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Articles Tagged with ''John Deere''

University of Minnesota Scientists Successfully Fuel Tractor with Fertilizer

June 19, 2019 | Posted in Technology

Source: MPR News

Researchers at the University of Minnesota Morris (UMM) have invented a method by which farm tractors are able to run on a mixture of diesel fuel and anhydrous ammonia. According to MPR News, UMM researchers used a 70/30 blend of diesel and fertilizer and are hopeful that the tech’s increasing cost-effectiveness can help cut down farm equipment emissions by as much as 50%.

Blue River Technology Could ‘Redefine Farmer Input Costs’

June 19, 2019 | Posted in Technology

Following a visit to John Deere’s new Intelligent Solutions Group (ISG) headquartered in Des Moines, Iowa, during the last week of May, Stanley Elliott, analyst with Stifel, says he sees opportunities with “Deere working to monetize its data platform as well as commercialize technologies acquired in the Blue River deal.”

Ireland Sees 54% Increase in Forage Harvester Registration; Claas Most Popular

June 18, 2019 | Posted in Ag Equipment Worldwide

Ireland has seen 54 forage harvester registrations so far in 2019, a 54% increase from the 35 registrations in 2018. Though it’s unlikely to move any higher considering the season, it shows a growing strength in Irish buying habits.

Used Tractor Market Makes Gains in UK Ahead of Brexit

June 18, 2019 | Posted in Ag Equipment Worldwide

Source: Farmers Weekly

The UK has seen an exploding used tractor market following England’s departure from the EU. Brexit’s impact on the British pound, coupled with dropping commodity prices have made a perfect environment for British farmers to purchase low-hour, high value machinery.

Deere’s May Retail Sales Mixed vs. Rest of Industry

June 13, 2019 | Posted in Equipment & Equipment Sales

Following AEM’s release of the May 2019 North American retail tractor and combine sales, John Deere announced its retail sales as they compared with the rest of the industry. Overall, Deere’s numbers were mixed vs. the rest of the ag industry.

Papé Machinery Acquires Team Power

June 4, 2019 | Posted in Mergers & Acquisitions

Source: Capital Press

Papé Machinery Agriculture & Turf, a John Deere dealership with locations in California, Washington, Oregon and Idaho, purchased Team Power, a John Deere dealership based in California. The acquisition is effective May 31, 2019.

On the Record

[Podcast] Wet Weather, Low Commodity Prices & Trade Push Dealer Sentiment Lower

May 31, 2019

In this podcast, we discuss a double-digit drop in dealer sentiment, Deere’s plans to cut production by as much as 20% at some plants, results from the 2019 Dealer-Manufacturer Relations survey and Titan Machinery’s latest earnings report. In the Technology Corner, Jack Zemlicka shares preliminary results of the 7th annual Precision Farming Dealer benchmark study.

On the Record

[Podcast] Deere Reports 2Q Revenues of $11.3 Billion

May 17, 2019

In this podcast, we report on Deere & Co.’s second quarter earnings and outlook for the remainder of the year. Publicly traded dealer groups Cervus Equipment and Rocky Mountain Dealerships both reported their first quarter results recently, and put an emphasis on moving used equipment in the quarter. CNH Industrial’s first quarter results took a hit du to unfavorable exchange rates.

Deere Reports 2Q19 Ag Net Sales Up 3%

May 17, 2019 | Posted in Earnings Reports

Deere & Co. reported net income of $1.135 billion for the second quarter ended April 28, 2019, compared with net income of $1.208 billion for the quarter ended April 29, 2018.

John Deere Claims Top Spot in Brazilian Tractor Market

April 18, 2019 | Posted in Ag Equipment Worldwide

During its participation at Expodireto, a rural show held in the Northwest of the state of Rio Grande do Sul, John Deere announced that it had manufactured 13,824 wheel tractors in Brazil in 2018, reclaiming its top spot as the leader in the Brazilian market.

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[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment

Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.

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