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FALL 2013 ISSUE








Phone: 314.878.2304


April 17, 2014

Too Late for Print Edition:
Judge rejects request to stop NH dealer 'bill of rights'
The Union Leader and AP are reporting that Merrimack County judge in New Hampshire has rejected a request for a permanent injunction to prevent the auto Dealer Bill of Rights law from taking effect. Story and link to court order below with more in next Shortliner issue. >>>


Too Late for Print Edition:
Deere Restricts Travel to Russia & Ukraine
University of Iowa associate professor of finance Art Durnev, who is Russian, said the conflict had produced "tremendous uncertainty" for western companies such as Deere operating in the region. Deere and other western companies are likely to put any plans for new investment in the region on ice. >>>


Members Enjoy A Warm Welcome in San Antonio
Recent changes to the speaking program proved successful, including offering more sessions, starting the first full day with morning sessions, and scheduling the Supplier Showcase earlier in the week. One of the best-attended sessions was our panel discussion on managing risks in the workplace. In the photo above, Association President Marc McConnell introduces our panel of experts, who addressed issues ranging from workers’ compensation and employee theft to prescription drug abuse and the use of camera surveillance. A diverse panel provided for differing viewpoints and a healthy debate among our HR attorney, insurance executive, doctor and surveillance expert on a number of topics. >>>



Seller, Distributor Held Liable in Post Hole Digger Product Liability Case
The dissenting justice said that the digger’s designer and distributor were ordered to compensate the victim because they had deeper pockets than the farmer who owned the device, and such “soak-the-rich fact-finding is commonplace in American tort law.” >>>


Member News - Mills Companies & Vermeer
The Mills Companies announced it has acquired EIP Manufacturing, LLC, in Earlville, IA.

For the second consecutive year, Vermeer Corporation was awarded “Dealer’s Choice” in the Ag/Shortline Manufacturer category. >>>


ABA Report: Farm Banks Well-Positioned for 2014
2013 was a year of solid performance and strong asset quality for farm banks, who significantly increased agricultural lending by 9% and held $87.8 billion in farm loans at the end of the year, according to the American Bankers Association’s (ABA) annual Farm Bank Performance Report. >>>


ASABE Approves Safety Standard for Post Hole Diggers
The American Society of Agricultural and Biological Engineers (ASABE) completed a new safety standard for post-hole diggers. ANSI/ASABE S619 DEC2013, Safety for Tractor-Mounted, Boom-Type Post Hole Diggers, establishes recommendations for the use and operation of boom-type post hole diggers designed for attachment to the three-point hitch of agricultural tractors. >>>



Bill Would Keep Farmers’ Private Data Private
A bipartisan group of lawmakers in the U.S. House of Representatives has resolved to prevent the Environmental Protection Agency (EPA) from disclosing private information of U.S. farmers and ranchers, as it did in early 2013, reported Dairy Heard Management on its website. >>>


NAEDA Elects 2014-15 Officers
The North American Equipment Dealers Association (NAEDA) elected new officers for 2014-15. They assumed their new roles on March 1 at NAEDA’s annual meeting in Phoenix, AZ. Blaine Bingham of Mesa, AZ, was elected chairman of NAEDA’s board of directors. Brian Carpenter of Middlebury, VT, was elected first vice chairman and treasurer. Mark Foster of Attica, IN, was elected second vice chairman and secretary. >>>


Panama Canal Project Will Benefit U.S. Ag...Eventually
The first major expansion of the Panama Canal was expected to wrap up in time for the canal’s centennial this year, Southeast Farm Press reported. But most work on the canal was suspended when the contractors ran out of money. Officially, the new completion date is December 2015; unofficially, it may be much later. >>>


Bill Targets Animal-Rights Activists Filming at Farms
The Kentucky Senate voted to punish animal-rights activists with jail and fines for secretly filming farm operations, attaching the proposal to legislation meant to prevent animal shelters from using gas chambers as a form of euthanasia, the Seattle Post-Intelligencer reported. But the bill itself may be doomed. >>>



New Committee Members Appointed at Spring Conference
During the recently concluded Spring Conference in San Antonio, Association President Marc McConnell appointed the following members to serve one-year terms on the committees listed below. >>>


USDA: $1 Billion in Livestock and Other Disaster Aid Is On The Way
Ranchers and farmers who suffered losses due to disasters from 2012 through this year should assemble their paperwork now, before the USDA’s April 15 deadline for issuing guidance for receiving assistance, said Agriculture Deputy Secretary Krysta Harden. According to agweb.com, Harden, who is in charge of USDA’s rollout of farm bill provisions, added that there may be a lag after April 15 before producers receive checks. >>>


Recognizing April Member Anniversaries
This month we thank the following companies for their membership in the Farm Equipment Manufacturers Association and their continued support. We look forward to having these companies, and yours, as members for many more years.

