About 10,000 John Deere employees at 14 facilities in the U.S. went on strike at midnight Thursday, after rejecting tentative labour agreements this past weekend. Depending how long the strike lasts, it could intensify inventory shortages that dealers are already facing due to other supply chain disruptions. The employees are members of the UAW (International... Read More
Category: News
Shareholders in Canada's largest John Deere farm equipment dealer have approved the sale of the company to Brandt Tractor Ltd. The $302 million deal to sell Cervus Equipment Corporation to Brandt was originally announced in August. The October 12 shareholder meeting saw 97.7 per cent of votes cast in favour of the deal, which remains... Read More
As equipment rolls over the finish line for the 2021 growing season, September sales numbers are in from the Association of Equipment Manufacturers (AEM). In Canada's 2WD tractor market, less than 40 HP tractors saw a steady increase of 13.5 per cent year-over-year, rounding out at 1717 sold units. Total 2WD farm tractors saw a... Read More
The Canadian Dairy XPO (CDX) is planning to return to Stratford, Ontario, for a live dairy industry showcase on April 6 and 7, 2022. CDX has not run its traditional tradeshow since 2019 — the event was cancelled in 2020 and a virtual program was presented in 2021. "Things will look different," says CDX founder... Read More
U.S. soybean yields and ending stocks will be larger than the trade was expecting, according to the U.S. Department of Agriculture's October supply/demand report. Based on the reaction in the futures market, the USDA's October numbers, released Tuesday, were bearish for soybeans, somewhat bearish for corn, and bullish for wheat. The average American soybean yield... Read More
Pitura Seeds, based at Domain, Man., has recently announced a partnership with Agro.Club Canada, as the first retailer to join the online ecosystem. Agro.Club combines a digital storefront for farmers to order products and services with the business tools to support customer sales and marketing campaigns. Tom Greaves, president of Pitura Seeds, says there are... Read More
AgJunction, a global provider of advanced guidance, auto-steering, and autonomy solutions for precision agriculture applications, is entering an agreement to be acquired by Kubota, in an all-cash transaction, for a total equity value of approximately $91 million. Lori Ell, chair of the AgJunction board of directors, says they are pleased with the transaction, "which offers... Read More
The governments of Canada and Manitoba are providing $1.5 million for Manitoba Egg Farmers (MEF) to establish the Egg Layer Research and Public Engagement Facility at the University of Manitoba's (UM) Glenlea Research Station. Manitoba Agriculture and Resource Development Minister Ralph Eichler made the announcement on October 8, in honour of World Egg Day. "I... Read More
Over the next year, Walmart Canada will source 1.5 million pounds of beef sourced from CRSB Certified sustainable farms and ranches. To qualify, farmers and ranchers must be certified through a third-party audited system, in accordance with sustainability standards set by the Canadian Roundtable for Sustainable Beef (CRSB). Walmart says this is just the first... Read More
Dow has announced plans to build the world's first net-zero carbon emissions integrated ethylene cracker and derivatives site. The project will triple Dow's ethylene and polyethylene capacity from its Fort Saskatchewan, Alta. site, while retrofitting the site to achieve net-zero carbon emissions. It will expand the company's capacity to produce ethylene, polyethylene, and derivatives manufactured... Read More