GFM Network News


A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)

CNH Industrial bets on strong market to counter worst supply chain situation

Milan | Reuters – Italian-American vehicle maker CNH Industrial on Friday raised its revenue and free cash flow forecasts for this year, confident an industry cyclical upturn would help it offset a severe impact from supply chain constraints. “It’s the worst supply chain situation I’ve seen in my career,” Chief Executive Scott Wine told analysts. […] Read more

(Eyfoto/iStock/Getty Images)

‘Essential’ travel rule fuzzy on farmers picking up parts, inputs

U.S. border officers will have final say on Canadian farmers' cross-border business trips

Whether Canadian farmers can continue to pick up machinery parts and other products for their operations in the United States is at the discretion of U.S. Customs and Border Protection officers. At 11:59 p.m. ET Friday, Canada and the U.S. temporarily restricted non-essential travel between the two nations to try and slow the spread of […] Read more





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



(Scott Bauer photo courtesy ARS/USDA)

Hogs seen as key factor in input cost hikes

CNS Canada — Canada’s Farm Input Price Index has climbed slightly for the first quarter of this year. Canada-wide, the index rose 1.3 per cent for the first quarter of this year compared to the final quarter of 2016. When comparing this year’s first quarter to last year’s first quarter, however, input prices in the […] Read more

Photo: Scott Garvey

Diagnosing and repairing a problem leak

I’m always reminded of that famous Forrest Gump saying when working on an older machine or vehicle. Opening up a component like a transmission or transfer case, or looking behind the dashboard, is like opening a box of chocolates. You never know what you’ll find. The latest repair job to come into the Grainews Garage[...]
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How to evaluate a diesel engine

How to evaluate a diesel engine

Are you thinking of buying a used tractor or other farm machine for next season? It’s only a few months before the spring auction sale season kicks off again, and there is no shortage of used machines on dealer lots to pick from right now. Buying used equipment can be a great way to add[...]
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(Country Guide file photo)

Input costs to chip away at farmers’ shrinking income

CNS Canada — An anticipated downturn in farm income and higher input costs mean Canadian producers will be in a tough financial position this year, the head of the National Farmers Union (NFU) predicts. Farmers’ net cash income is expected to move lower in 2016, declining nine per cent to $13.6 billion in 2016, according[...]
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