Deere's quarterly revenue slumped 35 per cent and missed analysts' expectations as more farmers switched to renting equipment due to weak incomes and high borrowing costs, sending its shares down nearly 4.5 per cent in morning trading on Thursday. The company said its outlook did not account for any impact from potential import tariffs by the U.S. and any retaliatory actions taken by other countries.
Machinery
Deere misses revenue estimates on subdued farm equipment demand
Outlook did not account for any impact from potential import tariffs, retaliatory tariffs company says
New Massey Ferguson baler, Farmall tractor unveiled at 2025 National Farm Machinery Show
Day one of the 59th National Farm Machinery Show kicked off today in Louisville, Kentucky, and farm equipment manufacturers had a number of new items to capture the attention of […] Read more
SDF to build low-horsepower tractors under Massey brand
Agco and SDF partner to expand MF tractor offerings up to 85 horsepower
Agco announced Wednesday that it and Italy-based SDF (Same-Deutz-Fahr) have signed a supply agreement. SDF will build a low-horsepower range of utility tractors for Agco’s Massey Ferguson brand.
Buhler Industries going private
Winnipeg tractor and implement maker will be delisted from the TSX
Winnipeg's Buhler Industries, which makes Versatile tractors, Farm King augers, and other farm implements, will be privately owned by a Turkish firm under a proposed deal.
CNH introduces AI Tech Assistant
Pilot program gives dealerships improved access to repair information to provide customer support with less research
CNH’s AI Tech Assistant uses artificial intelligence to help mechanics find relevant repair procedures for most of the company’s equipment offerings from the last 40 years.
CNH Industrial forecasts lower FY profits on declining agriculture, construction equipment sales
Reuters – CNH Industrial CNH.N on Tuesday forecast 2025 profit below Wall Street’s estimates, as it expects sales to be lower year-over-year in both its agriculture and construction equipment markets […] Read more
Momentum planters offer features to reduce compaction, improve efficiency
Planters chosen for a 2025 AE50 engineering award for innovative technology
The Momentums are designed to have a relatively light footprint to minimize soil compaction. One of the features behind that is Fendt’s Weight Logic system, which distributes the implement’s overall weight more evenly across all tires.
Fendt brings joystick steering to tractors
ErgoSteer is a retrofit option that provides operators a second type of steering input and was recognized with a AE50 design award
Agco introduced a retrofit kit that can bring joystick steering control to Fendt tractors. That system just won Agco an AE50 award for its design.
New tool for carbon footprint tracking unveiled at Manitoba AgDays
FCC says the tool is a ‘non-judgemental’ way of getting a snap shot of soil carbon including sequestration
Soil carbon is an imporant thing to track, both emissions and sequestration. Bryan Prystupa, of Farm Credit Canada, spoke about a new tool that aims to give farmers insight into carbon on their farms.
Salford wins two AE50 engineering awards
Precision row crop cultivator and big-boom fertilizer applicator were both released in 2024
The Salford Group won two AE50 awards for a new precision cultivator and a high capacity boom fertilizer applicator. The AE50 awards are from the American Society of Agricultural and […] Read more
