MILAN, July 30 (Reuters) – Italian-American vehicle maker CNH Industrial on Friday raised its revenue and free cash flow forecasts for this year, confident an industry cyclical upturn would help it offset a severe impact from supply chain constraints. “It’s the worst supply chain situation I’ve seen in my career,” Chief Executive Scott Wine told […] Read more
Tag Archives Equipment
CNH Industrial bets on strong market to counter worst supply chain situation
Caterpillar earnings soar as global recovery boosts equipment demand
July 30 (Reuters) – Caterpillar Inc on Friday reported higher quarterly earnings as a recovery in global economic activity from pandemic lows drove up sales across all regions and businesses. However, the Illinois-based manufacturer of heavy machinery did not provide an earnings forecast for this year. It also warned that operating profit margin would moderate […] Read more
Deere blames escalating trade war for worsening outlook
(Reuters) – Deere & Co on Friday missed quarterly profit estimates for the fifth-straight quarter and cut its full-year outlook, as an escalating U.S.-China trade war threatens to further hit farm incomes and demand for the company’s equipment. Shares of Deere, known for its trademark green tractors and harvesting combines, fell as much as 6% […] Read more
What the heck is a chaff deck? Clue: it goes down under
REGINA — Australia’s history with herbicide resistant weeds has lead that nation to develop unique tools and practices to manage weed seeds. Canadian farmers have toyed with chaff control in the past, using carts to collect it for later feeding or burning. However, Australian producers, facing significant yield losses to the point of devaluing badly […] Read more
Transfer bin; the next step in harvest efficiency?
BRANDON — From the days of scythe and hand-tied grain stooks, hurry and haste at harvest has always been critical. Gather that crop before weather and wild beasts get it. Urgency at harvest is just as strong today, even though we have a long list of new tools such as desiccants, Class 9 combines, speedy […] Read more
Wet seal technology for spray pumps
BRANDON — Wet seals, employed in aircraft and industry for decades, are finally finding their way into agricultural spray pumps built by Pentair Hypro. The big benefit is in situations when the pump runs dry, Pentair fluid specialist Brian Henderson said during Manitoba Ag Days at the end of last month, where he debuted three […] Read more
South African fertilizer spreaders come to Canada
RED DEER — Schulte Industries has signed a distribution deal with Radium Engineering to sell South African designed fertilizer spreaders in Canada. Radium Engineering has produced its own fertilizer spreaders since the 1990s, and its distribution network reaches most agricultural areas around the globe. Clayton Rosaasen of Schulte Industries said the spreaders will fit comfortably […] Read more
New Technotill packer does dual side band
The Technotill packer plate introduced by Walter and Betty Schoenhofer in 1996 has been re-developed with assistance from Saskatchewan farmers and a 3D printer. TNT Version 2 will be available for spring seeding. Where the original TNT had a fertilizer port on only one side, Version 2 is symmetrical with dual band ports. The previous […] Read more
Back to basics with seeders
Expensive, heavy, complicated seeding machines are being challenged by lower-cost, high-speed compact-disc machines and good old-fashioned shank cultivators with narrow knife openers. Over the past two decades, one of the devices that’s become popular among farmers with simple seeding systems is the Technotill (TNT) packer. Although the original Version 1 TNT functions well and continues […] Read more
VIDEO: In-ground steel continues to evolve
FARGO, N.D. — Within the overall realm of cultivation and seed and fertilizer placement equipment, the in-ground working tool is the one singular component that continues to evolve rapidly. Every farm show seems to feature new soil-working steel. Money is a chief reason for the on-going focus on developing new soil-working tools. When dealing with […] Read more
