Insights and Stories on Equipment

Ritchie Bros. raises cash payout in bid for IAA

Jan. 23, 2023 at 4:14 pm CST

Reuters — Canada’s Ritchie Bros. on Monday sweetened the cash component of its buyout offer for IAA Inc. by 28 per cent, valuing the U.S. auto retailer at US$5.94 billion, and also secured the backing of a key IAA shareholder which had questioned the initial offer. The latest cash-and-stock offer […]

Feather sector’s on-farm upgrade program underway

May. 31, 2021 at 8:39 pm CDT

By Dave Bedard

Spring road bans coming into effect across Prairies

Mar. 5, 2021 at 7:41 pm CST

By Phil Franz-Warkentin

Plant-protein processor’s new processing plant gets grant

Aug. 17, 2020 at 8:19 pm CDT

By Dave Bedard

Subsidy for grain dryer upgrades in Alberta draws critics

Feb. 14, 2020 at 3:16 pm CST

By D.C. Fraser

Deere bets on cost cuts, services push to boost profits

Jan. 8, 2020 at 4:18 pm CST

Chicago | Reuters — Deere and Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable. In a pitch to investors, CEO John May said the measures are expected to boost operating profit margin to […]

By Rajesh Kumar Singh

Deere to lay off 163 U.S. workers as trade war dents demand

Oct. 1, 2019 at 6:56 pm CDT

Chicago | Reuters — Deere and Co. on Tuesday announced indefinite layoffs for 163 U.S. manufacturing workers at plants in Illinois and Iowa that make agricultural, forestry and construction equipment, citing decreased customer demand. The layoffs come week after the company said it would reduce production by 20 per cent […]

By Rajesh Kumar Singh

Climate change has U.S. fund managers adjusting agriculture investments

May. 2, 2019 at 8:21 pm CDT

New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund […]

By David Randall

Salford Ferti-GO 4S Fertilizer Applicator

Apr. 26, 2018 at 4:52 pm CDT

Early in 2018, Salford Group released the Ferti-GO 4S, its planter mounted, granular, on-board fertilizer applicator. The Ferti-GO 4S features a single product hopper, available for mounting on many planter models, with variable rate metering and 4 section control. The hopper has a standard capacity of four tonnes, with the ability to […]

By Staff

Steel tariff shrapnel hits U.S. farmers

Apr. 14, 2018 at 1:18 am CDT

Kane County, Ill. | Reuters — Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new US$71,000 grain bin last month — after the seller raised the price five per cent in a day. The reason: steel prices jumped right after U.S. […]

By P.J. Huffstutter Tom Polansek

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