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(File photo by Dave Bedard)
Crops, Machinery

Railways book higher grain freight revenue for Q1

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Reading Time: 2 minutes Canada’s big two railways reported somewhat higher revenue from handling grain during their fiscal quarter ending March 31, despite both companies reporting winter weather woes. Canadian Pacific Railway (CP) on April 23 reported grain segment revenue of $380 million for the quarter, up six per cent from the year-earlier period, on about 92,800 grain carloads, […] Read more
The 6230R and 6250R were first shown to the public at Agritechnica in Germany in 2017.
Machinery, Machinery Guide

More 6R tractors from John Deere

The green brand imports two new models from Europe

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Reading Time: 3 minutes When John Deere introduced its newest offerings to European farmers at the 2017 Agritechnica in Germany, it showed off two new models for the top end of its 6R tractor line. These two tractors, rated at 230 and 250 engine horsepower, packed a lot of power into a compact chassis. And there was more. Deere’s […] Read more
(File photo by Dave Bedard)
Crops, Machinery

Prairie grain freight cost index adjusted upward

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Reading Time: 2 minutes Corrected, May 6, 2019 and Jan. 7, 2021 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371 […] Read more
(SKHoward/iStock/Getty Images)
Crops, Machinery, Markets, Reuters, Weather

Climate change has U.S. fund managers adjusting agriculture investments

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Reading Time: 3 minutes New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling […] Read more
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General, Machinery, Markets, Reuters

USMCA deal modestly boosts U.S. economy, trade panel finds

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Reading Time: 4 minutes Washington | Reuters — The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the U.S. International Trade Commission showed on Thursday. The ITC report is a crucial step in the push […] Read more
A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)
Crops, Machinery

Regulator rips CN’s use of freight embargoes at West Coast

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Reading Time: 3 minutes Canadian National Railway has been found in breach of its service obligations on grain and other traffic by a federal regulator aiming to crack down on the company’s use of freight embargoes. The Canadian Transportation Agency on Monday released its determination on “possible freight rail service issues in the Vancouver area” last fall. The regulator […] Read more
The AFS Connect Magnum series tractor has been redesigned with new styling and features to deliver exactly what you need to make your life easier and more productive: (A) CAMERAS: Front and rear camera are standard, with optional connections for two additional cameras that hook up easily. All cameras take photos and can be viewed remotely when displayed on the implement monitor; (B) LED LIGHTS ON HOOD AND AT TOP: Operate whenever you need to with lights that provide superior visibility at night; (C) TRI-STRIPE DECALS: Updated styling reflects the latest design seen only on new Case IH tractors; (D) AFS VECTOR PRO RECEIVER: Consolidated components improve guidance consistency; (E) MIRRORS: Telescopic mirrors are controlled from the tractor cab for easy adjustments; (F) BREAKAWAY-STYLE MARKER LIGHTS: Up your visibility with marker lights designed to break away if they encounter an obstacle but won’t break off; (G) 360-DEGREE EGRESS LIGHTING: Located at every angle around the tractor to give you better visibility upon exiting the cab in low light situations; (H) TIRE PRESSURE SENSORS: Monitor and manage proper inflation, all through the AFS Pro 1200 display; (I) CAST WHEEL SPACERS: Machining minimizes tire runout and improves hub retention; (J) SEMI-ACTIVE CAB SUSPENSION: Improved cab comfort reduces operator fatigue for a smooth ride on long days in the field.
Machinery, Machinery Guide

The new AFS Connect Magnum tractor

Digital features dominate in the 2020 models from Case IH

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Reading Time: 3 minutes For model year 2020, the new AFS Connect series Magnum tractors from Case IH is getting exterior styling that’s reminiscent of the prototype autonomous tractor that the brand showed the public just over two years ago. The similarity is no coincidence. When Bill Weber, Case IH high horsepower marketing manager, spoke to a group of […] Read more
Farmers who think leasing equipment will allow them a faster tax write-off may find the opposite to be true.
Machinery

Lease or buy?

Accountant dispels the tax advantage myth of leasing

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Reading Time: 5 minutes It’s been offered as accepted fact in more than a few coffee shop conversations that leasing equipment offers significant tax advantages to farmers. Talk to the sales staff at dealerships and you’ll likely hear them make the same claim. Even so, Lance Stockbrugger, a chartered accountant and cash crop producer from Saskatchewan, says the idea […] Read more
Collecting and using data will drive the agriculture of the future, says a professor at Ohio State University.
Crops, Guide Business, Machinery

Into the future

Celebrated ag tech guru Scott Shearer sees a profitable path ahead, together with some potential bumps

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Reading Time: 4 minutes While it’s not exactly as futuristic as 2001: A Space Odyssey, it’s no longer such a big stretch to imagine the day when a single operator anywhere in the world can remotely control 25 to 30 tractors, and when our crops effectively send us emails letting us know what they need. As professor and chair […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Rising diesel prices coming

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Reading Time: 2 minutes MarketsFarm — Higher diesel prices are on the horizon for Canada and the U.S. in 2019. GasBuddy.com senior petroleum analyst Dan McTeague pointed to an increase in overall demand, combined with a slowdown in heavy oil production and the federal carbon tax as well as pending IMO 2020 regulations — that is, the International Marine […] Read more

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