Reading Time: 2 minutes Deere & Co forecasted lower-than-expected 2025 profit on Thursday, as slumping farm incomes and inflationary pressures affect demand for the company's tractors and other agricultural equipment.
Deere forecasts weak annual profit as farm incomes sag
CNH Industrial shares fall after third-quarter profit miss, forecast cut
Reading Time: 2 minutes Shares of CNH Industrial fell more than 10 per cent premarket on Friday, after the farm and construction equipment maker missed third-quarter profit estimates and cut its 2024 profit forecast due to weak demand and reduced dealer inventory requirements.
Tractors of the year announced at EIMA agricultural machinery show
Reading Time: < 1 minute Day one of the EIMA international machinery show in Balogna, Italy, saw five tractor manufacturers take home awards for Tractor of the Year. There were six different categories in play – Fendt won in two categories – that ranged from horsepower to sustainability and a newly created category called 'TotyBot' for fully automated tractors without a cab.
EIMA 2024 opens its doors to the world
Reading Time: < 1 minute Glacier FarmMedia digital editor Greg Berg takes in the 2024 EIMA International Agricultural and Gardening Machinery Exhibition in Bologna, Italy.
Canada’s Outdoor Farm Show 2024: TMR’s can save significant time and money
Reading Time: 2 minutes TMR mixer demo at Canada's Outdoor Farm Show 2024 shows sheep producers how significant labour and cost savings can result from using this equipment.
Czech ag attache sees trade possiblitities at Canada’s Outdoor Farm Show
Reading Time: < 1 minute Filip Lameš, agricultural attache to the embassy of the Czech Republic, also known as Czechia, was at the Canada's Outdoor Farm Show 2024 in Woodstock to explore potential new markets for agriculture manufacturers in his country and innovations that farmers there could adopt.
Combine market holding, for now
Reading Time: 2 minutes According to a recent news release from Alberta Agriculture and Irrigation, higher combine prices do not yet appear to have affected their sales in Canada.
Solar dry, soldier fly, AI: Africans fight hunger with innovation
Reading Time: 4 minutes Alongside container farms in South Africa cultivating soldier flies for animal feed, solar-powered fish and crop dryers in Tanzania and machine-learning pest detectors in Kenya, Africans are coming up with innovative solutions to overcome the effects of climate change on food production.
CNH Industrial lowers profit forecast on slow demand for farming products
Reading Time: 2 minutes Farm and construction equipment maker CNH Industrial on Wednesday lowered its 2024 profit forecast for the second time, as slowing demand for its tractors and combines keeps hopes for a recovery in the second half of the year muted.
Summer Series: Old machines,new technology
[Change Management] Can retrofit kits mean it’s cheaper and smarter to say no to trading in?
Reading Time: 7 minutes One of my first jobs was working as a mechanic’s helper at a farm equipment dealership in the late 1970s. Among my duties was using an F-250 Ford pickup and gooseneck deck trailer to pick up and deliver equipment. I even recall delivering a combine on that unit. Granted, it was a smaller, older machine […] Read more
A message from April Stewart, Country Guide's Associate Editor
