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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
Crops

Court approval sought for Morris Industries sale

Rite Way deal the 'highest and best offer received'

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The court overseeing creditor protection for seeding equipment maker Morris Industries is being asked to approve a deal for the company’s sale to another Saskatchewan manufacturer. Calgary consultancy Alvarez and Marsal, the court-appointed monitor for Morris, said Tuesday in its latest report to Court of Queen’s Bench in Saskatoon it recommends approval of a sale
Crops

Brandt buys GeoShack’s Ontario business

Deal makes equipment firm the exclusive Topcon dealer for Canada

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Farm, forestry and construction equipment maker Brandt is about to buy itself a lock on the market for Topcon GPS equipment in Canada. The Regina-based Brandt Group announced Wednesday it has reached a deal to buy the assets of GeoShack Canada Co. and the Canadian assets of Inteq Distributors, both owned by Dallas-based Ultara Holdings.
Crops

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

Canada’s Farm Show postponed

New date not yet set for former Farm Progress Show

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One of Canada’s biggest agricultural events has crossed itself off the 2020 summer calendar due to the COVID-19 pandemic. Canada’s Farm Show, which rebranded in December from its former Canada’s Farm Progress Show identity, announced Monday it has officially postponed to an as-yet unconfirmed date. The annual show, organized by the Regina Exhibition Association (REAL),
When it comes to modern machinery, what counts as a repair versus a modification?

Equipment, News

Repair your farm equipment, just don’t remake it

Where’s the line between a fix and a change when it comes to machinery?

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[UPDATED: Feb. 25, 2020] By all means, get that tractor running like new, but watch out if you’re changing how it functions. That was the message 2020 attendees of CropConnect in Winnipeg were told as Eric Wareham, U.S. vice-president of government affairs with the Western Equipment Dealers Association, took the podium. “We as an industry
Crops

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

AgDealer offers online equipment financing, shipping tools

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Canada’s biggest used farm equipment shopper publication has added tools to link prospective buyers to options for payment plans and shipping. AgDealer on Monday announced “major enhancement(s)” at its AgDealer.com site, where each equipment listing will include buttons linking to tools from CWB National Leasing and Trusted Dispatch. The online tools allow AgDealer.com users to
Crops

Ag equipment maker Morris in creditor protection

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Downsizing and staff cuts lie ahead for well known Prairie farm equipment maker Morris Industries as the company enters creditor protection due to a “liquidity crisis.” The Court of Queen’s Bench in Saskatoon on Wednesday approved the Morris Group’s Jan. 3 application, which stays any proceedings or actions against the company until Jan. 18 at
Crops

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

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