Reading Time: 2 minutes Milan | Reuters (July 26, 2018) – Truck and tractor maker CNH Industrial raised its full-year guidance on Tuesday after better-than-expected quarterly earnings, sparking a more than 10 percent rally in its shares. Milan-listed shares closed 10.6 percent higher at 9.93 euros, making it the best performer on the city’s blue-chip index, which ended the session […] Read more
CNH Industrial improves guidance after strong Q2, shares up 10 pct
VIDEO: Kubota baler takes to the field at Ag in Motion
Reading Time: < 1 minute Michel Landry, field product specialist with Kubota, gives you a walk-around of the brand’s BV5160 baler at Ag in Motion, and talks about some of the features that help set it apart from other manufacturers on the market.
CP conductors, engineers ratify four-year deal
Reading Time: < 1 minute Conductors and engineers for Canadian Pacific Railway have voted for labour peace following a 33-hour strike in late May. CP’s 3,100-odd conductors and engineers, represented by the Teamsters Canada Rail Conference (TCRC), announced July 20 they have voted to ratify a four-year agreement. Almost 63 per cent of eligible employees cast electronic ballots in the […] Read more
AGCO sees Draper headers top demand
Company says better performance results in customer preference for Draper heads
Reading Time: 3 minutes AGCO launched its 9250 flexible Draper header back in 2010. It was compatible with all the company’s Gleaner, Massey Ferguson and Challenger branded combines. Since then, though, engineers have made a few tweaks to its design, and a version of the current design remains in use across all three combine brands. “We’ve had quite a […] Read more
Dwindling diesel supplies could boost price
Reading Time: 2 minutes CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring […] Read more
Ag in Motion sets single-day record
Reading Time: 2 minutes Glacier FarmMedia’s outdoor farm show Ag in Motion has wrapped its 2018 edition and booked a single-day record for attendance. The show, held July 17-19 near Langham, Sask., northwest of Saskatoon, reported three-day attendance of 30,355, including record attendance of 11,425 on the Wednesday. That single-day gate included more attendees than the three-day total for […] Read more
Michelin to buy ag track maker Camso
Reading Time: 2 minutes The Michelin Man is set to take on much more field work with a US$1.45 billion deal for Quebec off-the-road track and tire manufacturer Camso. The deal, pending regulatory approval, calls for France’s Michelin to combine its off-the-road (OTR) business with Camso in a new division. “By joining forces with Camso, Michelin will create the […] Read more
Crude oil and canola part company, for now
Reading Time: 2 minutes CNS Canada — The symbiotic relationship that crude oil and canola used to enjoy seems to have hit a snag. Chart structures have proven that crude prices have pushed and pulled canola up and down in recent years. However, since the start of 2018, the gains enjoyed by crude oil have failed to lift canola. […] Read more
Iron backlog gone as equipment makers rightsize
It’s taken a few years, but dealers have finally whittled down inventories
Reading Time: 3 minutes Two years ago, you couldn’t drive past an equipment dealership without noticing the rows upon rows of machines — carry-over of anticipated demand that never came. “In 2013 and 2014, everybody was firing on all cylinders,” said Leah Olson, president of the Agricultural Manufacturers of Canada. “With our record harvests, there was a fundamental shift […] Read more
CP’s signal maintainers ratify three-year deal
Reading Time: 2 minutes Signal and communications employees with Canadian Pacific Railway (CP) have voted to accept a tentative three-year deal that helped end a 33-hour work stoppage in late May. CP and the International Brotherhood of Electrical Workers (IBEW) System Council No. 11, which represents 360 CP signal maintainers, announced Friday the union’s CP members had voted 78 […] Read more
A message from April Stewart, Country Guide's Associate Editor
