In a story first posted to the Wall Street Journal, Canadian antitrust authorities are investigating some big players in the agriculture world. The Competition Bureau is reportedly looking at whether Bayer AG, Corteva Inc., and BASF violated Canadian competition law in their dealings against Farmers Business Network, which entered the Canadian market in 2018. According…
New farm equipment sales in Canada declined again in January, according to the latest monthly sales numbers from the Association of Equipment Manufacturers (AEM.) 4-wheel drive tractor sales were down sharply from January 2019, falling from 69 to 11 units — an 84 percent drop. Overall 2-wheel drive tractor sales were only down 2.8 percent, but that was largely supported…
New farm equipment sales in Canada declined again in January, according to the latest monthly sales numbers from the Association of Equipment Manufacturers (AEM.)
4-wheel drive tractor sales were down sharply from January 2019, falling from 69 to 11 units — an 84 percent drop.
Overall 2-wheel drive tractor sales were only down 2.8 percent, but that was largely supported by sales of small, under-40-horsepower tractors, as the number of new 100-plus horsepower machines that were moved fell by 28.8 percent versus last year.
New combine sales were down 22 percent, from 59 to 46 in the month of January.
U.S. sales were more mixed, with strong sales of larger 2-wheel drive machines.
“The sales numbers we are seeing for January 2020 are in line with our expectations,” says Curt Blades, senior vice president of ag services for AEM. “With the approval of the USMCA and the announcement of the Phase One trade agreement between the U.S. and China, we believe we are seeing some positive trends on the horizon for ag equipment sales.”
Total U.S. sales of 2-wheel-drive machines was up in January a total of 4.9 percent compared to January 2019: under 40 HP 2-wheel-drive tractors were up 2.6 percent, and sales of 40-100 HP tractors went up 4.6 percent, while sales of 100-plus HP tractors led the way with 19.6 percent growth to 1,361 units. Total November U.S. 4-wheel drive tractor sales fell 6.6 percent to 169 units sold. Combine sales declined by 24.4 percent.
U.S. January 2019 sales (courtesy AEM)
A Manitoba tile drainage pipe-manufacturing facility is back in the hands of its original owners. Winkler, Man.-based Precision Land Solutions (PLS) announced today that it has re-acquired the high density…
A Manitoba tile drainage pipe-manufacturing facility is back in the hands of its original owners.
Winkler, Man.-based Precision Land Solutions (PLS) announced today that it has re-acquired the high density polyethylene pipe-making plant at Winkler from Prinsco, which has operated pipe-manufacturing facilities across the U.S. since the 1970s.
PLS originally established the plant in 2012, under the name AccuPipe, before selling it to Prinsco in 2013.
“They let us know they wanted to exit Canada, and so we had the opportunity to take the plant back. Our company is in a different place than we were five years ago as well, and it made sense for us, so we’re restarting AccuPipe and we’ll be back manufacturing pipe again,” says PLS’s Chris Unrau, in the interview below.
“Prinsco is confident that our employees and customers in Canada will be well taken care of,” says Jamie Duininck, co-president of Minnesota-based Prinsco. “In addition, Prinsco is excited to partner with AccuPipe as a supplier, giving AccuPipe access to our full line of water management products.”
Financial terms of the deal were not made public.
Demand for tile on the eastern side of the Prairies has shifted from the early-adopter stage to mainstream, says Unrau, noting tighter cash flow is currently the main obstacle holding producers back from tiling land.
“A lot of people know this is a direction they want to go,” he says, “but now the conversation is cash flow. That’s a very common conversation throughout the winter here. People want to tile, but they’re trying to find the capital and cash flow to do it.”
As for the inputs for making tile pipe, Unrau says they can blend in a significant percentage of recycled plastic, and are having discussions with grain bag recyclers about returning agricultural plastics into tile pipe.
Hear Precision Land Solution’s Chris Unrau discuss the pipe-manufacturing plant acquisition, the possibility of using recycled ag plastics, and overall demand for tiling on the eastern side of the Prairies:
Five Manitoba farm groups have voted in favour of amalgamating into one entity known as the Manitoba Crop Alliance. Farmer members of the Manitoba Corn Growers Association (MCGA), Manitoba Flax…
Five Manitoba farm groups have voted in favour of amalgamating into one entity known as the Manitoba Crop Alliance.
Farmer members of the Manitoba Corn Growers Association (MCGA), Manitoba Flax Growers Association (MFGA), National Sunflower Association of Canada (NSAC), Winter Cereals Manitoba, Inc. (WCMI), and the Manitoba Wheat and Barley Growers Association (MWBGA) passed a motion at each of the organizations’ annual general/special meetings during the CropConnect conference in Winnipeg on Feb. 12 and 13.
Over two-thirds of the members present at each meeting needed to vote in favour. Results for each of the meetings were announced on Thursday afternoon.
The Manitoba Canola Growers Association and Manitoba Pulse and Soybean Growers remain independent of the new group.
More to come.
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