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File photo of a Salford 5200 Enforcer tillage unit operating in corn stubble. (Salford.com)
Crops

MacDon owner Linamar to buy Salford

Linamar to pay $260M for Ontario tillage, fertilizer equipment maker

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Canadian industrial equipment and parts maker Linamar, the owner of MacDon Industries, is set to further expand its reach in the ag equipment sector by buying the Salford Group. Guelph-based Linamar announced Wednesday it has an agreement in place worth $260 million to buy 100 per cent of the equity in Salford, which makes fertilizer
Parts are already in short supply in Ukraine, and farmers are stockpiling and lending and borrowing amongst themselves. (Ihor Pavliuk photo)
Crops

Farming behind the lines in Ukraine

A Ukrainian agriculture journalist chronicles the challenges of sowing a crop during wartime

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Ukrainians will farm their land, even in the face of war. In the Kherson area of southern Ukraine, where war rages and the city of Kherson is seen by the Russian invaders as strategic, a column set out on Monday. This was a column of tractors, under the flag of Ukraine. In it were farmers
A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)
Crops, Markets

CNH sees revenues rising to 2024 on precision agriculture plans

Margin at agricultural unit seen at 14.5 to 15.5 per cent

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Milan | Reuters — Italian-American vehicle maker CNH Industrial on Tuesday gave guidance for a total revenue growth of up to 24 per cent through 2024 as it presented a new business plan after spinning off its truck, bus and engine units. In a bid to focus on its higher-margin agriculture and construction machine businesses,
(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,
A refrigerator is stuck in a tree at Dawson Springs, Kentucky, about 140 km west of Bowling Green, on Dec. 13, 2021. (Photo: Reuters/Jon Cherry)
Weather

U.S. tornadoes destroy chickens, tractors, silos

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Chicago | Reuters — A Deere dealership and a Pilgrim’s Pride chicken hatchery were destroyed when deadly tornadoes swept through Kentucky on Friday, while silos holding millions of bushels of corn suffered damage, the companies and the state’s agriculture commissioner said on Monday. At least 64 people, including six children, lost their lives in Kentucky
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)
Crops

Striking Deere workers set for crucial vote

Equipment maker mulling options

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Reuters — About 10,000 striking workers at Deere and Co. will vote again on Wednesday to approve or reject a modified contract proposed by the company, as the longest strike in more than three decades forces the world’s largest farm equipment maker to consider other options. Deere has not publicly commented on changes to its
(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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