Reading Time: 3 minutes Prices for farm equipment continue to rise. And it’s not just fancy new iron that’s causing farmers to do double takes. How does $62,972 sound for a 1994 New Holland 9680 tractor? How about $49,995 for a 1995 John Deere 1850 air drill? Or $80,000 for an older tandem axle grain truck? “You’re seeing an […] Read more
No end in sight for soaring farm equipment costs
It’s not just the price tags on new equipment that’s shocking, it’s also the spillover effect in the used market
Foxconn to build autonomous electric tractors in Ohio
Tech firm to make units for U.S.-based Monarch
Reuters — Taiwan’s Foxconn, the world’s largest contract electronics maker, on Tuesday said it will build driverless electric tractors for California-based Monarch Tractor at its Lordstown, Ohio facility starting in early 2023. The announcement comes as heavy machinery manufacturers, including Deere and Agco, set their sights on the electric vehicle market as the U.S. agriculture […] Read more
The buyers are willing but the equipment supply chain is weak
Farm equipment sales jump but availability of new machines and parts for older ones remain an issue
Reading Time: 4 minutes Driven by high commodity prices and low interest rates, sales of farm equipment shot up last year — but getting delivery was a huge headache for many. Sales of four-wheel-drive tractors in Canada rose 33 per cent, 100+ horsepower tractors were up 34 per cent, and combines were up 23 per cent, according to data […] Read more
Deere tapping into Apple-like tech model to drive revenue
'Hopefully the costs will be paid back in the long run'
Bondurant, Iowa | Reuters — Deere and Co. has sold its tractors and other equipment to farmers for decades, but the world’s largest agriculture machinery manufacturer is tearing a page from the technology world’s playbook — combining cutting-edge hardware with software and subscription models to drive revenue growth. In a world with a dwindling number […] Read more
Southern Ontario Kubota dealer chain sold
Robert's, Stewart's buy Earth Power dealerships
A chain of Kubota dealerships in southern Ontario is selling its three links to two separate new owners. Earth Power Tractors and Equipment, owned in partnership by Jim Kelly and Jeff Cook since 2005, said Thursday it has a deal in place to sell its sites at Owen Sound and nearby Meaford to Robert’s Farm […] Read more
Agco buys Manitoba ag autonomy firm JCA
Massey, Fendt maker boosts precision ag capacity
International farm equipment maker Agco is aiming to boost its bench strength in the precision agriculture and autonomous ag sectors by buying a Prairie software and hardware company known for both. Agco, the maker of machinery brands including Massey Ferguson, Fendt, Challenger and Valtra, said Monday it has bought Winnipeg-based JCA Technologies for an undisclosed […] Read more
Saskatchewan clarifying certain on-farm PST exemptions
More items to be specified as exempt in tax regulations
Saskatchewan farmers’ and ranchers’ concerns about some inconsistencies in how and when provincial sales tax is applied to purchases of on-farm equipment will be dealt with in a revised list effective late next week. The province said Wednesday in a budget release that a “number of clarifications” will be made to its Provincial Sales Tax […] Read more
Farming behind the lines in Ukraine
A Ukrainian agriculture journalist chronicles the challenges of sowing a crop during wartime
Ukrainians will farm their land, even in the face of war. In the Kherson area of southern Ukraine, where war rages and the city of Kherson is seen by the Russian invaders as strategic, a column set out on Monday. This was a column of tractors, under the flag of Ukraine. In it were farmers […] Read more
Equipment maker Buhler distances self from Ukraine invasion
A Winnipeg farm equipment manufacturer is distancing itself from Russia’s invasion of Ukraine. Buhler Industries, which manufactures the Versatile tractor line and Farm King equipment, is majority-owned by the Russian firm Combine Factory Rostselmash. That firm purchased an 80 per cent stake in Buhler in 2007 and boosted that to 97 per cent ownership in […] Read more
Manitoba border blockade expected to end Wednesday
'Resolution' reached, Mounties say
Another protest blockade of a key Canada-U.S. trade corridor is expected to wrap up by Wednesday. Manitoba RCMP on Tuesday reported they “are now confident that a resolution has been reached” with protestors who, since Thursday, have blockaded Highway 75 leading to the border crossing at Emerson, Man., about 100 km south of Winnipeg. The […] Read more
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