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
Tag Archives combines — page 4
CNH raises revenue guidance on robust tractor demand
Price increases support profit margins
CNH sheds Russian business
New Holland, Case IH maker had suspended shipments last year
The maker of Case IH and New Holland tractors and combines is selling its business activities in Russia for about US$60 million. CNH Industrial, which employs about 200 people in Russia, announced the divestment in a release Wednesday without naming the buyer. CNH in March last year suspended all shipments and supplies to Russia and […] Read more
Toromont to sell Manitoba Agco, Claas dealer chain
Dutch firm to buy AgWest
Canada’s Caterpillar equipment distributor for Manitoba and points east is set to sell a major Manitoba dealer of Agco’s farm equipment brands as well as the province’s exclusive dealer for Claas combines. Toromont Industries announced Monday it will sell its AgWest Ltd. arm to Dutch equipment distributor Mechan International, effective May 1. Neither company would […] Read more
Manitoba Deere dealer expands westward reach
Enns Bros. to buy Shoal Lake's S.H. Dayton
A major dealer of John Deere equipment in Manitoba is extending its catchment in the province’s west to include a long-established Deere shop. Winnipeg-based Enns Bros. announced Friday it has a deal in place to buy the assets of S.H. Dayton Ltd., a Deere equipment dealership at Shoal Lake, about 100 km northwest of Brandon. […] Read more
Weed seed destructors gain ground among producers
Attaching a hammer mill to a combine is catching on in Australia, but North American farmers have been more cautious
Glacier FarmMedia – Nine hundred to 1,000 new combines are sold every year in Australia, according to the Tractor and Machinery Association of Australia. Of those new combines, 25 to 30 per cent are equipped with weed seed destructors. “It’s taken off to the level where … there’s a few hundred being sold (with seed […] Read more
Claas, Trimble develop new GPS steering system
New system from Trimble and Class uses one user interface
Glacier FarmMedia – Trimble and Claas have developed a new GPS steering system for Claas tractors, combine harvesters and forage harvesters. The joint development includes satellite-based steering, precision farming and the ISOBUS infrastructure, including task management. Frank Buschmeier, Trimble’s marketing director, said the agreement was focused on improving the user experience within the cab. “Having […] Read more
Farm equipment demand to remain high, but more price hikes likely
It may take until 2024 before manufacturers are able to catch up from supply chain woes
Glacier FarmMedia – Demand for farm equipment should remain high through 2023 despite higher interest rates and projected price increases, according to a new report from Farm Credit Canada (FCC). Much of the demand stems from relatively high commodity prices and strong farm cash receipts, but the COVID-era supply chain hangover is also a factor. […] Read more
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
Farm equipment demand to remain high, FCC says
Low inventories, high commodity prices and a good crop place pressure on demand
Demand for farm equipment should remain high through 2023 despite higher interest rates and projected price increases, according to Farm Credit Canada. The federal ag lender has released an outlook on the farm equipment market that analyzed data and trends that affect the market. While the outlook attributes much of the current demand to relatively […] Read more
Heavy metal hardware
Canada’s Outdoor Farm Show featured new planters, tillage implements, drones and robots
There was a lot of heavy metal – and lighter stuff too – at Canada’s Outdoor Farm Show last month, in terms of machinery rather than music. Equipment ranged from the latest combines and autonomous robots to large drones and new takes on traditional tillage implements. Here are several highlights: Tillage options The southwest demonstration […] Read more
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