farm equipment Archives - Page 2 of 21

Prices for used farm equipment down 20 per cent overall

By Scott Garvey June 30, 2024

The used farm equipment market has tightened up considerably so far in 2024 compared to the high it was riding on in the past few years. Some equipment types are being affected more than others. “On those specialized once-a-season assets, people are very selective with what they buy and from where,” says Jordan Clarke, senior […] Read more

Machinery, News

Cyber attack frustrates farm equipment dealers

Dealers forced to use manual processes after software provider hacked

By Geralyn Wichers, John Greig June 25, 2024

CDK provides business management software to dealers of all makes of farm equipment, so major dealers of John Deere, CNH and are working without digital systems across the country. CDK is also the leading provider of management software to automobile dealers and thousands of those dealerships are offline.

Morris’ Quantum Air Drill. (Grainews photo by Scott Garvey)

Machinery, News

Rite Way and Morris to operate under new parent company

By Scott Garvey May 16, 2024

Farmers may soon begin seeing new names appearing on the sides of implements made by Rite Way Manufacturing and Morris Equipment as the two brands begin operating under parent company Superior Farms Equipment Ltd.

(Luca Piccini Basile/iStock/Getty Images)

Machinery, Reuters

Too many tractors: As boom times fade, farm equipment piles up

By Reuters May 9, 2024

Falling crop prices are leaving American agriculture equipment sellers with an excess of unsold tractors and combines. To cope with the surplus, dealers are discounting machines, suspending new orders, and even auctioning off equipment at reduced prices.

A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)

Machinery, Reuters

CNH Industrial cuts 2024 profit view as soft agriculture demand bites

By Reuters May 2, 2024

CNH Industrial cut its annual profit forecast on Thursday, squeezed by slowing demand for its tractors and farm equipment as choppy crop prices and higher borrowing costs hinder farmers from making big-ticket farming purchases.

Agco’s new FarmerCore program aims to help dealers identify how best to enhance and expand their services across their sales territories.

Equipment, Machinery

Agco introduces FarmerCore dealer program

A retail-level development initiative aims to improve the company's overall service to farmers

By Scott Garvey April 11, 2024

When it comes time to buy equipment, the quality of the local dealer, or lack of one, has typically played a big part in many producers’ decisions. A good local dealer is a big advantage for farmers and helps drive sales. It’s a factor of which major brands are well aware. Since its inception in […] Read more

Farm equipment built for sale into markets outside of North America will not likely conform to engineering standards here. Importing these machines may cost producers much more than they expected over the long term.

Equipment, Machinery

Shop in ‘grey market’ at your own risk

Importing machines built for sale outside North America not advisable, Farmers’ Advocate says

By Scott Garvey April 9, 2024

Several years ago, my neighbour sold his farm to a Dutch farmer who wanted to move his operation to Canada. That immigrating farmer brought much of his European equipment with him when he arrived. It was a kind of novelty to see an unfamiliar tractor design working in a Canadian field. However, despite the fact […] Read more

This photo was taken following a Dec. 8, 2020 collision at an uncontrolled intersection east of Winkler, Man. — the first of two vehicle-versus-train collisions in the same RM that afternoon involving the same westbound CP train.

Wheat & Chaff

Farm safety includes being rail-safe

By Canadian Agricultural Safety Association March 8, 2024

With nearly 45,000 kilometres of active railway tracks and roughly 40,000 railway crossings from coast to coast, many Canadians encounter trains daily. That’s especially true in rural areas, where many farms are located near railway tracks. “In 2022 there were 232 incidents between trains and vehicles or people in Canada that resulted in 66 fatalities […] Read more

Romafra Metal Works displayed its replacement air cart metering systems last month during Manitoba Ag Days in Brandon.

Machinery

Adding new features to older air carts

Updated rate controller, and sectional control for Deere 1900 and 1910

By Scott Garvey February 23, 2024

It seems with each new model year, equipment manufacturers continue to one-up themselves on technology. That means adding an increasing number of digital features designed to increase production and reduce input costs. But with the rising cost of new machinery, many producers may be inclined to take a second look at ways to upgrade features […] Read more

Machinery, Reuters

Deere cuts 2024 profit view as borrowing costs hurt demand

Executives expressed caution about margin performance amid weakening farm economy

By Reuters, GFM Network News February 15, 2024

Deere & Co cut its 2024 profit forecast on Thursday as farmers remained hesitant about big-ticket equipment purchases due to high borrowing rates and falling crop prices, even as its first-quarter sales and profit topped Wall Street estimates.

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

Tag Archives farm equipment

Prices for used farm equipment down 20 per cent overall

Cyber attack frustrates farm equipment dealers

Rite Way and Morris to operate under new parent company

Too many tractors: As boom times fade, farm equipment piles up

CNH Industrial cuts 2024 profit view as soft agriculture demand bites

Agco introduces FarmerCore dealer program

Shop in ‘grey market’ at your own risk

Farm safety includes being rail-safe

Adding new features to older air carts

Deere cuts 2024 profit view as borrowing costs hurt demand

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

Cyber-Savvy Farmer

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