Deere's quarterly revenue slumped 35 per cent and missed analysts' expectations as more farmers switched to renting equipment due to weak incomes and high borrowing costs, sending its shares down nearly 4.5 per cent in morning trading on Thursday. The company said its outlook did not account for any impact from potential import tariffs by the U.S. and any retaliatory actions taken by other countries.
Deere misses revenue estimates on subdued farm equipment demand
Outlook did not account for any impact from potential import tariffs, retaliatory tariffs company says
New Massey Ferguson baler, Farmall tractor unveiled at 2025 National Farm Machinery Show
Day one of the 59th National Farm Machinery Show kicked off today in Louisville, Kentucky, and farm equipment manufacturers had a number of new items to capture the attention of visitors. Hesston by Massey Ferguson launched its new double small square baler on the show floor at a media event immediately after the show doors […] Read more
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.
CNH Industrial forecasts lower FY profits on declining agriculture, construction equipment sales
Reuters – CNH Industrial CNH.N on Tuesday forecast 2025 profit below Wall Street’s estimates, as it expects sales to be lower year-over-year in both its agriculture and construction equipment markets in 2025, sending its shares down 3.7 per cent before the bell. The Basildon, UK-based company expects 2025 adjusted earnings to be in the range […] Read more
New tool for carbon footprint tracking unveiled at Manitoba AgDays
FCC says the tool is a ‘non-judgemental’ way of getting a snap shot of soil carbon including sequestration
Soil carbon is an imporant thing to track, both emissions and sequestration. Bryan Prystupa, of Farm Credit Canada, spoke about a new tool that aims to give farmers insight into carbon on their farms.
Tariffs add to ‘perfect storm’ for ag equipment dealers
Commodity prices, high inventories and interest rates already pressuring sales as U.S. now threatens more disruption
The uncertainty surrounding the threat of substantial tariffs on key U.S. trading partners has North American businesses on edge. That is especially true for agricultural equipment manufacturers and the dealers that retail their products.
Crop Production Show 2025: Spray drone research continues
While the use of spray drones for chemical application is still illegal in Canada, research on how to use them efficiently and effectively is ongoing.
Crop Production Show 2025: Episode two of Western Producer documentary launches
During a private event hosted by Glacier Farm Media during the 2025 Crop Production Show, the second episode of the Western Producer's documentary series, Welcome to the Farm Show, made its debut.
Bayer introduces FieldView Drive 2.0 at Crop Production Show 2025
Bayer used the Western Canadian Crop Production Show in Saskatoon this week to introduce Prairie farmers to its new FieldView Drive 2.0 digital system.
