The latest data from Statistics Canada on Canada’s agricultural implement manufacturing industry (NAICS 33311) reveals that 80.2% of all Canadian ag implement manufacturing exports went to the U.S. in 2022, up from 77.5% in 2021.
Ag Equipment Intelligence has gathered data from the financial filings of the ag industry’s key publicly-traded manufacturers and compiled these companies’ executives’ compensation, now updated for the 2022 financial year.
Deere & Company reported net income of $2.860 billion for the second quarter ended April 30, 2023, or $9.65 per share, compared with net income of $2.098 billion, or $6.81 per share, for the quarter ended May 1, 2022.
In North America, industry volume was up 19% year over year in the first quarter 2023 for tractors over 140 HP and was down 16% for tractors under 140 HP; combines were up 116% from a severely disrupted industry in the first quarter of 2022.
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In this episode of On the Record, we take a look at the most recent push for right to repair, this time at the federal level. In the Technology Corner, Mackane Vogel shows us some new tech he recently encountered from Solinftec.