deere Archives | Page 4 of 6

A photo from John Deere’s Sept. 17, 2019 rollout of its 6M tractor series for 2020. (Deere.ca)

Deere to lay off 163 U.S. workers as trade war dents demand

By Rajesh Kumar Singh October 1, 2019

Chicago | Reuters — Deere and Co. on Tuesday announced indefinite layoffs for 163 U.S. manufacturing workers at plants in Illinois and Iowa that make agricultural, forestry and construction equipment, citing decreased customer demand. The layoffs come week after the company said it would reduce production by 20 per cent at its facilities in Illinois […] Read more

Crops, Machinery, Markets

Climate change has U.S. fund managers adjusting agriculture investments

By David Randall May 3, 2019

New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling […] Read more

Crops, Machinery

Deere sues Precision Planting, claiming patent infringement

By Reuters June 1, 2018

Reuters — U.S. farm equipment maker Deere and Co. on Friday sued Precision Planting and Agco Corp., accusing them of infringing on 12 of its patents. In filings to the U.S. district court in Delaware, Deere alleged that products made or sold by Precision Planting, including vSet seed meters along with SpeedTube products, infringed on […] Read more

Machinery

Deere recalls loader attachments over manual omission

By Farmtario Staff May 25, 2018

Over 1,300 Deere front-end loader attachments sold in Canada are being recalled over what’s missing from their operator manuals. Deere and Co. and Health Canada on Thursday announced a recall for certain 120R John Deere loaders sold from May through September last year. “The ballasting information for the loader when attached to a John Deere […] Read more

Machinery

Deere plans price increases to offset rising costs

By Rajesh Kumar Singh May 21, 2018

Chicago | Reuters — Shares of Deere and Co. soared Friday after the U.S. tractor maker revised up its full-year earnings estimate on stronger equipment demand and shared its plans to increase prices to offset increased costs. The company’s stock was up 6.4 per cent at $156.24 in early afternoon trading on the New York […] Read more

Illinois grain farmer Lucas Strom, shown here April 10 in unincorporated Kane County just west of Chicago, had planned to purchase a grain bin but changed his mind when the price increased after the announcement of steel tariffs by the Trump administration last month. (Photo: Reuters/P.J. Huffstutter)

Crops, Machinery

Steel tariff shrapnel hits U.S. farmers

By P.J. Huffstutter, Tom Polansek April 14, 2018

Kane County, Ill. | Reuters — Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new US$71,000 grain bin last month — after the seller raised the price five per cent in a day. The reason: steel prices jumped right after U.S. President Donald Trump announced tariffs. […] Read more

Crops, Machinery

Deere fears hit from Trump tariffs, retaliation

By Maximilian Heath March 22, 2018

Granadero Baigorria, Argentina | Reuters — U.S. tractor maker Deere and Co. is bracing for a negative financial impact from U.S. tariffs on steel imports and worries that retaliatory tariffs on American agricultural exports could follow, CEO Samuel Allen told Reuters in an interview Wednesday. The 25 per cent tariffs, which U.S. President Donald Trump […] Read more

Crops, Machinery

Deere upgrades 2018 outlook on improving equipment demand

By Rajesh Kumar Singh February 16, 2018

Reuters — U.S. farm equipment maker Deere and Co. on Friday boosted its sales outlook for fiscal 2018, citing strengthening conditions in agricultural and construction markets, sending its shares higher. For the past four years, Deere has been battling weak demand for farm equipment as a global grain glut pushed down prices, sending U.S. farm […] Read more

Would you think this pull-type sprayer was a Deere? Hint: It isn’t. (Photo from Deere v. Fimco, U.S. District Court, Western District of Kentucky, 2017)

Crops, Machinery

Court ruling for Deere colours hinges on ‘confusion’

By Dave Bedard November 3, 2017

A court ruling strengthening Deere and Co.’s claim to the use of green and yellow on farm equipment in the U.S. centres on how likely farmers are to believe they’re looking at a Deere or Deere-approved product. In a 107-page ruling in October, following a five-day trial in June, the U.S. District Court at Paducah, […] Read more

Crops, Machinery

Climate FieldView data system ready for Prairies

By Farmtario Staff October 25, 2017

In beta testing in the region for much of this year, the Climate FieldView crop data system from Monsanto’s Climate Corp. has gone live on the Prairies. The Climate Corp. announced Wednesday the Climate FieldView platform is available for purchase in Manitoba, Saskatchewan and Alberta on a per-acre basis, allowing farmers to start using it […] Read more

Tag Archives deere — page 4

Deere to lay off 163 U.S. workers as trade war dents demand

Climate change has U.S. fund managers adjusting agriculture investments

Deere sues Precision Planting, claiming patent infringement

Deere recalls loader attachments over manual omission

Deere plans price increases to offset rising costs

Steel tariff shrapnel hits U.S. farmers

Deere fears hit from Trump tariffs, retaliation

Deere upgrades 2018 outlook on improving equipment demand

Court ruling for Deere colours hinges on ‘confusion’

Climate FieldView data system ready for Prairies

Cyber-Savvy Farmer