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Local UAW union members arrive at Starbuck Middle School at Racine, Wis. to vote on CNH Industrial’s latest contract offer on Jan. 7, 2023. (Photo: Reuters/Bianca Flowers)
Crops

CNH workers at two U.S. plants reject proposed contract

Plants' workers on strike since May

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Racine | Reuters — Members of two local unions that have been on strike since May at CNH Industrial factories in Wisconsin and Iowa on Saturday voted down a tentative labour contract, the United Auto Workers union said. The union did not disclose how many workers at the two plants rejected the four-year deal, which
(Luca Piccini Basile/iStock/Getty Images)
Markets

Farm equipment demand to remain high, FCC says

Low inventories, high commodity prices and a good crop place pressure on demand

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Demand for farm equipment should remain high through 2023 despite higher interest rates and projected price increases, according to Farm Credit Canada. The federal ag lender has released an outlook on the farm equipment market that analyzed data and trends that affect the market. While the outlook attributes much of the current demand to relatively
The sticker price of new equipment is bad enough but it’s the cost of used machines that has many farmers shaking their heads, says Jason Lenz.
Equipment, News

No end in sight for soaring farm equipment costs

It’s not just new equipment prices that’s shocking, it’s also the spillover in the used market

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Glacier FarmMedia – Prices for farm equipment continue to rise. And it’s not just fancy new iron that’s causing farmers to do double takes. How does $62,972 sound for a 1994 New Holland 9680 tractor? How about $49,995 for a 1995 John Deere 1850 air drill? Or $80,000 for an older tandem axle grain truck?
“I’ve had people come to our booth and tell us we bought them new half tons. If you’re losing three bushel(s) and you can get that down to one, that’s a considerable amount of money.” – Trevor Scherman.
Crops, Equipment

Calibrate your combine to boost profits

An hour or two spent properly calibrating your machine could be the most lucrative time you spend this harvest

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Farmers will spare no expense when it comes to tending their crops and maximizing production. So why do they spit so many of their profits out the back end of their combines at harvest? It’s a mystery to North Battleford farmer and inventor Trevor Scherman, one of the speakers at the recent Ag in Motion
Russia’s Rostselmash in November 2021 launched a new Delta Track line of heavy-duty tractors, based on a similar line made at the Buhler plant in Winnipeg. (Rostselmash.com)
Crops

Versatile tractor maker’s majority owner boosts stake

Russia's Rostselmash raises ownership to almost 97 per cent

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The Russian farm equipment manufacturer which held just over 80 per cent of Canadian tractor and equipment maker Buhler Industries has now taken up near complete ownership. Winnipeg-based, publicly-traded Buhler Industries announced Wednesday that Combine Factory Rostselmash has bought another 16.3 per cent of Buhler shares for $3 per share, or about $12.25 million. Buhler,
(ClaasOfAmerica.com)
Crops

Claas sees more semiconductor chip snags in 2022

'It's going to be a tough next six months'

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Paris | Reuters — Agricultural machinery maker Claas said Thursday it expects difficulties in securing semiconductor chips to persist for the first half of next year, which could curb a surge in profits linked to booming farm demand. An upturn in orders from farmers, who are benefiting from high crop prices after several lean years,
U.S. Agriculture Secretary Tom Vilsack speaks with striking workers at Deere’s Des Moines-area farm equipment plant at Ankeny, Iowa on Oct. 20, 2021. (File photo: Reuters/Scott Morgan)
Crops

Deere’s striking U.S. workers accept revised offer

Operations to resume Wednesday night, company says

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Production and maintenance workers at 14 Deere and Co. plants are expected to return to work starting Wednesday night after voting to approve a new contract. United Auto Workers (UAW), which represents over 10,000 Deere employees in the U.S., said late Wednesday its members voted 61 per cent in favour of new six-year collective bargaining
(Deere.com)

Deere’s U.S. workers on strike after rejecting deal

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Reuters — Thousands of Deere and Co. workers began a strike on Thursday, the United Auto Workers (UAW) said, days after overwhelmingly rejecting a six-year labour contract that was agreed on with the tractor maker. Earlier this month, the world’s largest farm equipment maker and the UAW union reached an agreement after weeks of negotiation

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