Reuters — Deere and Co. said its proposal to buy Precision Planting, an agricultural equipment and technology company, will increase consumer choice and directly benefit growers, in a response filed on Wednesday to the U.S. Department of Justice’s lawsuit to block the acquisition. Deere announced its planned acquisition of Precision Planting in November 2015, for […] Read more
Deere challenges U.S. federal block on Precision Planting bid
Deere to license Precision Planting wares to Ag Leader
Iowa precision ag equipment maker Ag Leader will be able to make and sell high-speed planting equipment using certain systems from Precison Planting — when, or if, Deere and Co. seals its deal to buy the latter company. Deere and Ag Leader announced Wednesday they will have a licensing agreement in place allowing Ag Leader to […] Read more
OPEC announcement could boost ag markets, maybe
CNS Canada — The bearish malaise that has gripped the North American agricultural market shows no sign of breaking soon, and it could take a major disruption, say such as a hike in oil prices, to lead the way higher, according to some industry watchers. “Let’s say we go to US$55 (per barrel). That would […] Read more
Ottawa to back new tractor plant in Quebec
A federal fund to help communities diversify from the asbestos business will help finance a major tractor manufacturer’s first facilities in Canada. Navdeep Bains, the minister responsible for Canada Economic Development for Quebec Regions (CED), on Tuesday announced a “repayable contribution” of $350,000 for Mahindra Canada-Est to put up a 22,000-square foot industrial building at Adstock, […] Read more
Deere dealer chain Cervus to seek real estate buyer
Prairie farm machinery dealer chain Cervus Equipment Corp. plans to sell about 10 properties where it now operates dealerships and become their long-term tenant. The publicly-traded Calgary company, which operates 72 farm and industrial equipment dealerships in Canada, Australia and New Zealand, said Tuesday it plans to seek out a sale-and-leaseback deal for about 10 […] Read more
What’s new in tractors
A roundup of the recent tractor introductions and updates making news this fall
There’s been no shortage of news this season when it comes to new tractor model unveilings and improvements to existing machines. Virtually every brand had something new to show off this year on that front. Many of those new machines debuted at the U.S. Farm Progress Show in Boone, Iowa, in August. To help you[...]
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Ontario to scale back renewable energy purchases
Toronto | Reuters –– Ontario will scale back its purchase of renewable power in a move expected to result in savings of up to $3.8 billion from a 2013 forecast, the provincial government said on Tuesday. It’s not clear consumers will benefit directly, though the province’s Energy Minister Glenn Thibeault told a news conference a[...]
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Growmark buys up Ontario farm fuel firm UPI
U.S. farm co-operative Growmark is set to boost its space in the Ontario farm supply market with a deal for the half of fuel supplier UPI Energy it doesn’t already own. Growmark on Monday announced it would buy the remaining 50 per cent stake in Guelph-based UPI from Suncor Energy for an undisclosed sum. UPI[...]
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Sources say GM to use Oshawa plant to expand pickup output
Toronto | Reuters — General Motors will use its Oshawa, Ont. assembly plant to expand production of pickup trucks for the North American market if a tentative agreement with Canadian auto workers is ratified, sources familiar with Canadian labour negotiations said Wednesday. Oshawa’s manufacturing plant, which employs some 2,500 workers, will install component parts and[...]
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California to limit pollutants from diesel exhaust to cow gas
Reuters — California on Monday moved to restrict air pollutants from sources as diverse as diesel trucks and cow flatulence, the latest of several efforts in the most populous U.S. state to reduce emissions leading to climate change. Under a bill signed Monday by Democratic Governor Jerry Brown, the state will cut emissions of methane[...]
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