Alamo Group Acquires Dixie Chopper Assets
Alamo Group Inc. announced Monday that it has acquired the assets of the Dixie Chopper business from Textron Outdoor Power Equipment Inc., a subsidiary of Textron Inc.
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News
Injunction Stands in North Dakota
A U.S. Appeals court has affirmed a preliminary injunction against a statute regulating relationships between manufacturers and farm equipment dealers. Our Association is not a party to the case but hopes the courts ultimately rule that competing products can occupy space together on a dealer’s lot.
Read moreCattle Farmers Celebrate U.S. Deal with EU
The U.S. and European Union agreed last week to nearly triple the volume of duty-free beef exports from the U.S. to Europe. The president expects the agreement to increase exports from $150 million to $420 million.
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Farmers’ Interest in Big Purchases Improves Significantly
Research on farmer sentiment suggests a renewed willingness among producers to make capital investments on the farm. This improved mood preceded news of the USDA’s Market Facilitation Program payments.
Read moreUSDA: Direct Payments to Farmers Begin Soon
Farmers hit by retaliatory tariffs may receive larger checks from USDA’s second batch of trade aid than in 2018. Direct payments, which will total about $14.5 billion, are expected to be sent out as soon as this month.
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Ag Performs ‘Reasonably’ Well in Alamo’s Record-Breaking Quarter
Alamo Group reported record-breaking net income and net sales for its second quarter and first half of the year in spite of facing declines in agriculture.
Read moreAfrican Swine Fever May Shrink China’s Herd by Half
By the end of 2019, African swine fever is expected to have eliminated half of China’s pig herd. Analysts estimated the size of the herd at 360 million in late 2018. Recovery may take more than five years.
Read moreAGCO’s Q2 – Gain in N. America
Net sales are down for the quarter and the first half of the year, but AGCO’s CEO says the company has raised its earnings outlook to reflect confidence in its margin performance.
Read moreAGROdeviate Acquires StripCat Products
AGROdeviate has acquired the StripCat family of products from Twin Diamond Industries. AGROdeviate is the parent company of Hawkins Ag and W&A Manufacturing.
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Ag Sales Decrease at CNH
Net sales for the agriculture division of CNH Industrial decreased. The company noted that trade tensions remain unresolved and recent weather events in North America, Australia and Northern Europe have negatively affected the industry.
Read moreTitan International Sees Dip in Sales
The company has seen a decline in net sales for its quarter and six-month periods. CEO Paul Reitz said “all you have to do is spend a little time driving around the Midwest to see how tough things are for farmers right now.”
Read moreValmont Reports Q2 Financials
Revenue at Valmont grew, although North American sales dipped. Operating income remained flat.
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A Year After Tornado, Vermeer Highlights Recovery
A year after an EF-3 tornado ripped through Vermeer, the company says its back and stronger than ever. See how they’re rebuilding.
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Deere Announces Registered Apprenticeship Program
Participants in the program will receive on-the-job and technical training and a mentor, and they’ll earn while they learn.
Read moreUnverferth to Buy Blu-Jet Product Line
Unverferth Manufacturing Co., Inc., and Thurston Manufacturing have announced that Unverferth will buy the Blu-Jet product line.
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U.S.-China Talks Resume This Week
Top American and Chinese negotiators are set to speak by phone this week in an effort to revive stalled trade talks. Among sore spots: U.S. demands for China to buy more American agricultural and industrial products.
Read morePlant Conditions Make Marginal Gains in Crop Report
As of Sunday, 98 percent of corn has emerged and 8 percent is silking, compared to the five-year average of 22 percent. In soybeans, 96 percent of the soybean crop is planted and 90 percent has emerged.
Read moreWho Grows the Most? Ag Census Breaks It Down
The National Agricultural Statistics Service recently released a trove of stats detailing which congressional districts have the most farms, grow the most soybeans, raise the most cattle, and more. Check out these highlights.
Read moreLessiter Media Announces New Employee
Lessiter Media has added Benjamin Thorpe to its Ag Division editorial team. Thorpe will serve as an associate research editor
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Farmers Experiment with Hemp Amid Trade Challenges
A growing number of U.S. farmers battered by low grain prices and the threat of a prolonged trade war with
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Domestic Demand on Steel Weakens
United States Steel Corp. said it will cut production by idling two blast furnaces in response to falling demand for
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Association Joins National Effort to Build Workforce for Farm Equipment
With support from this Association, partial scholarships have been awarded to 36 teachers who are seeking certification to help prepare
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Grassley warns EU trade deal will die if agriculture is excluded
Senate Finance Committee Chuck Grassley warned the European Union on Tuesday that insisting on excluding agriculture from any trade deal
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PepsiCo Sues Four Indian Farmers Over Potato Variety
PepsiCo Inc. has sued four Indian farmers for cultivating a potato variety that the snack food and drinks maker claims
Read moreEPA: Glyphosate Not a Carcinogen
The U.S. EPA said last week that glyphosate, a chemical in many popular weed killers, is not a carcinogen, contradicting
Read moreFor Lower Paid Workers, Fates Are Influenced by Robots
It’s time to stop worrying that robots will take our jobs—and start worrying that they will decide who gets jobs.
