Summit to be Free of COVID Restrictions
Every attendee is encouraged to take whatever precautions make them comfortable, but the city, the hotel, and the Association will not enforce restrictions.
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Author: Kristi Ruggles
Farmer, Former White House Insider Offers Thoughts on Farm Bill
Can the case be made that supply chain vulnerabilities could be addressed in the 2023 Farm Bill? After all, challenges felt by equipment manufacturers are quickly felt by farmers and ultimately in the food supply.
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Webinar: Learn More About Members’ Cyber Resource
The webinar is 1:30 p.m. Central this Thursday. Members will get an overview of this no-cost service at a moment in which cyber risks are escalating.
Read moreMiller Products Names GM
Kerry Richardson has been helping the company navigate supply chain challenges and now will drive communication strategies and integrate customer-support and customer-centric experiences.
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One Member’s Story to Support Ukraine
Sukup Manufacturing shares a story of associates in Eastern Europe who helped evacuate women, children and the elderly from danger in Ukraine.
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AGI Reports Earnings for Q4, Year
In the farm segment, sales grew 28 percent in Q4. Farm backlog is up 48 percent over the prior year.
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Corn Prices Reach Near-Decade High, Wheat Forecast Falls
Demand for corn from the U.S., Brazil and Argentina soared in the past weeks as the war in Ukraine escalated. China ramped up its purchase of U.S. corn earlier this month.
Read moreTractor Combine Sales
Sales of big equipment declined in Canada. Otherwise, positive trends continued.
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Railway Labor Dispute to Further Disrupt Fertilizer Supply
More than 1 million short tons of fertilizer cross the U.S.-Canada border by truck each year. March, April and May are peak months for fertilizer applications across the northern states.
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USDA Seeks ‘Made in America’ Fertilizer Solution
It seeks to fund efforts that reduce America’s dependence on imports for fertilizer components while rewarding innovation and sustainability.
Read moreKubota Highlights Gains in North America, Ag Sales
The company plans a 6 percent increase in the price of tractors in North America and 5 percent increase in construction machinery.
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Chinese President Vows to Control Latest Outbreak
China has been facing the biggest wave of COVID-19 infections since Wuhan became the original center of the pandemic in early 2020.
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Ukrainian Farmers Face Huge Deficits in Basic Supplies
Farmers surveyed said they have 20 percent of the fuel they need and between 40 and 65 percent of the crop inputs for spring planting.
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Members of Dealer Associations Vote to Merge
The merged association will represent dealers on a national level as well as dealers in 24 states.
Read moreTitan International Reports 40-Plus Percent Sales Gain
The increases reflected sales gains in all segments, most notably agriculture, along with pricing gains.
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Dealer News
Hutson Inc. has acquired Lappan’s of Gaylord.
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Survey Suggests Confidence Among Farmers, Rural Bankers
The March farm equipment-sales index showed growth for the 16th consecutive month. This has been the strongest string of monthly readings since spring 2011.
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ASABE Develops Standard Related to Harvest Data
The new standard will complement ISO 11783 by providing context for how geographic harvest data is used in practice.
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White House Plans Data Exchange to Improve Supply Chain
The program is intended to use data to share information such as location of cargo, timing on arrival of a shipment at port or warehouse, and ultimately inflation.
Read moreMembers of Four Dealer Associations Approve Merger
The dealership association landscape has shifted this week with the announcement of a new North American Equipment Dealers Association (NAEDA).
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Russian Invasion of Ukraine: Howard Dahl Shares Thoughts on War, Impact
The CEO of Amity Technology in North Dakota has been to Eastern Europe 93 times in his farm equipment career. He remains in touch with colleagues and friends.
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War Creates a ‘Factor of Chaos’ in Ag Trade
The Russian trade ministry has called for a broad suspension of fertilizer exports. That will drive up prices for an agricultural input that already experienced a doubling of some prices in 2021.
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Need to Talk Supply Chain? Register Soon to Get Room Rate
Attendees to our 2022 Supply Summit in New Orleans need not pack a mask. The city’s health director lifted the indoor mask mandate last week.
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Deere Responds to Right-to-Repair Suits, Farmers Continue Pressure
Deere shareholders asked executives during a recent meeting how the company plans to address these challenges.
