Canada’s biggest Deere dealership group has sold its minority stake in a Prairie dealership chain back to the chain’s majority owners. Calgary-based Cervus Equipment Corp. said Wednesday it has sold its 21.449 per cent of Maple Farms Partnership, owner of the Maple Farm Equipment chain of Deere farm equipment dealerships, back to Maple for about […] Read more

Major Deere dealer sheds stake in Prairie chain

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

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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Antique tractors at auction offer a trip back through time
Reading Time: < 1 minute Norman and Judy Erickson’s farm near Viking was the place to be on Aug. 13, when 74 antique tractors (all but three completely restored) went on the auction block. More than 1,000 people came from across the Prairies and Ontario, with online bidders joining from the U.S. and the United Kingdom for the sale handled[...]
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Deere & Co. to buy Monsanto’s Precision Planting farm equipment business
Chicago/Reuters – Monsanto Co’s Climate Corp subsidiary on Tuesday announced a definitive agreement to sell its Precision Planting farm equipment business to Deere & Co for an undisclosed sum. The deal also allows nearly real-time data connections between certain John Deere farm equipment and Climate’s farming software programs, Climate FieldView. Climate will keep its digital farming[...]
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John Deere to acquire European farm equipment maker Monosem
Reuters – Deere & Co. shares rose about 2 per cent on Monday after the company said it plans to acquire Monosem, a European family-owned farm equipment manufacturer that specializes in “precision planters” designed to increase crop production. Deere would not comment on the transaction’s financial details or Monosem’s revenues, but it does expect the[...]
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Deere cuts profit forecast as farm equipment sales decline
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[...]
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Deere to cut over 900 U.S. workers as ag economy weakens
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[...]
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Four Albertans win Deere 4-H scholarships
Reading Time: < 1 minute Rebecca Marie Carlson of Blackie, Casey Morey of Rochester, Heidi Trenson of Rimbey and Lisa Krista Jakobsen of Calgary are among 15 winners of John Deere 4-H scholarships for 2014. The scholarships of $1,000 each go toward a post-secondary education related to agricultural/mechanical trades, engineering, science, business, or health. Applications were reviewed by a panel[...]
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No stopping Wainwright man’s passion for John Deere tractors
Reading Time: 2 minutes In 1952, 18-year-old Gordon Gilchrist arrived in Alberta from Ontario with a shopping bag in one hand and a gramophone suitcase in the other. Back home, his family farmed with horses. But when he came to Alberta, the Ontario teen found work with a farmer north of Edgerton who introduced him to John Deere tractors.[...]
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