Agritechnica, the world’s largest farm machinery show is nothing like farm shows we see in North America. The equipment shines to a finer gleam, extreme care is paid to lighting – so much blue at New Holland, red at Case IH, green at John Deere and orange at Kubota. The show is huge – 27 […] Read more
Agritechnica Day 1: Combine launches, giant power units
Autonomous tractor retrofit arrives in Canada
A Kubota tractor outfitted with the Sabanto system is being demonstrated in Ontario
Reading Time: 2 minutes Glacier FarmMedia – This tractor has a lot of firsts to it,” said Jordan Wallace, as he motioned to Deacon, the Sabanto Steward-equipped Kubota M5 111. In the sea of tractors and implements displayed at Canada’s Outdoor Farm Show last month, one might not immediately notice the technology draping the orange tractor at the GPS […] Read more
Buhler books bigger profit as supply chain issues pass
Company now seeking 'long-term investment partner'
The maker of Versatile tractors and Farm King equipment says the supply chain issues that have pressured its quarterly bottom line have begun to clear. Winnipeg-based Buhler Industries on Aug. 14 reported net income of $16.1 million on $67.6 million in revenue for its second quarter ending June 30, up from $1.1 million on $57.8 […] Read more
India’s Mahindra aims to double tractor exports with new platform
Oja line to be introduced in North America
Mumbai | Reuters — India’s largest tractor maker, Mahindra and Mahindra, launched a new platform to manufacture lightweight tractors on Tuesday, which would enable the company to double its exports within three years, a senior company official told Reuters. The new platform, named Oja, was developed in collaboration with India’s Mahindra Research Valley and Japan’s […] Read more
Farm equipment sector winning battle on supply chain woes
Delivery times return to normal, but higher prices are part of post-pandemic fallout
Reading Time: 5 minutes It’s been a long, hard road, but the Canadian farm equipment industry is mostly back to its pre-pandemic state. The pull effect of two years of high sales has worked its way through the system and supply chain complications have eased. That means farmers are more likely to get their equipment when they’re supposed to, […] Read more
Canada’s combine sales up in April
Small tractor sales drag on total retail movement
Retail sales of combines in both Canada and the U.S. showed a marked increase in April this year while the market for sub-compact tractors continues to soften, new data shows. The count for April 2023 from the Association of Equipment Manufacturers (AEM) puts self-propelled combine sales in Canada at 166, up 50.9 per cent from […] Read more
Agco, Kubota sign onto U.S. right-to-repair pledge
Firms join Deere, CNH in pacts with Farm Bureau
Two more major ag equipment makers have signed onto a framework that would grant farmers and independent repair shops in the United States reasonable access to the means to repair their machines. The Washington, D.C.-based American Farm Bureau Federation (AFBF) on Monday announced it had reached memorandums of understanding (MOUs) with equipment firms Agco and […] Read more
CNH raises revenue guidance on robust tractor demand
Price increases support profit margins
Milan | Reuters — Farm and construction equipment maker CNH Industrial on Friday raised its full-year revenue forecast as operating profit topped expectations in the first quarter, aided by a strong order backlog and resilient demand for its large tractors. The company increased its revenue outlook for industrial activities to between eight and 11 per […] Read more
CNH sheds Russian business
New Holland, Case IH maker had suspended shipments last year
The maker of Case IH and New Holland tractors and combines is selling its business activities in Russia for about US$60 million. CNH Industrial, which employs about 200 people in Russia, announced the divestment in a release Wednesday without naming the buyer. CNH in March last year suspended all shipments and supplies to Russia and […] Read more
Toromont to sell Manitoba Agco, Claas dealer chain
Dutch firm to buy AgWest
Canada’s Caterpillar equipment distributor for Manitoba and points east is set to sell a major Manitoba dealer of Agco’s farm equipment brands as well as the province’s exclusive dealer for Claas combines. Toromont Industries announced Monday it will sell its AgWest Ltd. arm to Dutch equipment distributor Mechan International, effective May 1. Neither company would […] Read more
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