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Tag Archives Deere

Crops, Markets

Deere sees equipment sales falling further as farm incomes drop

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Reuters — Deere and Co. said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery. Shares of the world’s largest farm equipment maker fell as much as four per cent in premarket trading Wednesday. Deere’s sales have been hit as bumper corn harvests drive
Country Crossroads

Just Being Neighbourly

The sound of a skidoo squealed through the air on a recent sunny morning. Our driveway had succumbed to yet another blast of hard-drifted snow, and we had been snowbound at home for eight days. Even the municipal plow had tried and failed to crack through this latest solid mass. It had gotten stuck and
Crops

Deere To Help Indian Farmers Mechanize

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Deere &Co. is making 500 tractors available for use by farmers in the Indian state of Gujarat to help them mechanize their farms and potentially increase crop yields, the company says in a release. John Deere, in partnership with the local government, will open small agricultural implement resource centres across Gujarat, making tractors available to
Opinion

The $40-Billion Potash Pie – for Sep. 2, 2010

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American farmers hardly noticed when, in mid- August, news broke that Australian-based BHP Billiton was willing to pay nearly $40 billion for the world’s largest fertilizer producer, Saskatchewan’s PotashCorp. The disinterest was honest; after all, who was BHP Billiton and what did it want with a Canadian fertilizer firm in the steady, if not dull,
News

Deere Eyes $500-Million Investment In Russia Farm Boom

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Deere and Co. , the world’s largest farm equipment maker, is on track to spend $500 million building new plants in Russia and offering credit lines and other services to farmers within the next six years. Deere chairman and chief executive Samuel Allen said April 27 that Russia, the European Union, South America and Asia
Crops

Deere Considers Sale Of $1-Bln Wind Portfolio

Deere & Co. has retained Goldman Sachs Group to help review options for its $1-billion wind-energy portfolio, including a possible sale, the U. S. agricultural equipment maker said. The world’s largest maker of tractors and harvesters said it owns 34 wind farms in seven U. S. states that are capable of generating 706 megawatts of
Livestock

4-H Reports – for Mar. 4, 2010

The Co-operator will publish 4-H reports once a month. Reports can be submitted by the third week of the month by email to [email protected],by regular mail to 4-H Reports, c/o Manitoba Co-operator, 1666 Dublin Ave., Winnipeg, Man. R3H 0H1 or by fax to 204-954-1422. OAK LAKE BEEF The club met Feb. 7 at the Oak
News

Deere’s Profit Drops

Deere and Co., the world’s largest maker of agricultural machinery, reported sharply lower quarterly earnings May 20 as lower crop prices and farmers’ concerns about the global recession weighed on demand. Deere said a number of factors contributed to a 38 per cent decline in its second-quarter results, including higher raw material costs, the strong
Country Crossroads, Other livestock

Harness Maker Never Been Busier

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“Right now I’m paying more for the hide on the cow than they’re getting for the whole cow.” – BILL MADSEN, HARNESS MAKER Harness making is a passion for 86-year-old Bill Madsen of Decker, Manitoba. Even though this quiet, modest man lives and keeps to himself, his business is a hub of activity for many
News

The life of a logo

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Versatile’s history as a brand dates back to the mid-1940s in a Toronto backyard. That’s where Peter Pakosh in 1945 developed a new type of grain auger, as described in Versatile Tractors: A Farm Boy’s Dream, a 2003 coffee table book by Pakosh’s grandson Jarrod. The elder Pakosh’s company expanded into field sprayers and harrow

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