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A Massey Ferguson MF 5S series tractor. (Agcocorp.com)
Crops, Machinery

Agco, Kubota sign onto U.S. right-to-repair pledge

Firms join Deere, CNH in pacts with Farm Bureau

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Two more major ag equipment makers have signed onto a framework that would grant farmers and independent repair shops in the United States reasonable access to the means to repair their machines. The Washington, D.C.-based American Farm Bureau Federation (AFBF) on Monday announced it had reached memorandums of understanding (MOUs) with equipment firms Agco and […] Read more
(Zachary Thomas/iStock/Getty Images)
General, Machinery, Weather

Potential loss of AM radio in vehicles a concern for farmers

Many farmers rely on AM range, signal; U.S. lawmakers launch legislation

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Canadian farmers are expressing concern about the possibility of their access to AM radio disappearing. Ford, which has been Canada’s best-selling auto brand since 2009, has stated it plans to stop putting AM radios in non-commercial vehicles by 2024. The automaker’s decision follows those of companies such as Tesla, Mazda and Volkswagen, which have removed […] Read more
A CNH Industrial building in Turin, Italy. Photo: Reuters/ Massimo Pinca/File
Crops, Machinery, Markets, Reuters

CNH raises revenue guidance on robust tractor demand

Price increases support profit margins

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Milan | Reuters — Farm and construction equipment maker CNH Industrial on Friday raised its full-year revenue forecast as operating profit topped expectations in the first quarter, aided by a strong order backlog and resilient demand for its large tractors. The company increased its revenue outlook for industrial activities to between eight and 11 per […] Read more
A New Holland unit on display at the Yugagro exhibition in Krasnodar, Russia in 2021. (Media.cnhindustrial.com)
Crops, Machinery

CNH sheds Russian business

New Holland, Case IH maker had suspended shipments last year

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The maker of Case IH and New Holland tractors and combines is selling its business activities in Russia for about US$60 million. CNH Industrial, which employs about 200 people in Russia, announced the divestment in a release Wednesday without naming the buyer. CNH in March last year suspended all shipments and supplies to Russia and […] Read more
Gerrit van der Scheer, CEO of Mechan’s parent firm Zweegers Equipment Group, with Toromont senior advisor Larry Moffatt (l-r). (Photo courtesy Mechan International)
Crops, Machinery

Toromont to sell Manitoba Agco, Claas dealer chain

Dutch firm to buy AgWest

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Canada’s Caterpillar equipment distributor for Manitoba and points east is set to sell a major Manitoba dealer of Agco’s farm equipment brands as well as the province’s exclusive dealer for Claas combines. Toromont Industries announced Monday it will sell its AgWest Ltd. arm to Dutch equipment distributor Mechan International, effective May 1. Neither company would […] 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
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
(Luca Piccini Basile/iStock/Getty Images)
General, Machinery, Markets

Farm equipment demand to remain high, FCC says

Low inventories, high commodity prices and a good crop place pressure on demand

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Demand for farm equipment should remain high through 2023 despite higher interest rates and projected price increases, according to Farm Credit Canada. The federal ag lender has released an outlook on the farm equipment market that analyzed data and trends that affect the market. While the outlook attributes much of the current demand to relatively […] Read more
Buhler Industries board member Konstantin Babkin, shown here at left with the company’s then-president Dmitry Lyubimov during a visit to the company’s facility in Winnipeg in 2007, is seen as particularly vulnerable to sanction from Canada. (File photo by Dave Bedard)
Crops, Machinery

Equipment maker Buhler distances self from Ukraine invasion

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A Winnipeg farm equipment manufacturer is distancing itself from Russia’s invasion of Ukraine. Buhler Industries, which manufactures the Versatile tractor line and Farm King equipment, is majority-owned by the Russian firm Combine Factory Rostselmash. That firm purchased an 80 per cent stake in Buhler in 2007 and boosted that to 97 per cent ownership in […] Read more
Russia’s Rostselmash in November 2021 launched a new Delta Track line of heavy-duty tractors, based on a similar line made at the Buhler plant in Winnipeg. (Rostselmash.com)
Crops, Machinery

Versatile tractor maker’s majority owner boosts stake

Russia's Rostselmash raises ownership to almost 97 per cent

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The Russian farm equipment manufacturer which held just over 80 per cent of Canadian tractor and equipment maker Buhler Industries has now taken up near complete ownership. Winnipeg-based, publicly-traded Buhler Industries announced Wednesday that Combine Factory Rostselmash has bought another 16.3 per cent of Buhler shares for $3 per share, or about $12.25 million. Buhler, […] Read more

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