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Buhler Industries Disavows War, Reorganizes Board
The Board of Directors accepted the resignation of Konstanin Babkin after Babkin spoke in support of the actions of the Russian Federation.
Read moreVermeer Names Third Generation Family Member as VP
“I’m excited to take the experiences I’ve had to help lead the team and the important work they do,” Mindi Vanden Bosch said.
Read moreAgrisolutions Buys CFM
CFM, based in University Park, Ill., manufactures cold headed metal fasteners for on- and off-highway applications.
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Survey: Equipment Sales Growing at Fastest Pace Since 2011
Although confidence in their economies appears to have wavered among rural bank CEOs, several economic measures showed strength in February.
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Law Would Protect Workers Who Test Positive for Pot
The bill could prohibit employers from firing or disciplining employees or not hiring applicants who use any form of cannabis. However, there are exemptions for safety-sensitive positions.
Read moreAlamo Group Reports Quarterly, Annual Earnings
CEO Jeff Leonard said shortages of hydraulic components in the fourth quarter affected nearly all of the company’s production operations.
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Barometer Takeaways: Rural Internet Access, Future of Farming
Farmers offered insights into quality of their rural broadband and if they plan to grow their business or leave it.
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Farmers’ Moods Improve from January to February
More than 40 percent of producers in this month’s survey say that low farm machinery inventories are holding back their investment plans.
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ASABE Completes Cotton Module Cover Standard
The document is a major revision that adds performance specifications for module covers used on cylindrical modules.
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Welcome, and Happy Anniversary
When we bring together businesses with generations of success behind them and those embarking upon something new, we create an environment with extraordinary opportunities. Membership matters.
Read moreDealer News: Acquisition, Association Election
See dealer new from New York and the deep south.
Read moreThird Generation Vermeer Family Member Named VP
Mindi Vanden Bosch has been named the next vice president of operations at Vermeer Corporation. Prior to joining Vermeer in 2008,
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Cybersecurity Q&A: Supply Chain Attacks
Supply chain hacks are becoming more common as criminals realize that they can breach organizations en masse by attacking service providers who have access to many companies’ systems.
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Shearer to Speak at Tillage Council, Other Summit News
Shearer will discuss key considerations reshaping the machinery industry, including precision agriculture/electrification, equipment automation, input logistics, and evolving generational perspectives on best practices for crop production.
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Fewer U.S. Workers: How COVID Changed Labor
Differing wage subsidy programs overseas, and a rate of higher infection in the U.S., were likely contributors to the sluggish domestic labor market.
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Bring a Guest to New Orleans
A narrated coach tour will take participants through lovely neighborhoods, an above-ground cemetery, and a botanical garden or sculpture garden.
Read moreDeere Improves Forecast, Expects Demand to Continue
Order books for the upcoming year are mostly full, Deere said, except for a few cases where it has paused orders to reevaluate inflationary pressures later in the year.
Read moreAGCO Reports Q4, Year Results
Increased sales of high horsepower and mid-range tractors as well as precision planting products represented the largest increases for the company.
Read moreKubota Equipment Sales Up 28 Percent
In North America, sales of tractors and construction machinery increased significantly due to strong demand along with growth in suburban development.
Read moreCNH Shows 35 Percent Sales Gain for the Year
In North America, demand was up 10 percent for tractors under 140 HP and up 23 percent for tractors over 140 HP. Combines were up 25 percent.
Read moreScenes from National Farm Machinery Show
Member companies exhibiting at the National Farm Machinery Show in Louisville last week welcomed a steady stream of customers.
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Barometer: Worried Farmers Focus on Input Costs
Fifty-seven percent of producers who responded said they expect farm input prices to rise by 20 percent or more in 2022; 34 percent said they expect prices to rise by 30 percent or more.
Read moreTractor/Combine Sales
Combine sales fell hard from January 2020 to this January. Big tractors continue to post double-digit sales growth.
Read moreArt’s Way Ag Sales Approach 30 Percent Increase
The company also reported an 18 percent gain in labor output on roughly the same amount of wages in 2021.
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2021 Ag Exports Shatter Records
Exports of U.S. ag beat 2020 totals by 18 percent and eclipsed the previous record by 14.6 percent.
Read moreMark Lamboley to Expand Role at HCC
Lamboley will oversee HCC Curitiba, South America, in addition to duties related to Triple C Manufacturing, Inc. and HCC Mendota.
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