(Reuters) — Deere & Co. raised its 2022 profit forecast on May 20 as gaps in grain supplies triggered by Russia’s invasion of Ukraine drive global crop price higher. However, the heavy equipment maker’s stock fell after its quarterly revenue missed analysts’ forecasts. The Moline, Illinois-based firm forecast fiscal 2022 net income, including special items, […] Read more
Machinery — page 45
Deere lifts profit forecast, but shares slip on revenue miss
May 20 (Reuters) – Deere & Co raised its 2022 profit forecast on Friday as gaps in grain supplies triggered by Russia’s invasion of Ukraine drive global crop price higher, but the heavy equipment maker’s stock fell after its quarterly revenue missed analysts’ forecasts. The Moline, Illinois-based firm forecast fiscal 2022 net income, including special […] Read more
Finalizer finisher finds new home on the Prairies
Soil-engaging equipment evolves with conditions. Manufacturers designed zero-till drills in the 1980s responding to drought. When conditions turned wet, manufacturers developed vertical tillage. Herbicide-resistant weeds are the latest enemy. Farmers, researchers and industry all concede that the final day of miracle chemical pest control products is just over the hill. Today, we’re witnessing a major […] Read more
On the go NIR moisture meter for combines
New Holland was the first manufacturer in the world to offer farmers OEM, near infrared, or NIR, moisture metering and nutrient content in real time, while the crop is still in the combine. NIR sensors on CR and CX combines continuously register a large number of parameters including humidity, protein and starch. This provides the […] Read more
Merlo offers electric plug-in version of Roto rotating telehandlers
Merlo recently made its entire range of Roto rotating telehandlers available in electric plug-in versions. With the main goals of reducing emissions, noise and fuel, Merlo has added an electric motor to the Roto range that can control all its movements, except for forward and reverse. Following on from the introduction of the eWorker all-electric […] Read more
Green growth: Merlo expands its production operations
Italian agricultural and construction equipment manufacturer Merlo wants to produce 10,000 telehandlers and 25,000 attachments per year by 2025. With this goal, Merlo is undergoing significant expansion through its plant in Cuneo, where the company story first began. Merlo enjoys a 15 percent market share in Europe and a 10.5 percent market share worldwide while […] Read more
Nexat marries big power to many farm field solutions
Based on a single tool carrier design similar to DOT, but with a cab, the unit seeds, sprays, harvests and more
An automated, 1,100 horsepower carrier unit with interchangeable implements has been developed by Nexat GmbH for broad-acre crop production. Joseph Jandrisch is an owner of Kalverkamp Innovation, a parent company of Nexat GmbH, and he’s also one of four managing directors that guides product development for the machine. He said the Nexat is a gantry […] Read more
Clearing bush? Bad Ax bush machine turns trees to pulp
The new Loftness Bad Ax update for skid steer loaders is lighter, stronger, has better balance and features a radial piston high-pressure motor, plus a fully machined 60-inch-diameter disc. Machine balance is a critical safety factor when running bush-clearing disc mulcher. It also affects machine efficiency. The engineers at Loftness figured out how to move […] Read more
Tech company says Russian seeding on schedule
Spring seeding operations are on track in Russia, but shaky in Ukraine. This information comes from Olga Uskova, founder and chief executive officer of Cognitive Pilot, a high-tech company in Moscow. For the 2021 harvest, autonomous Cognitive Agro Pilot systems were installed on demo combines in the United States, Russia, Brazil, Argentina, Austria, Italy, Kazakhstan […] Read more
Agricultural steel afloat on the Atlantic
North American farmers have ties to Eastern European machinery and vice versa, but war is making this challenging
Russel Douglas has a problem. Somewhere out on the Atlantic Ocean the MTZ tractor dealer has two shipping containers filled to the roof with spare parts bound for Wadena, Sask. But it’s a long way from ocean swells to dryland Wadena. Assuming the containers arrive in Canada in good shape, the next big wave to […] Read more
