Insights and Stories on Farm Equipment

Oct. 13, 2021 at 5:41 pm CDT

Reuters — Thousands of Deere and Co. workers were set to go on strike, days after overwhelmingly rejecting a six-year labour contract that was agreed on by United Auto Workers negotiators and the tractor maker. Earlier this month, the world’s largest farm equipment maker and the UAW reached an agreement […]

By Reuters

Aug. 20, 2021 at 7:32 pm CDT

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 […]

By Rajesh Kumar Singh, Sanjana Shivdas

Aug. 16, 2021 at 4:09 pm CDT

The world’s biggest privately-owned chain of Deere construction and forestry equipment dealerships is set to expand its reach into Deere farm equipment in a major way. Brandt Tractor, the equipment sales arm of the Regina-based Brandt Group, on Monday announced an agreement to buy all of publicly-traded Cervus Equipment Corp. […]

By Dave Bedard

Jul. 7, 2021 at 6:54 pm CDT

Washington | Reuters — U.S. President Joe Biden wants to give that country’s farmers more power in negotiating the sale of livestock to big processors and in deciding who repairs their tractors, the White House said on Tuesday. The executive order, expected within days, will also address such competitive issues […]

By David Shepardson, diane-bartz

Jun. 21, 2021 at 2:24 am CDT

The parent company behind Case IH, New Holland, Flexi-Coil and Steyr farm equipment is set to absorb a significant U.S. supplier of precision ag tech to its product lines and others. CNH Industrial on Monday announced a friendly all-cash agreement to buy up all shares in Sioux Falls, South Dakota-based […]

By Dave Bedard