Deere & Co. notified about 190 production workers at its Waterloo, Iowa, operations about layoffs, reports AgricultureDive.
The job cuts are expected to take effect June 22. According to Iowa's WARN log as of May 21, Deere has eliminated 650 jobs in Iowa since March 12, 2024. The announcement came 2 weeks after the OEM announced it was cutting positions at the Moline Cylinder Works facility in Moline, Ill.
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In this episode of On the Record Pinion's Marc Johnson shares and updated forecast for dealers revenues in 2024. The latest Purdue Ag Economy Barometer shows producer sentiment improved in the last month but indicates most farmers still say it's a bad time to invest in new equipment. And, dealers report used equipment inventories continue to build. In the Technology Corner, Noah Newman visits with the precision team from Eis Implement in Two Rivers, Wis.
Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.
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