Farm-machinery maker Deere & Co raised its annual profit forecast and beat first-quarter results estimates on Thursday citing cost-cutting initiatives to protect margins and recovery in its construction and small agriculture units.
Deere lifts full-year profit forecast as construction, sales rebound; shares soar
CNH Industrial flags weak 2026 profit on sluggish farm machinery demand
Global manufacturer of farm and construction equipment CNH Industrial on Tuesday forecast full-year profit below Wall Street estimates, as low crop prices, high input costs and shifting trade policies weigh on demand for agricultural machinery.
Electric vehicles remain wild card in China trade deal
Now that U.S. president Donald Trump’s administration has alienated many of the U.S.’s traditional allies — at least when it comes to trade —many of those countries have been moving swiftly to make new trade alliances that exclude the United States. The goal is to establish new reliable and trustworthy trading networks that can, at […] Read more
U.S. grains: Wheat extends gains on short covering, war risk
Chicago | Reuters – Chicago Board of Trade wheat futures rose for a fifth session on Wednesday as worries about the escalation of hostilities in the Black Sea export zone and severe cold in Russian wheat belts encouraged short-covering before the Christmas break, traders and analysts said. Corn futures edged up on robust demand and […] Read more
Canadian tractor sales slumped in 2025, combine purchases up
Canadian farmers have bought slightly fewer tractors this year than in 2024 while combine sales rose, statistics from the Association of Equipment Manufacturers show.
Deere forecasts weak annual profit on tariff hit
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Deere & Co forecast an annual profit below estimates on Wednesday, pressured by tariff impacts and weaker margins from its large tractors, sending the farm-equipment maker’s shares down nearly five per cent.
More Canadian companies at Agritechnica 2025
A record number of Canadian agriculture machinery and tech companies are at Agritechnica 2025, with exporters being more aggresive looking for new markets.
Claas Axion 9.450 tractor wins ‘Tractor of the Year’ at Agritechnica 2025
On opening day of Agritechnica 2025, Claas’ Axion 9.450 Terra Trac tractor was awarded ‘Tractor of the Year’ for 2026 in the HighPower category.
Case IH reveals new Optum tractor at Agritechnica 2025
Case IH reveals its new Optum tractor at Agritechnica 2025.
Association of Equipment Manufacturers sets up lobby in Ottawa
The Association of Equipment Manufacturers, an organization representing North America’s agriculture and construction equipment makers, is setting up an office in Ottawa.
