Rural Mainstreet: Outlook Soars to Highest in Decade
Data from researchers who assess the economy in rural communities reported signs of strength in farm country.
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Buhler Reports Promising First Quarter
Net sales increased by 4 percent in the fourth quarter for member company Buhler Industries. The rise in sales is part of an overall picture of optimism.
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Summit: Hear from Pros on Life Post-COVID, Farmer Attitudes, Ag Economy
Based on a preliminary conversation with officers of the board, if the Association can host an effective meeting in the context of compliance with COVID-19 restrictions, we will be in Kansas City from April 7 to 9.
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Farmers’ Willingness to Buy Remains Strong
The index that measures farmers’ willingness to buy equipment held strong at its record high of 93. The percentage of farmers expecting to increase their machinery purchases also held at its highest level of the last year.
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Shipping Carriers Reject Tons of Ag Exports
Shipping carriers rejected U.S. agricultural export containers worth hundreds of millions of dollars during October and November. The Federal Maritime Commission is investigating whether carriers violated the Shipping Act.
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OSHA: Cover Cost of Vaccine, Do Not Distinguish Vaccinated
The guidelines also suggest employers consider protections and reasonable accommodations for workers at a higher risk of severe illness from COVID-19,
Read moreBayer Agrees to Pay $2 Million in Roundup Cases
The company said the announcement has no impact on the availability of Roundup.
Read moreWorthington Buys General Tool
The company said acquiring General Tool “expands our thriving consumer products portfolio.”
Read moreKuhn Sees Jump in Order Intake, Book
The company “the agricultural machinery market proved resilient in the reporting period.”
Read moreArt’s Way Announces FY20 Results
In agriculture, net sales declined by 3.1 percent in 2020, which the company primarily attributes to the loss of low-margin OEM business.
Read moreDeere Pulls Out of Agritechnica
The tractor maker said the “future remains uncertain,” citing mutations of the coronavirus and the slow progress of vaccination.
Read moreSupplier Spotlight: MFC
Supplier Spotlight is a newly introduced newsletter feature. If you would like to see your company’s story here, send it to Kristi@FarmEquip.org.
Read moreNet Sales Rise at AGCO
The biggest gain in sales was in South America. North America saw a 10 percent drop.
Read moreSmall Tractors Perform Well at CNH in Q4
In North America, tractor demand was up 27 percent for tractors under 140 horsepower and 17 percent for tractors over 140 horsepower.
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Dealer News
See the latest in acquisition news, an ownership expansion, earnings, and dealer sentiment.
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Machine Guarding Checklist
Member companies have password-protected access to a 66-page document created by Sentry that offers guidance on creating a product safety process. Catch a glimpse of what’s in the manual here.
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Tips for Post-COVID Business Travel
As travel returns, which it no doubt will, it will bring with it a whole host of new complexities around keeping costs and risks low. Companies will need to be prepared with a sound strategy and technology to support it in order to stay on top of the competition.
Read moreVilsack Focuses on Sustainability in First Hearing
Republican Senator Chuck Grassley introduced Vilsack at the Ag Committee hearing, an indication of bipartisan support for the nominee to succeed Sonny Perdue.
Read moreFort Wayne Farm Show Cancels
The 2021 show had been rescheduled for March in hopes that conditions would be better. Next year’s show is booked for January.
Read moreLeadership Changes at AGCO
AGCO has changed and expanded its senior leadership team to sharpen the company’s focus on precision agriculture and digital solutions.
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YRC Changes Names to Yellow
Association partner YRC is now the Yellow Corporation, which is the restoration of a previous company name represented by the “Y” in YRC.
Read moreDeere to Support Wiedenmann Aeration
Deere’s golf and sports dealer network will sell and support the Wiedenmann line of aeration solutions.
Read moreVaderstad Expands
Väderstad will invest the equivalent of U.S. $15.1 million in a new factory in Sweden. It is expected to open in 2022.
Read moreYanmar Appoints Ag Director
Yanmar America has announced Mark Short as director of its agriculture and UTV divisions.
Read moreAGCO Sees Gains in Q4
Net sales for AGCO increased by about 8 percent for the fourth quarter of 2020. Net sales for all of 2020 increased by 1.2 percent.
Read moreArt’s Way Announces FY20 Results
In agriculture, net sales declined by 3.1 percent in 2020, which the company primarily attributes to the loss of low-margin OEM business.