Read morePEER Chain Promotes Technical Product Manager
Mechanical engineer Nety Park has been promoted to technical product manager at PEER Chain. “We are thrilled to have Nety
Read moreDeere Honors Member
Assembled Products, Inc. has been named an Enterprise Supply Management Supplier of the Year by John Deere. The Urbandale, Iowa,
Read moreStatus Update from ASABE
The American Society of Agricultural and Biological Engineers has contributed this content to Shortliner. Towed Implements —X638 Pintle Hitch Draft standard approved,
Read moreAGCO’s Sales Slip in First Quarter
AGCO last week released its earnings report for the quarter ended March 31. The company reported a six-tenths of a
Read moreAlaska Bucks Trend, Adds Farm
At a time when the number of farms nationwide is declining, Alaska is bucking the trend. The state saw a
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Perfect Storm of Circumstances Hurt Wisconsin Dairy
Dairy farms in Wisconsin are on the brink of vanishing as they struggle to survive falling prices, overproduction and trade
Read moreU.S. Trade Deal with Japan Possible This Month
White House economic adviser Larry Kudlow said Friday that the U.S. could reach a trade deal with Japan by the
Read moreAg Talks Progress, Trump Turns Up Heat on China
President Donald Trump said Sunday that tariffs on $200 billion of Chinese goods will increase to 25 percent on Friday,
Read moreAfrican Swine Fever Hits Hard in China
China’s Agriculture Ministry says more than 80 percent of hog farms in China have decided not to replenish herds lost
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Deere to Pay $1 Million for Air Quality Violation
Deere & Co. will pay $1 million for violating air quality standards over a roughly 13-year period at its diesel-engine
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Dealer News
Blanchard Equipment, which operates 15 stores in Georgia and South Carolina, has relocated its Clinton, S.C. dealership to a shuttered
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Both Parties Seek Change Before Ratifying USMCA
Senate Finance Chairman Chuck Grassley and five other leading Republican senators went to the White House last week to level
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USDA Defines Powerful Economic Potential of Rural Broadband
Agriculture Secretary Sonny Perdue last week unveiled a report that put at tens of billions of dollars the economic impact
Read moreAlamo Reports Record-Breaking First Quarter
Alamo Group reported record net income and record net sales for the quarter ended March 31. Net sales increased by
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Shortline Manufacturers Score Well in Annual Dealer Survey
The Equipment Dealers Association (EDA) has released its 2019 Dealer-Manufacturer Relations Survey Report, an annual endeavor that provides agriculture and
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Farmers ‘Severely Behind’ in Planting Corn
USDA reported this week that farmers throughout the Corn Belt are severely behind the five-year average when it comes to planting
Read moreRight-to-Repair Gains More Attention in National Campaigns
In Iowa this week, presidential candidate Bernie Sanders shared policy ideas he believes to be answers to a slumping farm
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Canada to Impose Tariffs on U.S. Products
Canada is threatening new retaliatory tariffs on more U.S. exports if the U.S. tariffs on Canadian steel and aluminum are
Read moreKubota Releases Yearly Earnings Report
For the year ended Dec. 31, consolidated revenue for Kubota Corp. increased by 5.7 percent compared to the previous year.
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Midwest Floods Hammer Ethanol Industry, Drive Up Gas Prices
The March floods that punished the U.S. Midwest have trapped barrels of ethanol in the country’s interior, causing shortages of
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Presidential Hopeful Warren Tackles Right to Repair
Sen. Elizabeth Warren (D-Mass.) rolled out an extensive agriculture platform during a recent campaign stop in Iowa. It included a
Read moreAg Economy Barometer: Willingness to Invest Improves
Concerns about economic conditions led to a dip in the Ag Economy Barometer from February to March. The Index of
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Changes in Freight May Upend How America Moves Its Stuff
A chronic logjam in a freight yard in Central Illinois has led Norfolk Southern Corp. to rethink how it moves
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