Deere & Co reported a lower third-quarter profit and tightened its annual profit forecast on Thursday, as U.S. tariffs dent margins on its farm equipment, sending the company's shares down six per cent.
Tag Archives machinery
Deere’s quarterly profit falls as U.S. tariffs bite farm equipment margins
CNH Industrial posts upbeat results as cost-cuts cushion slump in equipment demand
Farm and construction equipment maker CNH Industrial reported second-quarter profit and revenue above Wall Street estimates on Friday, as its ongoing effort to reduce costs helped offset pressures from lower sales and production.
Ecorobotix ARA tech’s ultra-precision crop spraying levels the field
Advanced three-phase system uses internal wifi and AI imaging to spray by plant type or size, transforming how farmers apply inputs
The Ecorobotix ARA uses AI, image recognition, and ultra-precise plant-by-plant spraying to reduce chemical use, lower input costs, and boost sustainability in modern farming.
HJV Equipment expands as full-line PTx Trimble dealer
HJV adds three experts to the precision agriculture team
HJV Equipment expands as a full-line PTx Trimble dealer, increasing its capacity to assist growers with advanced agricultural technology solutions.
MacDon shows new FD2 Plus FlexDraper at Ag in Motion
New FlexDraper has two inches of extra flex at cutterbar
MacDon's new FD2 Plus FlexDraper was on display at the Ag in Motion 2025. It has two inches of extra flex at the cutterbar allowing it to follow the contour of the ground more efficiently to harvest more crop.
Deere tops second-quarter estimates, trims annual profit forecast
Shares up five per cent
Deere & Co cut the lower end of its annual profit forecast on Thursday but topped Wall Street expectations for second-quarter results aided by cost-saving measures and inventory management, sending its shares up five per cent.
CNH Industrial lowers annual profit forecast on softening equipment demand
Farm and construction equipment maker CNH Industrial on Thursday slashed its annual profit forecast, hurt by subdued demand for its machines amid economic uncertainty triggered by U.S. President Donald Trump’s sweeping tariffs.
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.
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.
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