Deere & Co strengthened its bet on autonomous machinery by unveiling new tractors and industrial equipment, capable of operating without the need for a human being in the cab, at the CES trade show in Las Vegas on Monday.
Deere boosts bet on autonomous tractors with new machines
U.S. grains: Corn rises on technical buying, soy and wheat end mixed
U.S. corn futures climbed on Friday to the highest in five months on a continuous chart, supported by technical buying and strong U.S. export sales.
Canadian farm equipment sales projected to slump in 2025
Farm machinery sales are forecast to decline for the remainder of the year and into the next. New equipment sales are expected to be soft as farmers face low commodity prices, high equipment prices and lower profits, though the decline in 2025 is expected to be less severe than in 2024. Sales of 4WD tractors are projected to stay above the five-year average.
Deere forecasts weak annual profit as farm incomes sag
Deere & Co forecasted lower-than-expected 2025 profit on Thursday, as slumping farm incomes and inflationary pressures affect demand for the company's tractors and other agricultural equipment.
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.
Canada’s Outdoor Farm Show 2024: TMR’s can save significant time and money
TMR mixer demo at Canada's Outdoor Farm Show 2024 shows sheep producers how significant labour and cost savings can result from using this equipment.
Czech ag attache sees trade possiblitities at Canada’s Outdoor Farm Show
Filip Lameš, agricultural attache to the embassy of the Czech Republic, also known as Czechia, was at the Canada's Outdoor Farm Show 2024 in Woodstock to explore potential new markets for agriculture manufacturers in his country and innovations that farmers there could adopt.
Combine market holding, for now
According to a recent news release from Alberta Agriculture and Irrigation, higher combine prices do not yet appear to have affected their sales in Canada.
