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
Tag Archives farm machinery — page 3
Farm equipment demand to remain high, FCC says
Low inventories, high commodity prices and a good crop place pressure on demand
PAMI to close Portage la Prairie location
Revenue challenges in recent years blamed for Manitoba site's closure
The product development, testing and design firm Prairie Agricultural Machinery Institute (PAMI), will be closing its Portage la Prairie, Man. location at the end of July. Citing revenue challenges in recent years as the reason for downsizing, the institute informed staff and clients of the closure of its River Road facility in Portage, prior to […] Read more
Getting to the bottom of bad vibrations
Researchers from the University of Saskatchewan want to minimize the negative health effects of whole-body vibrations from farm equipment
Jiggling and twisting around while operating equipment can lead to back problems for farmers. Take a Break from the Shake is a new research project at the University of Saskatchewan that looks for ways to relieve those negative health effects. “The main objective of the work is to explore and develop strategies to help agricultural […] Read more
Nexat marries big power to many farm field solutions
Based on a single tool carrier design, but with a cab, the unit plants, sprays, harvests and more
An automated, 1,100-horsepower carrier unit with interchangeable implements has been developed by Nexat GmbH for broad-acre crop production. Joseph Jandrisch is an owner of Kalverkamp Innovation, a parent company of Nexat GmbH, and he’s also one of four managing directors who guide product development for the machine. He said the Nexat is a gantry-style, modular […] Read more
CNH confident on navigating supply issues beyond first quarter
Market environment remains 'a battle'
Milan | Reuters — CNH Industrial beat first-quarter earnings expectations on Tuesday and the agricultural and construction machine maker’s CEO said he was confident the company could successfully navigate ongoing global supply chain issues. “Don’t underestimate how difficult the environment is, it’s a battle,” CEO Scott Wine told analysts after the company posted a 9.2 […] Read more
Claas sees more semiconductor chip snags in 2022
'It's going to be a tough next six months'
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
Canada’s “right to repair” bill explained
Bryan May, MP for Cambridge, answers questions – what the bill seeks to address, and why he believes it’s important
A private member’s bill to allow Canadians more right to repair devices, including farm equipment, will be resurrected after it died when Parliament was prorogued for the recent election. Bill C-272 proposed to update Canada’s Copyright Act to allow Canadians more freedom to repair digital devices, including smartphones and farm equipment. Bryan May, Member of […] Read more
Biden seeks to lift limits on U.S. farmer dealings with tractor makers, packers
Executive order to address corporate 'abuses of power'
Washington | Reuters — U.S. President Joe Biden wants to give that country’s farmers more power in negotiating the sale of livestock to big processors and in deciding who repairs their tractors, the White House said on Tuesday. The executive order, expected within days, will also address such competitive issues as delayed airline baggage, cellphone […] Read more
When to buy new farm equipment
Costs compared to revenue should guide equipment decisions
Intuition and personal experience have a role to play when considering major equipment purchases, but farms should strive to have a machinery investment strategy based on quantifiable metrics. That was the advice of Travis Jansen on March 22, as he hosted a session for Agri-food Management Excellence (AME). Why it matters: Machinery purchases can represent […] Read more
Huron Tractor acquiring McGrail Farm Equipment
Huron Tractor will expand its dealer network by two more locations with its acquisition of McGrail Farm Equipment. The companies recently announced the acquisition which will be effective Jan. 1, 2021. McGrail Farm Equipment L.P. is a John Deere dealership which serves Chatham-Kent and Essex County from its locations in Chatham and Comber. “It is […] Read more
Cyber-Savvy Farmer
