Digging into his data, the average auction prices for Case IH Magnum 290 and John Deere 8285R tractors are both down 34% this year versus last year.
Machinery Pete – aka Greg Petersen – highlighted a “smoking hot” farm equipment auction in Illinois as his weekly “Pete’s ...
The walls are closing in on John Deere and Company regarding its unwillingness to completely lift repair restrictions that ...
Photo by Scott Olson/Getty Images The Federal Trade Commission is investigating tractor manufacturer John Deere over long standing allegations that Deere makes its farm equipment hard to repair.
In its statement, Deere noted that the U.S. Department of Agriculture is projecting row-crop cash receipts to be down 18% this year following a 5% drop in 2023. John Deere noted that the average ...
Here‘s Deere’s full statement: “Due to reduced demand for our equipment, John Deere has informed ... forecasts major row-crop cash receipts to be down another 18% in 2024, following a ...
The layoffs are the latest in a global workforce reduction happening at Deere. Economists say it’s because demand for ...
More layoffs are on the way for John Deere workers ... to Mexico as continues to be reported." Deere said orders are down due to a major drop in row-crop receipts. The USDA estimates they ...
John Deere is laying off even ... the job cuts to a decline in demand for tractors and other agricultural equipment, which has resulted from falling crop prices and farmers reducing their ...
There is a specific pattern in the Midwest farming industry, and Iowa is no exception. Iowa is the second largest agricultural exporter in the U.S. according to the Iowa Farm Bureau, which also ...
John Deere has announced another round of layoffs, this time affecting 287 workers in the Quad Cities, including 80 in Davenport. The other layoffs, effective Jan. 3, are of 200 workers at the ...