Rural Mainstreet Economy Slows in August
The overall Rural Mainstreet Index (RMI) sank to a growth neutral reading for August after four straight months of readings above 50.0.
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Author: Gina Clark
Convention101: Tips You Need to Know for the Fall Convention
The Association’s Marketing & Distribution Convention is a bit more complex than our spring meeting. These tips will help you make the most of your time in Kansas City, whether you’re a convention rookie or a seasoned veteran. Register by September 11 and save $100.
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Showcase Your Company Through Sponsorships
Sponsorships at the Marketing & Distribution Convention provide a valuable opportunity to help your company stand out from the crowd and get noticed.
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Annual Business Meeting, Election of Directors
The Farm Equipment Manufacturers Association will hold Annual Business Meeting and election of directors on Nov. 1, during the Fall Marketing & Distribution Convention in Kansas City, MO.
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Meet Our 2023 Marketing & Distribution Convention Speakers
The Association is pulling together a speaker lineup that promises to deliver insights and ideas that will shape your business. Register today and learn about tips for using body language to sell your business, how grain prices will affect farmers’ income, international trade, emerging technologies and much more!
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Beyond Speaker Sessions: Fun Things to Do in KC
As is our tradition at our annual Association meetings, we have set aside time to include planned activities for executives and guests to learn, explore and play in Kansas City.
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Congress Admits To Further Delays for 2023 Farm Bill
Congress will have to extend temporarily the lifespan of the 2018 farm bill because it will miss the Sept. 30 deadline.
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USDA To Provide Additional Assistance to Farm Loan Borrowers
The USDA announced it will begin providing additional, automatic financial assistance for qualifying guaranteed Farm Loan Programs (FLP) borrowers facing financial risk.
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Sentry Rates A+ For 32 Years For Three Decades
Sentry received an A+ (superior) rating for a 32nd consecutive year from AM Best, the insurance industry’s leading rating authority.
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Midwest Farmland Values Rose Again in the Second Quarter
According to the most recent AgLetter, Seventh District farmland values in the second quarter of 2023 were 9% higher than a year ago.
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Happy Anniversary and Welcome New Members!
Happy Anniversary to our members celebrating milestone anniversaries. We would also like to extend a warm welcome to our newest members.
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U.S. Steel Now for Sale After Rejecting Cleveland-Cliffs
U.S. Steel Corp., the Pittsburgh-based manufacturer, is up for sale after receiving multiple bids for parts or all of the company.
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Tractor Sales Growth Softens in US/Canada
Self-propelled combine sales continued to increase in the U.S., while total farm tractor unit sales in the U.S. and Canada declined in July, according to the latest data from the Association of Equipment Manufacturers.
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Steel Production
Steel production in net tons as of August 7, 2023.
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Claas Appoints Head of Sales & Marketing
CLAAS recently announced the appointment of David December as Head of Sales and Marketing.
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Nation’s HoneyBee Colonies Under Seige
A new USDA report on U.S. honeybee colonies shows continued high losses of those colonies.
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How US Supreme Court Rules Impact Farming Methods
Two million farms are required to abide by numerous laws enacted on state and federal levels each year.
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Clean Air Act Does Not Impede Right to Repair
In their opposition to Right to Repair legislation, equipment manufacturers and dealers have invoked EPA regulations a as justification for their need to restrict repair.
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Alamo Group Reports Record Q2 Earnings
Record second quarter 2023 net sales of $440.7 million increased 11.2% compared to $396.2 million in the second quarter of 2022.
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Ag States of America: Nebraska
Learn some fun facts about Nebraska in this episode of Ag States of America video series, brought to you by Pivot Bio.
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Farmers Remain Optimistic About Ag Economy
Agricultural producers were slightly more confident about the farming economy in July, despite recent crop price volatility and continued concerns about rising interest rates.
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Dealer News: 21st Century Appoints New VP of Precision Ag
John Deere dealer 21st Century Equipment said it named Mike Wemhoff as vice president of precision ag technology.
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Trelleborg Tires: Eight-time winner for “Best Agriculture Tire”
Trelleborg tire brand, a global leader in tire solutions, wheel systems and services for agriculture, has once again been recognized by the prestigious Visão Agro Centro-Sul Awards for delivering the “Best Agriculture Tire.”
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No Drought Relief in Sight for August
Weather experts predict that There will likely be little to no improvement to the drought situation through the first half of August in the Corn Belt
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EMDA Announces New Executive Director
EMDA has conducted a nationwide search to fill this position, and is pleased to announce Celeste Lindsey has accepted the offer to become EMDA’s new Executive Director.
