Second quarter earnings reports are being released, and the numbers tell the tale of farm equipment manufacturers and dealers struggling to maintain sales of new iron. AGCO — the parent company of Fendt, Massey Ferguson, Gleaner, and Challenger — and Caterpillar both reported net sales down compared to the same time last year. AGCO says... Read More
Category: Machinery
James Hammerton, who farms with his family at Sweaburg, Ont., is giving double crop soybeans a solid go, with the aid of a stripper header to harvest the preceding wheat. On this episode of the Sharp Edge, RealAgriculture's Bernard Tobin is joined by Greg Stewart, agronomy lead with Maizex Seeds. Stewart interviews Hammerton about his... Read More
Briggs & Stratton Corporation, the company behind the well-known small engine brand, has filed for Chapter 11 bankruptcy in the U.S., but it appears the brand will survive. The Wisconsin-based engine manufacturer reported debt exceeding $1 billion in a St. Louis bankruptcy court on Monday. Coinciding with the filing, Briggs & Stratton announced a stock... Read More
Planters and seeders both have their strengths and weaknesses, but with the newest Clean Seed equipment release, the Smart Seeder MAX, you don't have to choose. Colin Rush, chief operating officer for Clean Seed Agricultural Technologies, joined Shaun Haney to talk about the customer-driven features this new unit has. For the first time, images and... Read More
On this Thursday edition of RealAg LIVE!, host Shaun Haney takes a deep dive into the machinery and technology side of agriculture with President and CEO of Ag Growth International, Tim Close. Shaun and Tim talk about the executive suite of AGI, discussing everything from augers, to bins, to software. Tune in to RealAg LIVE!... Read More
Whether it is due to COVID-19, depressed commodity prices, or other uncertainties, it has been a rough six months for agricultural machinery sales. The month of June, however, has shone a brighter light for new machinery deliveries in Canada. In Canada, 2WD tractors were up 32.1% in the month of June compared to the same... Read More
Seeding equipment-maker Morris Industries will likely be owned by another Saskatchewan-based manufacturer by the end of the month. Rite Way Mfg. is poised to acquire Morris, based on court documents and an announcement published by Morris' national distributor in Australia. Morris has been in creditor protection since early January. As we reported in May, Superior... Read More
Worldwide agriculture equipment manufacturer AGCO has announced a new drop tube kit for the RoGator AirMax Precision R1/R2 application system. "The new drop tubes expand the versatility of the AirMax Precision R1/R2, already the most accurate pneumatic fertilizer system in the industry," says David Fickel, AGCO's tactical marketing manager for application equipment. "Now operators can... Read More
John Deere has announced several updates and additions to its lineup of 7R and 8R tractors for the 2021 model year, with deliveries starting in November. The new 7R 350 from John Deere has a 20 horsepower increase over the largest MY20 7R tractor and has a base weight of 24,700 pounds. It comes standard... Read More
Many industries have been dramatically impacted by COVID-19 over the past three months. Whether it is agriculture, airlines, food service, or energy, it has been a very bumpy ride. Not all industries are impacted equally, from a timing perspective. One of the industries that faces longer term challenges is equipment manufactures in the agriculture and... Read More