In times of uncertainty, it’s wise to slow down, take a deep breath and evaluate all options. That’s exactly how the farm equipment industry is reacting to President Donald Trump’s ongoing tariff saga ...
In a statement issued to Farm Journal, John Deere says fewer machinery orders from farmers are coming in, so more layoffs are slated to hit factory workers in Des Moines and Waterloo.
Case IH is in a good position overall, he says, with 80% to 90% of its machines produced in one of four U.S. production facilities, and 95% of its machinery base material (i.e. steel) sourced ...
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...
Farm equipment giant CNH is bracing for a slowdown. The company expects agriculture sales to drop as much as 20 percent this year, with more farmers opting for used equipment instead. CNH CEO Gerrit ...
There’s been a lot of talk lately about all the mergers and acquisitions in the ag industry. Most notable is Bayer AG’s proposed $66 billion takeover of Monsanto that would create an industry giant.
AGCO Corporation AGCO and Trimble Inc. TRMB have announced a significant merger of their precision-agriculture businesses. Barron’s reported that AGCO will own 85% of the joint venture after paying ...
India-based Tractors and Farm Equipment Limited (TAFE), which owns a 16% stake in AGCO (NYSE: AGCO), reported Nov. 12 it wants AGCO to separate the role of chairman of the board and CEO "to better ...