Deere & Company has announced new goals, known as the Leap Ambitions, that are linked to the Smart Industrial strategy and operating model introduced in 2020.
Deere & Company reported net income of $903 million for the first quarter ended Jan. 30, 2022, or $2.92 per share, compared with net income of $1.224 billion, or $3.87 per share, for the quarter ended Jan. 31, 2021.
Farm Equipment editors encounter a variety of articles, social media posts, podcasts and videos that offer a unique look at various aspects of our great farm machinery industry. Here is our favorite content from the past week. The Best of the Web This Week series is brought to you by CLEANFIX.
In this episode of Farm Equipment Soundbites, I sat down with Associate Professor at Loyola University Chicago Peter Norlander to discuss what exactly happens during union negotiations and why the first contract proposed during the Deere strike was rejected by 90% of UAW John Deere workers.
Domestic revenue increased by $66 million (+1.3%) from the prior year to $5.2 billion because of increased revenue in Farm & Industrial Machinery mainly due to increased sales of farm equipment, despite a decrease in revenue in Water & Environment and Other.
Overall agricultural tractor sales in the U.S. and Canada continued rising into January 2022, while combine harvesters slowed for the month, according to the latest data from the Association of Equipment Manufacturers (AEM).
Mahindra & Mahindra, the global market leader in the tractor segment, may look at spinning off its farm machinery business in the hope of tapping automotive opportunities in the future.
Lessiter Media, publisher of Farm Equipment and several other dealer and grower media properties, has announced a free 2-day No-Till Conference Video Review Feb. 24-25 for dealers and their customers.
Monarch Tractor, Livermore, Calif., demonstrated that electricity at World Ag Expo when it paired up with another startup, OnTarget, Mt. Angel, Ore., which uses electrostatic technology to provide super-precise sprays.
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
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