The Purdue University/CME Group Ag Economy Barometer dipped 5 points to a reading of 125 in February. Farmers’ perspectives regarding both current conditions on their farms and their expectations for the future also weakened.
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The Supplier Showcase is an outstanding opportunity to form new partnerships and strengthen existing ones.
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Gov. Kim Reynolds and the Iowa Economic Development Authority (IEDA) announced that Iowa will be investing an additional $2 million in the Manufacturing 4.0 Technology Investment Program to enhance productivity, efficiency and competitiveness in Iowa’s largest industry.
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Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs.
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The Agricultural Retailers Association (ARA) is proud to endorse the 2023 farm bill policy priorities announced today by the Food and Agricultural Climate Alliance (FACA).
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For a third straight month, the Creighton University Rural Mainstreet Index (RMI) climbed above the growth neutral threshold, 50.0, according to the latest monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.
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The Biden administration has sided with farmers in an ongoing right-to-repair antitrust lawsuit filed against John Deere, asking the U.S. District Court for the District of Northern Illinois to rule against a company motion that could lead to dismissal in the case.
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Even with the rise in fertilizer and fuel prices, net farm income hit a record in 2022. Now, USDA ERS says 2023 could be a different story, forecasting net farm income to fall nearly 16% this year.
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Advocates are filing a lawsuit against the EPA, alleging that the agency is not enforcing the Clean Air Act by allowing agricultural equipment companies to prevent farmers from making their own repairs to tractors and other machines.
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The USDA recently released its Annual Crop Production Report focusing on corn, soybeans, and wheat.
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Farmers will now have the right to repair tractors and other agricultural equipment from John Deere without having to use the manufacturer’s own parts and facilities.
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Ag Producer sentiment improved sharply in December as the Purdue University-CME Group Ag Economy Barometer Index reading of 126 was 24 points higher than a month earlier.
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The American Society of Agricultural and Biological Engineers (ASABE) recently announced its AE50 award winners representing the best innovations in engineering and technology for agricultural, food, and biological systems.
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Unverferth Manufacturing is Co., Inc. is celebrating its 75th anniversary in 2023. Check out the video that chronicles their humble beginnings from a farm shed in 1948 to today’s state-of-the-art manufacturing facilities.
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Great Plains Manufacturing, Inc. (GPM), today announced that David Disberger will succeed Linda Salem in her role as President and CEO of the company following her semi-retirement on Jan.1, 2023.
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The Association hosted a reception for our members at the Nebraska Ag Expo on Dec. 6. President Ben Hellbusch, and other members, visited with members and highlighted the many benefits of the Association with prospective members.
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May this season be filled with peace and joy for you and your loved ones, and may the year ahead be a happy and profitable one.
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Farmer sentiment was unchanged in November compared to October, with the Ag Economy Barometer Index remaining at 102.
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The farm equipment-sales index jumped to a strong 59.5 from October’s weak 47.8. The index has risen above growth neutral for 22 of the last 24 months.
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Unverferth Manufacturing Co. Inc. has announced its Shell Rock, Iowa facility has nearly completed a 75,000-square-foot plant expansion that will add 65 new job openings.
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The Association’s Board of Directors recently elected officers at its Marketing & Distribution Convention in Orlando.
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Domestic steel production as of October 17, 2022.
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After falling below growth neutral in August, the farm equipment-sales index soared to 58.0 for September from 45.9 in August. The index has risen above growth neutral for 21 of the last 22 months.
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Farm Equipment’s second shortline farmer survey found growers continue to purchase shortline equipment based on price, special features and availability.
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Association will hold its 2022 Annual Business Meeting and election of directors during the 1 p.m. session Wednesday, October 26, during the fall Marketing & Distribution Convention in Orlando
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Irrigation pivots are often shut off when the heat of the summer puts a strain on local power grids. To
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Fewer than 10 percent of U.S.-based property and casualty insurance companies earn the A+ rating—even less have achieved it for three straight decades. The designation speaks to the financial strength and soundness of Sentry as a company.
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North American Equipment Dealers Association Completes Merger Kansas City, MO (July 5, 2022) – The North American Equipment Dealers Association (NAEDA) is pleased
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As we in the U.S. and Canada are about to again celebrate our independence, there seem to be so many
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Bank CEOs expect 2022 net farm income for grain farmers to be 12.6% above 2021 levels.
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Agency Orders Require Companies to Fix Warranties, Come Clean with Customers, and Compete Fairly with Independent Repairers
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June Survey Results at a Glance: The overall index fell below growth neutral for the first time since September 2020.
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Acquisition of Salford will expand Linamar’s ag portfolio, which is currently anchored by MacDon Industries Limited.
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Marc Adams, sales/marketing manager of GBGI Inc., was elected to a one-year term as chairman of the board.
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Farm equipment sales: This was the 17th straight month that the index has advanced above growth neutral. Readings over the past several months are the strongest string of monthly readings recorded since the beginning of the survey in 2006.
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More that 250 member executives and guests came together April 6-8 in New Orleans for the 2022 Supply Summit & Showcase. Members built business relationships and friendships while fishing, playing a round of golf, eating crawfish and shooting trap, and enjoying a bit of New Orleans nightlife.
Read moreThe U.S. continues to struggle with labor and supply chain woes brought on by the COVID-19 pandemic, but the latest
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Ag Economy Barometer slides lower, producers concerned about war’s impact on input prices. (Purdue/CME Group Ag Economy Barometer/James Mintert).Download Photo WEST
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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.
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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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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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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.
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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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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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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.
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Farmers offered insights into quality of their rural broadband and if they plan to grow their business or leave it.
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With Mardi Gras over, New Orleans will lift its indoor mask mandate on Thursday, following the lead other U.S. cities in
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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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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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Exports of U.S. ag beat 2020 totals by 18 percent and eclipsed the previous record by 14.6 percent.
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