A CNH Industrial building in Turin, Italy. Photo: Reuters/ Massimo Pinca/File

CNH raises revenue guidance on robust tractor demand

Price increases support profit margins

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

(Romaset/iStock/Getty Images)

Colorado’s ag equipment right-to-repair bill signed into law

Bills introduced in 16 states

Reuters — Colorado’s governor signed the nation’s first right-to-repair legislation into law on Tuesday, giving the state’s farmers and ranchers the autonomy to fix their own equipment. The bill, which requires manufacturers such as Deere and Co. to provide manuals for diagnostic software and other aids, garnered bipartisan support as farmers grew increasingly frustrated with […] Read more

(Romaset/iStock/Getty Images)

Colorado passes first U.S. right-to-repair legislation for farmers

Manufacturers fear safety, emissions systems could be overridden

Reuters — Colorado farmers will be able to legally fix their own equipment next year, with manufacturers such as Deere and Co. obliged to provide them with manuals for diagnostic software and other aids, under a measure passed by legislators in the first U.S. state to approve such a law. The Consumer Right to Repair […] 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)

CNH workers at two U.S. plants reject proposed contract

Plants' workers on strike since May

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

Monarch’s MK-V tractor. (MonarchTractor.com)

Foxconn to build autonomous electric tractors in Ohio

Tech firm to make units for U.S.-based Monarch

Reuters — Taiwan’s Foxconn, the world’s largest contract electronics maker, on Tuesday said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio facility starting in early 2023. The announcement comes as heavy machinery manufacturers, including Deere and Agco, set their sights on the electric vehicle market as the U.S. agriculture […] Read more

John Deere’s 8R autonomous tractor is pictured at Jensen Test Farm at Bondurant, Iowa, just northeast of Des Moines, on April 28, 2022. (Photo: Reuters/Bianca Flowers)

Deere tapping into Apple-like tech model to drive revenue

'Hopefully the costs will be paid back in the long run'

Bondurant, Iowa | Reuters — Deere and Co. has sold its tractors and other equipment to farmers for decades, but the world’s largest agriculture machinery manufacturer is tearing a page from the technology world’s playbook — combining cutting-edge hardware with software and subscription models to drive revenue growth. In a world with a dwindling number […] Read more


A unit from Massey Ferguson’s VE Series of planters. (News.agcocorp.com)

Agco ransomware attack disrupts equipment sales

Dealerships cut off from parts ordering system

Reuters — U.S. agricultural equipment maker Agco Corp. said on Friday a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales had been stalled during the crucial planting season. Georgia-based Agco, whose brands include Massey Ferguson, Fendt, Challenger and Valtra, said in a statement it expects operations at […] Read more

A custom hauler spreads dairy manure on hay ground using a Husky 18000L Slimline liquid manure spreader on a farm at Wallenstein, Ont., north of Kitchener, in the spring of 2018. (Husky Farm Equipment handout photo via Reuters)

No poop for you: Manure supplies run short as fertilizer prices soar

Ontario honeywagon maker all sold out

Chicago | Reuters — For nearly two decades, Abe Sandquist has used every marketing tool he can think of to sell the back end of a cow. Poop, after all, needs to go somewhere. The Midwestern entrepreneur has worked hard to woo farmers on its benefits for their crops. Now, facing a global shortage of […] Read more