machinery Archives - Canadian Cattlemen

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

General, Machinery

‘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

By Allan Dawson, GFM Network News March 25, 2020

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

Crops, Machinery

Machinery costs driving up fixed farming expenses

By Marlo Glass – MarketsFarm February 5, 2020

MarketsFarm — Fixed costs on farms continue to rise year-over-year, a statistic largely attributed to increasing land values and interest rates. At the beginning of 2019, Farm Credit Canada (FCC) reported farmland values across Canada increased by an average of 6.6 per cent during the previous year. But that’s not the main driver of fixed […] Read more

John Deere in October announced updates to its 7R tractor line for 2020, including the 7R 210 shown here. (Deere.ca)

General, Machinery, Reuters

Deere bets on cost cuts, services push to boost profits

By Rajesh Kumar Singh January 8, 2020

Chicago | Reuters — Deere and Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable. In a pitch to investors, CEO John May said the measures are expected to boost operating profit margin to 15 per cent by 2022 […] Read more

Machinery, Reuters

CNH Industrial cuts revenue guidance for second time

Company sticks to earnings per share forecast

By Reuters November 6, 2019

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

General, Machinery, Markets

Ag sector growth will take investments in skills, tech now: RBC

By GFM Staff August 28, 2019

One of Canada’s big six banks bets the agriculture sector’s gross domestic product could rise by nearly 60 per cent over the next decade if it were to have enough people, capital and access to new technology where ag lives. A report released by RBC on Tuesday titled “Farmer 4.0” estimates Canadian ag GDP could […] Read more

Crops, Machinery

Hogs seen as key factor in input cost hikes

By Terry Fries July 11, 2017

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

Machinery

Diagnosing and repairing a problem leak

By Scott Garvey June 8, 2017

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[...]
Read more

Machinery

How to evaluate a diesel engine

By Scott Garvey February 1, 2017

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[...]
Read more

Crops

Input costs to chip away at farmers’ shrinking income

By Jade Markus February 24, 2016

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[...]
Read more

Britain, New Zealand strike free trade deal

‘Containergeddon’ drives sugar, rice shippers back to bulk vessels

Mexico won’t limit GMO corn imports from U.S., ag minister says

GFM Network News

Britain, New Zealand strike free trade deal

‘Containergeddon’ drives sugar, rice shippers back to bulk vessels

Mexico won’t limit GMO corn imports from U.S., ag minister says

Tag Archives machinery

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

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

Machinery costs driving up fixed farming expenses

Deere bets on cost cuts, services push to boost profits

CNH Industrial cuts revenue guidance for second time

Ag sector growth will take investments in skills, tech now: RBC

Hogs seen as key factor in input cost hikes

Diagnosing and repairing a problem leak

How to evaluate a diesel engine

Input costs to chip away at farmers’ shrinking income

Blogs

Cows and Wildlife

GFM Podcasts

Seeding – and breeding – our future

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 22, 2021.