Read moreWorthington Acquires General Tools & Instruments
Worthington Industries, Inc. announced Monday it has acquired General Tools & Instruments Company LLC (General Tools), a provider of over
Read moreLeadership Changes at AGCO
AGCO has changed and expanded its senior leadership team with the intent, the company says, to further increase customer focus
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Human Connection: How Work Gets Done
As we march ahead on plans for Supply Summit 2021 in Kansas City, (Registration is open!) we take a look at related news and advice on this virtual business world.
Read moreDeere Sues Kinze, Ag Leader
An agricultural engineering field specialist says the Ag Leader-Kinze high-speed planter is not identical to Deere’s but it relies on a similar system to discharge the seeds.
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Suppliers Struggle, Steel Prices Soar Amid Rebound
“We can sell everything we have,” said Brad Serlin, president of United Scrap Metal Inc. “Steel mills that were out of the market all of a sudden are doing big orders.”
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Trucking Market Expected to Expand Capacity in 2021
Freight volumes have expanded beyond pre-pandemic levels. The trucking workforce, meanwhile, has contracted. Still, companies are investing in more trucks and plan to expand.
Read moreBill Gates Owns Most Farmland in U.S.
Bill and Melinda Gates own 242,000 acres of farmland in the U.S. in more than a dozen states.
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Requiring Vaccines: Employers Can But Likely Won’t
Employers appear not to be mandating vaccines. Some are offering financial incentives to encourage it.
Read moreFather and Son Announce Talent Firm
In a news release announcing the new company, the owners quoted Harvey Firestone: “The secret of my success is a two-word answer: Know people.”
Read moreDexter Acquires Redneck, Redline Products
The partnership expands the groups’ geographical footprint and provides better coverage to customers, according to Dexter.
Read moreMorris Sells to Parent Company Rite Way
A judge has approved the sale of seeding equipment manufacturer Morris Industries to parent company Rite Way Manufacturing. The restructured business will operate as Morris Equipment.
Read moreSummit Speakers Invite You to Join Research Effort
Supply Summit attendees and survey participants will be among the first to review findings of this study focused on the attitudes and beliefs that drive farmers’ buying decisions.
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Suppliers: Submit Videos, Newsletter Profiles
The Association invites suppliers to add videos to your pages in the digital directory and submit company profiles for this newsletter.
Read moreDealer News: Transition at the Top at 4Rivers
Keith Olson has retired as CEO of 4Rivers Equipment after 41 years. He will continue to guide 4Rivers as a partner and a board member. John Shearer, who was COO, succeeds Olson.
Read moreTractor/Combine Sales
With the exceptions of combine sales and sales of 4WD tractors in the U.S., big equipment sales in Canada an the U.S. were strong in December.
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Bank Survey Shows Strong Equipment Sales
The January farm equipment-sales index rose to its highest reading since April 2013.
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ASABE to Revise Braking Series Standards
Members of this Association who are not members of ASABE can receive at no cost the compilation of industry standards produced by ASABE—a $650 value.
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Shrinking Grain Supplies Send Prices Skyward
Dry weather and an uptick in demand from China has influenced the supply-and-demand scenario on grains.
Read moreTrudeau Reluctant to Reopen Border with U.S.
Trudeau’s current, pandemic-specific hesitation is not indicative of his longer-term interest in seeking what the U.S. administration seeks at the border.
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Futurist: Broadband, Robots to Transform Ag
“Whether it’s Bezos or Musk or Loon, somebody will crack the code and we will have connectivity on the farm to connect everything together, from grain bins to soil moisture probes,” Robert Saik said.
Read moreMSEDA Cancels Midwest Ag Expo
Midwest Ag Expo has been rescheduled for January 2022. The joint annual meeting of the associations will be in February 2022.
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New Stimulus Package Expands Benefits, Eligibility
A business is eligible for the second round of PPP if they do not have more than 300 employees and can show a more than 25 percent reduction in gross receipts for any quarter in 2020.
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Circumstances Are Uncertain, the Association is Not
We will create opportunities for substantive, productive conversations with industry experts and industry peers. We promise you ideas, connections, and solutions.
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Ag Barometer: Farmers Ready to Buy
Farmers feel good about their financial positions, according to the Ag Economy Barometer. The Farm Capital Investment Index, which measures producers’ willingness to make big purchases, hit a record high in December.
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