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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
(ClaasOfAmerica.com)
Crops, Machinery, Reuters

Claas sees more semiconductor chip snags in 2022

'It's going to be a tough next six months'

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Paris | Reuters — Agricultural machinery maker Claas said Thursday it expects difficulties in securing semiconductor chips to persist for the first half of next year, which could curb a surge in profits linked to booming farm demand. An upturn in orders from farmers, who are benefiting from high crop prices after several lean years, […] Read more
U.S. Agriculture Secretary Tom Vilsack speaks with striking workers at Deere’s Des Moines-area farm equipment plant at Ankeny, Iowa on Oct. 20, 2021. (File photo: Reuters/Scott Morgan)
Crops, Machinery

Deere’s striking U.S. workers accept revised offer

Operations to resume Wednesday night, company says

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Production and maintenance workers at 14 Deere and Co. plants are expected to return to work starting Wednesday night after voting to approve a new contract. United Auto Workers (UAW), which represents over 10,000 Deere employees in the U.S., said late Wednesday its members voted 61 per cent in favour of new six-year collective bargaining […] Read more
(Romaset/iStock/Getty Images)
Crops, Machinery, Reuters

U.S. FTC votes to make ‘right to repair’ a priority

Commission also drops 1995 merger policy

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Washington | Reuters — The U.S Federal Trade Commission voted Wednesday to make it a priority to address the issue of manufacturers pushing consumers to use licensed dealers to repair items ranging from smartphones to farm equipment, a practice that critics call anti-competitive. The five commissioners, three Democrats and two Republicans, voted unanimously to approve […] Read more
Farmers prepare for a rally against India’s newly passed farm laws ahead of Republic Day at Singhu border near New Delhi on Jan. 25, 2021. (Photo: Reyters/Anushree Fadnavis)
Crops, Markets, Reuters

Indian farmers ride caravan of tractors into capitol ahead of Republic Day

Farmers reject government's offer to suspend ag market reforms

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New Delhi | Reuters — Caravans of tractors clogged a key highway in northern India on Monday as tens of thousands of farmers protesting against agriculture reforms streamed into the capital ahead of Republic Day, and police said they were prepared to deal with the crowds. India marks its founding as a republic on Tuesday […] Read more

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