Deere & Co said on Wednesday it would cut an unspecified number of production and salaried jobs to save costs as it grapples with a downturn in farm equipment demand.
Tag Archives agricultural equipment
Deere announces job cuts to tackle slowing farm equipment demand
VIDEO: Bourgault launches ‘two-for-one’ seed meter
New XP Duo Seed Meter supplies singulation to two row units from a single meter
Last month at the National Farm Machinery Show, Bourgault Industries introduced its latest offering to the seeding and planting market: the XP Duo Meter. The latest development from the Saskatchewan-based ag equipment brand uses one meter housing to control seed to two individual rows (though operators can deliver to just one row if they choose). […] Read more
Supply chain chaos eases at parts counter
Shortages are now fewer on many, but not all, components
Glacier FarmMedia — Manufacturers of ag equipment and some agricultural dealers in Canada have changed their practices because of the COVID-19 pandemic. They are now stocking more parts and components on site because a lack of products caused major disruptions during the pandemic. “I know it can be a challenge for producers, dealers and manufacturers […] Read more
Linamar makes Bourgault buyout official
Company says it hopes to double Bourgault's business in five years
Linamar's acquisition of air-drill manufacturer Bourgault has officially gone through, the company announced yesterday.
Bourgault becomes third shortliner acquired by Linamar since 2017
Leadership say they want to double the business of the maker of Highline equipment and Freeform Plastics
In 2017 Linamar, a company best known as an auto parts manufacturer, purchased Winnipeg-based header and swather manufacturer MacDon. It followed that up by bringing implement brand Salford into its fold in 2022. In late December the company announced it is now adding Saskatchewan-based air drill manufacturer Bourgault into its family of shortline ag equipment brands.
Equipment sales expected to soften in 2024
Interest rates, equipment prices and commodity prices will all play a role, says FCC
According to FCC's 2024 outlook for the Canadian farm equipment market, new sales are projected to be softer in 2024 based on three factors: higher interest rates, elevated equipment prices and a decline in commodity prices.
China must raise self-reliance in ag tech, Xi says
Seed industry seen as weak link in food chain
Beijing | Reuters — President Xi Jinping wants China to accelerate efforts to achieve self-reliance in agricultural technology, identifying seed development and core equipment among areas to focus on, state media reported. The central leadership had said in 2020 that the country’s seed industry was a weak link in the food chain and needed to […] Read more
Case IH debuts variable tillage implement
The VT-Flex 435 gets on-the-go gang angle adjustment capability
Increasingly, we’re seeing several different types of machines capable of immediately adapting to changing field conditions. And tillage equipment certainly hasn’t been left out of that trend to continually advance the technology built into today’s farm equipment. Last fall, Case IH announced it is adding the VT-Flex 435 vertical tillage tool to its tillage line. […] Read more
Salford adds the VRT to its Halo high-speed disc line
New model offers on-the-go disc angle adjustability
Salford has just added a new model to the Halo line of high-speed disc implements it debuted in 2020, the VRT (variable-rate tillage). This tillage tool is capable of on-the-go changes to disc angles to vary how aggressively it engages the soil. Those changes can be made multiple times in a field right from the […] Read more
CNH buys software house NX9 to bolster ag business
Milan | Reuters — CNH Industrial has bought software engineering firm NX9, it said on Thursday, in a further step to boost digital innovation in its agricultural division as it prepares to spin off its truck, bus and engine operations. U.S.-based NX9 is a small software house specializing in so-called ‘ISOBUS’ technology for agricultural equipment, […] Read more
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