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, 2025Latest News Updates From Michael Hirtzer
Farm Machinery鈥檚 Slump Lingers as Tariffs Add Risks
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, 2025Deere 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, 2025Cargill 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, 2025ADM 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, 2025Deere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, 2025Deere 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, 2024Deere 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, 2024In 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, 2024Silicon-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.
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