Production and maintenance workers at 14 Deere and Co. plants are expected to return to work starting Wednesday night after voting to approve a new contract. United Auto Workers (UAW), which represents over 10,000 Deere employees in the U.S., said late Wednesday its members voted 61 per cent in favour of new six-year collective bargaining […] Read more
Deere’s striking U.S. workers accept revised offer
Operations to resume Wednesday night, company says
Deere’s U.S. workers on strike after rejecting deal
Reuters — Thousands of Deere and Co. workers began a strike on Thursday, the United Auto Workers (UAW) said, days after overwhelmingly rejecting a six-year labour contract that was agreed on with the tractor maker. Earlier this month, the world’s largest farm equipment maker and the UAW union reached an agreement after weeks of negotiation […] Read more
Deere’s U.S. workers set to strike as UAW fails to reach deal
Reuters — Thousands of Deere and Co. workers were set to go on strike, days after overwhelmingly rejecting a six-year labour contract that was agreed on by United Auto Workers negotiators and the tractor maker. Earlier this month, the world’s largest farm equipment maker and the UAW reached an agreement after weeks of negotiation on […] Read more
Deere lifts 2021 forecast on solid equipment demand
Reuters — Deere and Co. on Friday raised its full-year earnings forecast after quarterly profit topped Wall Street estimates on the back of strong demand for farm and construction equipment. The world’s largest farm equipment manufacturer now expects net income in fiscal 2021 to be between $5.7 billion and $5.9 billion, up from a range […] Read more
GRO to retire 26-year-old combine
Reading Time: < 1 minute Gateway Research Organization can now retire its 26-year-old plot-sized combine after receiving $293,000 from the Western Grains Research Foundation for the purchase of a new one. “The new combine will not only improve our efficiency in research data collection but will also be a step up for employee safety standards,” said Sandeep Nain, general manager […] Read more
Equipment dealer chain Rocky Mountain to go private
Publicly traded CNH dealer's top brass make offer
Canada’s biggest farm equipment dealership chain has made a deal to take itself private after almost 13 years on the TSX. Rocky Mountain Dealerships (RME) announced Monday it has an agreement in place with a numbered Alberta company controlled by CEO Garrett Ganden and board chairman Matthew Campbell, for 100 per cent of RME at […] Read more
AIM features first-ever combine demo
Six machines will make daily passes through a field of fall rye
Reading Time: < 1 minute There’s never been anything like this in Western Canada before. See, first hand, how a fall rye crop feeds into and passes through six machines as they line up side by side to harvest in the Ag in Motion demonstration field. Fall rye has been seeded at the Ag in Motion site and has been […] Read more
Seven new product reveals from John Deere
In early June John Deere invited members of the farm media to its Harvester Works facility in Moline, Illinois, to see the full line of equipment it was introducing in 2017. And all of it was parked on the lawn in front of that combine manufacturing facility for reporters to photograph and learn about from[...]
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Inputs and iron: Relentless price hikes squeeze producers
When crop prices soared, so did costs — and they stayed high even as farm revenues fell back to earth
Reading Time: 6 minutes Record-high grain and oilseed prices are a speck in the rear-view mirror, but they’ve left a legacy of higher costs. “When we see higher grain prices, we can expect to pay higher inputs,” said Scott Keller, a mixed grain farmer near New Norway. “All the companies selling crop inputs look at farmers’ margins and then[...]
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Six numbers in agriculture to make you stop and think
It isn’t as quiet as you might think on the home front. Yes, today’s farms seem stable, but the next evolutionary wave is gaining energy
In 2009, total Canadian net farm income was $2.8 billion. Four years later, it was $10 billion more, with Statistics Canada’s saying a $5.6-billion rise in the total value of farm-owned inventories from the year before accounted for almost all of the increase in total net income in 2013 That inventory increase came from a[...]
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