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Valmont Reports Q2 Earnings
For the second quarter ended July 1, 2023, net sales were $1.05 billion, a decrease of 7.9% year-over-year from $1.14 billion. Net earnings were up 17.4% to $89.4 million versus $76.1 million.
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John Deere Acquires Smart Apply
John Deere has acquired Smart Apply, a precision spraying equipment company based in Indianapolis, Indiana.
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CNH Reports Record Income for Q2
CNH Industrial reported net income for Q2 of $710 million, up 29% year-over-year from $552 million in Q2 2022, which was a record high.
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AGCO Reports Record Net Sales in Q2
AGCO reported its results for the second quarter ended June 30, 2023 by saying it had record net sales of $3.8 billion, which was an increase of 29.8% year-over-year, and a record operating margin of 13%.
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Yanmar America Launches Parts e-Commerce Platform
Yanmar America recently unveiled a new parts e-commerce platform offering a user-friendly solution for customers to access Yanmar genuine parts.
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Five Reasons to Attend the Marketing & Distribution Convention
The 2023 Marketing & Distribution Convention is approaching. If you haven’t yet registered, here are five reasons you should.
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President’s Message: Engage in Our Industry, Influence Our Industry
You are the Association’s greatest resource. Together, we will make a difference and evolve with whatever changes are coming.
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See KC’s SubTropolis: World’s Largest Underground Business Complex
While at the Fall Convention, members can explore the history of SubTropolis — a cave created through the mining of a 270-million-year-old limestone deposit.
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Attention Marketers: Update Your Membership Listing
Please make sure your Marketing Member listing is up to date. The more accurate your contact information is, the better we can match manufacturers to you.
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Manufacturing Plant Tours Wanted
If your company is interested in setting up a tour and showcasing your facilities, equipment, and amazing people, the Association would love to talk to you.
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Claas Adds Spiering to Executive Board
Thomas Spiering, born in Herzebrock-Clarholz in Eastern Westphalia (Germany), has already been working for the Claas Group for 22 years.
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Rural Export Center – Now Available to Members
The Rural Export Center can help members find the best international markets and identify specific buyers who may become prospective business partners.
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Rural Mainstreet Economy Begins Third Quarter on Healthy Note
After declining below growth neutral in March, the overall Rural Mainstreet Index for July expanded above the threshold for a fourth straight month, according to the July monthly survey of bank CEOs in rural areas of a 10-state region.
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New Online Tool Maps ‘Beans Gone Wild’
North Carolina State Extension agents recently released an online tracking tool to capture and share in-season crop problems and recommendations.
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ASABE Standards – Your Input is Needed!
The following ASABE Standard development information is very Important and may affect some FEMA member manufacturers’ implements.
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Manufacturing Output Rebounds in Second Quarter
Production at U.S. factories unexpectedly fell in June, but rebounded in the second quarter as motor vehicle output accelerated after two straight quarterly declines.
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Manufacturers Applaud Bill Protecting Air Travelers’ Rights
A bill to reauthorize the Federal Aviation Administration (FAA) that includes significant new protections for air travelers was overwhelmingly approved by the U.S. House of Representatives.
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Six Steps to Implementing AI in Manufacturing
From product design and development to final delivery, AI is already being utilized in modern manufacturing factories to streamline production.
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Frank Lessiter Inducted into CTIC Hall of Fame
Frank Lessiter was inducted into the Conservation Technology Information Center (CTIC) Hall of Fame at the 2023 annual meeting and farm tour in Frankenmuth, MI.
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Claas Launches Xerion and Arion Tractor Lines
Claas has announced the launch of the Xerion 12 Series and Arion 600 Series, and now offers the Axion 900 Terra Trac in row-crop friendly builds.
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NAEDA Names New Board Chair and Leadership
NAEDA recently elected the 2023-2024 Board of Directors at their Summer Board Meeting in Chicago, IL.
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Steel Production
Steel production in net tons as of July 17, 2023
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Vermeer Corporation Celebrates 75 Years
Vermeer is celebrating its 75th year in business, marking its founding in 1948 when Gary Vermeer opened a small machine shop in Pella, Iowa.
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NAEDA Appoints New Dealer Development Manager
The North American Equipment Dealers Association (NAEDA) is thrilled to announce the appointment of Shane Wilker as the Dealer Development Manager for the Pacific Northwest and Far West Regions.
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Sentry Safety August Webinar
Don’t miss Sentry’s upcoming free 60-minute safety webinars that highlight specific safety topics.
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