(Baywa.com)

German regulator investigates possible tractor cartel

Duesseldorf | Reuters –– Germany’s anti-trust regulator said Friday it was investigating a possible cartel of companies making agricultural machinery, particularly tractors. It did not name any targets of the probe. German agricultural trading group Baywa said the cartel office had searched its headquarters earlier this week on suspicion that some of its employees were […] Read more



Deere chain Cervus buys two Alta. dealerships

Two John Deere farm equipment dealerships in southern Alberta are set to become part of Deere dealer chain Cervus Equipment. Cervus announced Wednesday it’s bought the assets of Deer-Country Equipment, which owns and operates Deere dealerships at Vulcan and High River. The deal “represents a strategic opportunity for Cervus to expand our western Canadian presence […] Read more

Deere sees equipment sales falling further as farm incomes drop

Reuters — Deere and Co. said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery. Shares of the world’s largest farm equipment maker fell as much as four per cent in premarket trading Wednesday. Deere’s sales have been hit as bumper corn harvests drive […] Read more