Thousands of farmers protested at Britain's parliament on Tuesday, some driving tractors through central London, to demand the scrapping of an inheritance tax that they say will destroy family farms and threaten food production.
Thousands of British farmers protest against ‘tractor tax’ on inheritance
CNH Industrial shares fall after third-quarter profit miss, forecast cut
Shares of CNH Industrial fell more than 10 per cent premarket on Friday, after the farm and construction equipment maker missed third-quarter profit estimates and cut its 2024 profit forecast due to weak demand and reduced dealer inventory requirements.
Tractors of the year announced at EIMA agricultural machinery show
Day one of the EIMA international machinery show in Balogna, Italy, saw five tractor manufacturers take home awards for Tractor of the Year. There were six different categories in play – Fendt won in two categories – that ranged from horsepower to sustainability and a newly created category called 'TotyBot' for fully automated tractors without a cab.
EIMA 2024 opens its doors to the world
Glacier FarmMedia digital editor Greg Berg takes in the 2024 EIMA International Agricultural and Gardening Machinery Exhibition in Bologna, Italy.
Steffes Group enters Canadian farm auction scene
The Steffes Group has acquired Bruce Schapansky Auctioneers, of Tisdale, Sask., the firm announced in a press release Oct. 18.
Trump threatens John Deere with 200 per cent tariffs if production moves to Mexico
Republican presidential candidate Donald Trump said on Monday he would slap a 200 per cent tariff on John Deere's imports into the United States if the agricultural equipment company moved production to Mexico as planned.
Deere beats profit targets as strong pricing, cost cuts counter slow demand
Deere & Co beat analysts' expectations for third-quarter profit on Thursday, as stronger pricing and cost control measures protected its margins from sluggish demand for its farm equipment.
CNH Industrial lowers profit forecast on slow demand for farming products
Farm and construction equipment maker CNH Industrial on Wednesday lowered its 2024 profit forecast for the second time, as slowing demand for its tractors and combines keeps hopes for a recovery in the second half of the year muted.
Leon Manufacturing for sale
Yorkton manufacturer's assets for sale as part of receivership process
The company, along with Ram Industries Inc., was placed in receivership June 11 after numerous financial difficulties were reported and the company missed payments to BMO. It owes BMO more than $16.6 million.
Some farm dealerships back online after cyber attack
Dealers forced to turn to pen and paper after attack knocked out inventory software
Brian Osterndorff, chair of the board of the Canadian Equipment Dealers Association, and president and CEO of Robert’s Farm Equipment, a seven-store group in Ontario, said on June 26 that they had just been informed that they could use the system again.
Cyber-Savvy Farmer
