado 1500 High Country, ZR2 and LT. (Media.chevrolet.com)
General, Machinery, Markets, Reuters

GM’s truck production cut signals a turn in U.S. auto sales

Company to idle Indiana plant for two weeks

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Detroit | Reuters — New vehicle sales in the United States are expected to increase in February, but the decision by General Motors to cut production of large pickup trucks at a U.S. plant points to new challenges for Detroit’s automakers. The major Detroit pickup truck brands are sitting on growing inventories of unsold vehicles, […] Read more
Screengrab from a CNH promotional video of its Magnum tractor assembly plant at Racine, Wisconsin. (CNH video)
Crops, Machinery, Reuters

CNH sees headwinds easing in 2023 after strong fourth-quarter results

Long-running strikes end at two CNH plants in U.S.

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Reuters — CNH Industrial said on Thursday its 2023 net sales of industrial activities would grow by between six and 10 per cent, after the group posted stronger-than-expected results in the last quarter of 2022. The industry faced several headwinds in 2022, including a choppy supply chain and inflation, but late in the year these […] Read more
(RBAuction.com)
General, Machinery, Markets, Reuters

Ritchie Bros. raises cash payout in bid for IAA

Activist investor Starboard Value buys into Ritchie

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Reuters — Canada’s Ritchie Bros. on Monday sweetened the cash component of its buyout offer for IAA Inc. by 28 per cent, valuing the U.S. auto retailer at US$5.94 billion, and also secured the backing of a key IAA shareholder which had questioned the initial offer. The latest cash-and-stock offer at $44.40 per share, will […] Read more
NYMEX March 2023 West Texas Intermediate crude oil (candlesticks) with 100-day moving average (black line) and ICE March 2023 Brent crude oil (blue open/high/low/close). (Barchart)
General, Machinery, Markets

China driving crude oil price increases

Bulls on crude oil expect a 'very shallow' recession

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MarketsFarm — China has largely been behind the current upticks in global crude oil prices, according to Tom Kloza, global head of energy analysis for Oil Price Information Services in Lakewood, NJ. He suggested that China’s economy will begin to pick up steam in 2023 after the government loosened its super-tight COVID-19 restrictions. “You can […] Read more
Local UAW union members arrive at Starbuck Middle School at Racine, Wis. to vote on CNH Industrial’s latest contract offer on Jan. 7, 2023. (Photo: Reuters/Bianca Flowers)
Crops, Machinery, Reuters

CNH workers at two U.S. plants reject proposed contract

Plants' workers on strike since May

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Racine | Reuters — Members of two local unions that have been on strike since May at CNH Industrial factories in Wisconsin and Iowa on Saturday voted down a tentative labour contract, the United Auto Workers union said. The union did not disclose how many workers at the two plants rejected the four-year deal, which […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

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AGCanadaTV: In case you missed it; your national ag news recap for July 18, 2025

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