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CNH Industrial cuts revenue guidance for second time

Company sticks to earnings per share forecast

Milan | Reuters – Italian-American machinery maker CNH Industrial trimmed its forecast for full-year revenue for a second time this year after lower sales volumes and exchange rate factors weighed on results in the third quarter. CNH Industrial, which makes most of its profit from farming machinery, Iveco commercial vehicles, construction equipment and powertrains, said net sales of […] Read more

Grains, oilseeds not included in Greens’ plans for biofuel

The federal Green Party’s plan to move Canada to zero emissions by 2050 supports the near-term use of plant-based biofuels — “but not from food that could otherwise feed Canadians.” Ahead of Monday’s federal election, the party released a climate action plan dubbed “Mission: Possible” that would ban the use of internal combustion engines in […] Read more


U.S. diesel prices hit three-year low as harvest delays feared

New York | Reuters — Diesel prices in the U.S. Midwest have sunk to a three-year seasonal low as farmers in the region face adverse weather conditions, further complicating an already delayed harvest season, traders and farmers said. Diesel demand typically rises during harvest season because farming equipment and trucks transporting product use the fuel. […] Read more



Pearce: Autonomous platform makes Eastern Canada debut

It’s been dubbed “the future of agriculture” and for the first time, farmers in Eastern Canada had the opportunity to see the Dot A-U1 Power Platform with in-field demonstrations at Canada’s Outdoor Farm Show. The precision ag system, designed by Dot Technology Corp., attracted considerable attention going through its paces during the annual ag showcase, […] Read more



Dutch distributor buys into Manitoba Claas dealerships

Corrected, Sept. 17 — A major Dutch farm equipment distributor is buying into the Manitoba equipment business, with a deal for Hepson Equipment and a partnership stake in GenAg. Royal Reesink announced Friday it has bought a controlling stake in Hepson and has a partnership deal in place with the Kehler family, owners of GenAg. […] Read more




Manitoba Tories pledge to pump up biofuel content

Manitoba’s incumbent Progressive Conservatives have pledged to boost provincial mandates for biofuel content in gasoline and diesel two weeks ahead of a provincial election. The Tories, whom recent polls favour for re-election on Sept. 10, included the pledge Tuesday in a campaign announcement specifically aimed at the province’s farmers. The party noted its biofuel promise […] Read more