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These farms have lots of items, all of which are depreciating. In addition, most items will be sitting idle for most of the year and not generating any profit for the farm.
Equipment, Features, Machinery

Do you really need all that machinery on your farm?

Hidden profit robbers, Part 3: Unused machinery, too much diversification could be affecting your profitability

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In this series of articles, I looked at various profit robbers on the farm and how to address them. In Part 1, I examined the biggest offender — machinery depreciation — and how sneaky it is, since it’s a hidden cost that doesn’t affect your cash flow. To minimize this cost, I suggested you consider […] Read more
AGCO is testing the effect of tire inflation pressures on crop growth with its new Fendt Momentum planter.
Machinery, News

High tire inflation pressures stunt plant development

AGCO Crop Tour demonstrates tire pressure’s effect on crop growth

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Two years ago, AGCO media relations staff introduced Jason Lee at a press event at the AGCO assembly plant in Jackson, Minn. He was the company’s new agronomist and farm solutions specialist and his job — among other things — was to measure the brand’s equipment designs’ effects on crop production. That data, he said, […] Read more
File photo of Rocky Mountain’s dealership at High River, Alta. (Country Guide photo by Scott Garvey)
Crops, Machinery

Equipment dealer chain Rocky Mountain to go private

Publicly traded CNH dealer's top brass make offer

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Canada’s biggest farm equipment dealership chain has made a deal to take itself private after almost 13 years on the TSX. Rocky Mountain Dealerships (RME) announced Monday it has an agreement in place with a numbered Alberta company controlled by CEO Garrett Ganden and board chairman Matthew Campbell, for 100 per cent of RME at […] Read more
An OFX widget is now available for farmers perusing AgDealer’s online listings. (GFM staff photo)
General, Machinery

AgDealer plugs into forex service provider

Listing site to offer currency exchange service on cross-border purchases

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Farmers buying used iron internationally by way of AgDealer are getting access to what’s billed as a lower-cost option to handle the currency exchange. AgDealer, Canada’s largest used farm equipment shopper publication and online listing platform, announced a partnership Tuesday with OFX Group, an Australian-based online currency exchange provider. Farmers, distributors and buyers outside of […] Read more
With the Spillnomore device installed in fuel skid tanks on the farm, Dallas Leduc says there have been no more seeps or spills around the refill port.
Machinery

Stop leaks and spills from fuel slip tanks

Simple device prevents fuel loss and is good for the environment

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Dallas Leduc says a device he has installed in all portable fuel tanks on his southern Saskatchewan farm does exactly what it says it was intended to do — prevents fuel from slopping out through the vented fuel caps, saving fuel and preventing a mess in the back of the truck. It’s not a life-changing invention […] Read more
Morris’ Quantum Air Drill had its first public appearance at Canada’s Farm Progress Show and its formal launch at Ag in Motion in 2018. (Grainews photo by Scott Garvey)
Crops, Machinery

Rite Way proposes to buy Morris Industries

Regina farm equipment maker draws up letter of intent

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Cash-crunched seeding equipment maker Morris Industries has been handed a letter of intent to purchase, from a Saskatchewan suitor with a farm equipment company of its own. Calgary consultancy Alvarez and Marsal said in a report Tuesday it received a letter of intent for a “proposed sale transaction” from Superior Farms Solutions Ltd. (SFSL), the […] Read more
(CervusEquipment.com)
Crops, Machinery

Cervus to expand Saskatchewan reach

Deere chain announces Nipawin shop, Farm At Hand tie-in

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Deere farm equipment dealer chain Cervus Equipment is set to expand its reach in northeastern Saskatchewan next month. Calgary-based Cervus — which operates 21 Deere dealerships in Alberta, Saskatchewan and British Columbia along with 42 other machinery dealerships in Canada, Australia and New Zealand — announced Thursday it plans to have a new dealership open […] Read more
(Greg Berg photo)
Crops, Machinery

Machinery costs driving up fixed farming expenses

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MarketsFarm — Fixed costs on farms continue to rise year-over-year, a statistic largely attributed to increasing land values and interest rates. At the beginning of 2019, Farm Credit Canada (FCC) reported farmland values across Canada increased by an average of 6.6 per cent during the previous year. But that’s not the main driver of fixed […] Read more
(JimPattison.com)
Crops, Machinery

Pattison to shut one Saskatchewan Deere dealership

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Pattison Agriculture’s chain of Deere ag equipment dealerships in Saskatchewan and Manitoba is preparing to cut one link. The Prairie farm equipment sales and service arm of B.C.’s Jim Pattison Group announced Tuesday on its website and social media it will permanently close its dealership at Foam Lake, Sask. effective Dec. 31. The Pattison store […] Read more

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