GFM Network News





(JimPattison.com)

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



John Deere says its new line of heavy harrows features a quick folding and unfolding sequence to help farmers move more quickly between fields. (Deere.com)

Degelman to make heavy harrows for Deere

Regina company reaches OEM agreement for new line

Major U.S. farm equipment manufacturer John Deere Co. has launched a new line of heavy harrows — and is going to Saskatchewan to get them. Regina equipment maker Degelman Industries announced Tuesday it has reached an OEM (original equipment manufacturer) agreement to provide Deere with a line of three heavy harrow models, the HH50, HH70 […] Read more

(Deere.ca)

Deere buys up ag software maker Harvest Profit

Software's integrations with non-Deere systems to continue

A North Dakota company whose software is used to help farmers gauge a crop’s profitability on a field-by-field basis will now run with the Deere. John Deere on Nov. 12 announced it has acquired Fargo-based Harvest Profit for an undisclosed sum. Harvest Profit — whose software was already integrated with the John Deere Operations Center […] Read more


(CervusEquipment.com)

Cervus to expand Saskatchewan reach

Deere chain announces Nipawin shop, Farm At Hand tie-in

Deere farm equipment dealer chain Cervus Equipment is set to expand its reach in northeastern Saskatchewan next month. Calgary-based Cervus — which operates 21 Deere dealerships in Alberta, Saskatchewan and British Columbia along with 42 other machinery dealerships in Canada, Australia and New Zealand — announced Thursday it plans to have a new dealership open […] Read more

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)

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

Low incomes, lack of credit hobble African mechanization

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



(Deermart video screengrab via YouTube)

Deere mega-dealership buys into Red Deer market

A central Alberta John Deere dealership which billed itself as “one of the few independently owned” dealers in the region is set to join Cervus Equipment. Calgary-based, publicly-traded Cervus announced Friday it will buy Red Deer-based Deermart Equipment Sales for an undisclosed sum. Deermart, owned by John Donald, Jack Donald and Abe Derksen since 1982, […] Read more