Latest News Updates From Michael Hirtzer

Government, Business, Equipment

Farm Machinery鈥檚 Slump Lingers as Tariffs Add Risks

Farmers are still delaying equipment purchases a President Donald Trump鈥檚 tariffs cloud demand for crops and risk further extending a yearslong slump in the sector.

May 1, 2025
Government, Business, Logistics

China Partially Renews US Meat Export Permits

China鈥檚 government has renewed export registrations for some U.S. meat plants whose eligibility was set to lapse, raising hopes that shipments won鈥檛 be disrupted.

March 17, 2025
Government, Business, Technology, Equipment, Autonomous

Deere Warns Tariffs Could Disrupt Farm Recovery

World farm machinery leader Deere & Co. said the agriculture economy is finally showing signs of turning around, although looming tariffs could upend the nascent recovery.

February 13, 2025
Business, Private, Top 100

Cargill Cutting 1,100 Jobs With Arkansas Plant Closure

Cargill Inc. will shutter a turkey-processing plant in Arkansas, cutting about 1,100 jobs amid a downturn in both turkey and the broader agricultural sector.

January 29, 2025
Business, Safety, Logistics, Private, Top 100

ADM Stops Loading Grain Vessels in Louisiana Amid Snowstorm

One of the world鈥檚 biggest crop traders has halted loading of grain vessels at U.S. Gulf terminals as the region鈥檚 worst snowstorm in 130 years slams the region.

January 22, 2025
Business, Technology, Equipment, Autonomous

Deere鈥檚 Autonomous Fleet Expanding to Orchards and Quarries

The challenge to ease the burden on growers is prompted by rising demand for food and materials, with an increasing world population but a shrinking number of farmers and laborers.

January 6, 2025
Business, Equipment

Deere Expected to Report Weakest Q4 Since 2020

Sales of agricultural tractors continued their decline in October, with U.S. sales falling about 14% from the previous year, the Association of Equipment Manufacturers said in a report.

November 20, 2024
Business, Equipment

Deere Cuts 300 Jobs as Farm Equipment Sales Decline

Deere said it boosted its workforce when demand surged during the COVID-19 pandemic, which roiled supply chains, only for the farm economy to start slowing.

October 16, 2024
Business, Equipment

In a Surprise, Deere Keeps Outlook Despite Weak Market

Deere & Co. unexpectedly maintained its annual profit outlook as the world鈥檚 top tractor maker sought to cut costs in a slumping farm economy.

August 15, 2024
Government, Business, Technology

Silicon-Focused Battery Startup NanoGraf to Open Chicago Plant

NanoGraf, a startup specializing in high-performance batteries made using silicon, is close to starting operations at a facility near Chicago鈥檚 central business district.

December 1, 2023