Please join us in congratulating the following members on their April anniversaries. >>>


Scott Moss & Joe Sampson Join Supplier Section Board of Governors
The Association welcomes two new members to its 2014-2015 Supplier Associate Section Board of Governors. Recently elected and installed are Scott Moss, Agricultural Sales Manager at Comer Industries, Inc., and Joe Sampson, Sales and Marketing Manager for Osmundson Manufacturing Co. >>>



ASABE Adopts Tractor Implement Hydraulic Pressure Standard
The American Society of Agricultural and Biological Engineers (ASABE) initiated a project to adopt nationally an international standard, ISO 10448:1994, Agricultural tractors—Hydraulic pressure for implements.

ISO 10448 will replace the withdrawn ASABE standard ASAE S489, Hydraulic Pressure Available on Agricultural Tractors for Remote Use with Implements, which no longer reflected the state-of-the-art designs for flow rates, pressure, tolerances, usable hydraulic power, and sampling capability. >>>


Ag-related Indicators Reach Five-Year Lows, Survey Says
Parts of the nation dependent on agriculture have had slow or no growth in recent months, Creighton University economist Ernie Goss said Thursday. His survey of bankers yielded a Rural Mainstreet Index of 50.1 for this month’s survey, up slightly from 48.4 in February, according to the World-Herald article. An index below 50 means economic decline. The farm and ranch land price index was 40.9, the lowest since March 2009, and the farm equipment sales index was 29.3, the lowest since May 2009. >>>


CAT Deferred or Avoided Paying Billions in Taxes, Senate Panel Says
Caterpillar Inc. deferred or avoided paying $2.4 billion of U.S. taxes under a corporate restructuring that shifted profits from overseas replacement-part sales to a Swiss subsidiary, according to a Senate subcommittee report, said the Wall Street Journal. >>>


Six Keys to Mastering Your Card Processing Statements
Today, most businesses accept electronic payments via credit and debit cards to offer added convenience for their customers and to boost profits by increasing income. However, many business owners who engage in these types of transactions do not fully understand how much they cost. >>>



Alamo Group Europe Acquires Kellands Agricultural Ltd.
Alamo Group Inc. announced its European subsidiary acquired Kellands Agricultural Ltd. and its subsidiary, Multidrive Tractors Ltd., based near Cheltenham, Gloucestershire in England. >>>


Titan Machinery Announces Results and Store Closings
The company plans to consolidate one of its Iowa agriculture stores into an existing Titan dealership and reduce staff at other dealerships and at its shared resource center. Overall, the realignment and staff reductions will shrink the company’s total headcount by 4.5%. >>>


EPA, Lawmakers Square Off Over Proposed Clean Water Act Rule
The showdown between EPA and farm groups and crop protection organizations over the Environmental Protection Agency’s interpretation of Clean Water Act language protecting the “waters of the United States” has begun, reported Delta Farm Press. >>>



Nebraska Farm Equipment Haulers May Act as Dealer Reps
A recent change in Nebraska law allows equipment haulers in that state to act as farm equipment dealers’ representatives when hauling equipment to or from the dealer’s place of business. >>>


American Agriculture Faces “Headwinds”in 2014, says USDA
The American farm economy will face “headwinds” in 2014, according to a report by the American Bankers Association (ABA). It quotes the USDA as projecting net farm cash income of $101.9 billion in 2014, down nearly 22% from 2013. The expected decline will be driven by lower crop cash receipts, a change in the value of crop inventories, and reduced government farm payments, the report said. >>>


Farm Service Agency Offers Farm Bill Fact Sheet
To help farmers and ranchers understand the new provisions in the Agricultural Act of 2014, the Farm Service Agency (FSA) has outlined key information in a fact sheet. It explains new and revised provisions for adjusted gross income (AGI), payment limitations compliance, marketing assistance loans (MALs), disaster programs and dairy programs. >>>