Deere and Co. Archives | Alberta Farmer Express

David Kayi, a Hello Tractor engineer, installs an application on a John Deere 5503 tractor, using the Hello Tractor technology that connects farmers with vehicles’ owners, at a hay farm at Umande village in Nanyuki, Kenya on Feb. 4, 2020. (Photo: Reuters/Njeri Mwangi)

Crops, Machinery & Shop, Markets, Reuters

Deere taps tractor-hailing tech in bid to break ground in Africa

Low incomes, lack of credit hobble African mechanization

By Omar Mohammed, Joe Bavier, GFM Network News February 25, 2020

Nanyuki, Kenya/Johannesburg | Reuters — It’s ride-hailing, farm style. Deere and Co. is teaming up with the “Uber of tractors” in Africa and betting on a future where farmers summon machines with the touch of a button. The world’s leading farm equipment maker is outfitting its tractors with startup Hello Tractor’s technology, which allows farmers […] Read more

Crops, Machinery & Shop, Markets, Reuters

Deere cuts profit forecast as farm equipment sales decline

By Reuters February 20, 2015

Reuters — Farm equipment maker Deere and Co. posted a 43 per cent fall in first-quarter profit and cut its full-year profit forecast as lower corn prices and weak farm income weighed on demand for agricultural machinery. The company, which gets nearly two-thirds of its revenue from farm and turf machinery, cut its 2015 net […] Read more

Crops, Machinery & Shop, Reuters

Deere to cut over 900 U.S. workers as ag economy weakens

By Tom Polansek January 23, 2015

Chicago | Reuters — Deere and Co., the world’s largest maker of farm equipment, will lay off more than 900 employees at plants in Iowa and Illinois in the latest round of job cuts spurred by a decline in grain prices that is hurting demand for agricultural machinery. The layoffs, which represent about three per […] Read more

U.S. grains: Corn, soy drop; soyoil limit-down

U.S. livestock: Cattle gain on strong packer margins

U.S. livestock: Lean hogs end mostly higher

GFM Network News

U.S. grains: Corn, soy drop; soyoil limit-down

U.S. livestock: Cattle gain on strong packer margins

U.S. livestock: Lean hogs end mostly higher

Tag Archives Deere and Co.

Deere taps tractor-hailing tech in bid to break ground in Africa

Deere cuts profit forecast as farm equipment sales decline

Deere to cut over 900 U.S. workers as ag economy weakens

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 11, 2021.

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