Fine Print on Ethanol Proposal Disappoints
Details released last week as part of the Trump administration’s proposal to boost ethanol are getting low marks from corn farmers and ethanol advocates.
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Farm Equipment Index Moves Toward Growth
The October farm equipment-sales index improved to 39.7 from September’s 35.9. This reading is the highest it has been since June, although at the below-50 mark, it does not yet represent growth in the market.
Read moreDealer News
Check out this merger in Missouri and Illinois and an acquisition in Arkansas.
Read moreDot Technology Establishes Subsidiary
Dot Technology Corp. has established a subsidiary to focus on computer vision, machine learning optimization, and intelligent navigation.
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Farmers Feel Better About Tomorrow, Worry More About Today
Although the Ag Economy Barometer dipped only slightly, there was a relatively large sentiment shift among ag producers as they were noticeably more pessimistic about current conditions but somewhat more optimistic about future economic conditions.
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Beef Prices Rise in Response to Demand in Asia
Cattle prices in the U.S. have risen since September as a protein shortage in Asia drives bets that livestock will be in increasingly high demand.
Read moreArt’s Way Announces Q3 Financial Results
ARMSTRONG, Iowa, Oct. 9, 2019 /PRNewswire/ — Art’s Way Manufacturing Co., Inc. (ARTW), a diversified manufacturer and distributor of equipment serving agricultural,
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EPA, USDA Announce Agreement on Promoting Biofuels
“The Farm Equipment Manufacturers Association is pleased to see integrity returned to the Renewable Fuel Standard. No other sector in
Read moreFederal Crop Insurance to Increase Payments
Farmers who could not plant a crop this year because of flooding will receive extra assistance from the federal crop insurance program. An economist from the U of I said the payment “is more generous than I expected.”
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White House Seeks Solution for Corn Growers, Ethanol
The White House is putting together a deal to mitigate damage done to corn growers and the ethanol industry as a result of waivers being granted to small oil refineries. Ethanol advocates are asking for the administration to remain committed to the 15-million gallons a year called for in the Renewal Fuel Standard.
Read moreDeere Turns to U.S. After Growth Overseas Stalls
John May, Deere’s incoming chief executive, will narrow the company’s focus to enhancing technology and growing the U.S. market. This is a pivot from CEO Sam Allen’s emphasis on selling more equipment in developing markets overseas.
Read moreAfrican Swine Fever Advances in Asia
South Korea has now been hit with African swine fever. A veterinarian with the National Pork Board said the global outlook continues to worsen.
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Millions More Qualify for Overtime Pay
The Trump administration has boosted the number of workers eligible for overtime, extending pay requirements for about 1.3 million people.
Read moreAgrisolutions Moves to Bigger Space
Agrisolutions has opened a new 110,000-square-foot facility in Rock Island, Ill. It is quadruple the size of its previous space.
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Solberg Joins Dot Technology
Dot Technology, which is in its commercialization phase, has added Craig Solberg as its director of sales and retail development.
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SC farmer first to be arrested for growing hemp.
Law enforcement mowed down 10 acres of hemp and arrested John Pendarvis — the first farmer in the state to be charged with growing the crop on unlicensed land.
Read moreAlamo to Acquire Morbark
Alamo Group Inc. has agreed to acquire 100 percent of the outstanding capital shares of Morbark, LLC. CEO Ron Robinson said the acquisition will “expand and complement our range of vegetation maintenance equipment in an adjacent market.”
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EPA, Army finalize repeal of controversial ‘Waters of the U.S.’ rules
This action officially ends an egregious power grab and sets the stage for a new rule that will provide much-needed regulatory certainty for farmers, home builders, and property owners nationwide.
Read moreKcoe Isom Acquires Paragon
K·Coe Isom has acquired Kansas-based ag advisory and commodity brokerage firm Paragon.
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DealerNews: Dutch distributor buys Manitoba Claas dealerships
A major Dutch farm equipment distributor is buying into the Manitoba equipment business, with deals for genAg and Hepson Equipment.
Read moreMahindra Group Strengthens U.S. Presence with New Washington, D.C., Office
The Mahindra Group, a US$ 20.7 billion global federation of companies, has announced the opening of its new Washington, D.C.,
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Pro Ag SD Governor Says She Will Veto Hemp Again in 2020
Pro Ag SD Governor Says She Will Veto Hemp Again in 2020
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Canadian Government Assists Dairy Farmers
The owner of a typical farm with 80 dairy cows will be awarded about $28,000 this year to assist farmers hurt by trade disputes.
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CNH Industrial acquires AgDNA
acquisition will enable CNH Industrial’s customers, and those of third party agricultural machinery, to benefit from AgDNA’s single point data integration, mapping and analytical tools.
Read moreEPA Rejects Cancer Warning on Glyphosate
EPA Administrator Andrew Wheeler said it is “irresponsible to require labels on products that are inaccurate when EPA knows the product does not pose a cancer risk.”
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Illinois Law Bans Employers from Salary Question
Illinois has joined the national trend of banning questions regarding a job applicant’s salary history. It is effective Sept. 29.
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Member Company CEO Earns Spot on Prestigious List
The award celebrated Tom Shorma with WCCO Belting for leading the company’s innovation and growth in diverse markets.
Read morePEER Chain Announces New Product Manager
Drew Beadle will bring new chain products to market based on industry feedback.
Read moreNTN Updates App to Fight Counterfeit Bearings
The updates allow users to search for distributors and features product number validation.
Read moreMember Company Brings Back Original Name
CDS-John Blue Company is once again John Blue Company, the name upon which it was founded in 1886.
Read moreLegal News
Court rejects HSUS’s attempt to advance an anti-meat activist agenda WASHINGTON, D.C., August 23, 2019 – The U.S. Court of Appeals
Read moreFighting Illegal Robocalls
Coalition of Attorneys General, Private Companies in Fight Against Illegal Robocalls As a result of a bipartisan, public/private coalition of
Read more“Makers for American Manufacturing”
For the second consecutive year, Chief Executive has selected a handful of people who are really successful, whose companies represent
Read moreSecretary Perdue Statement on Japan Agreement
U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the new trade agreement between the United States and
Read moreUSDA Details Trade Damage Estimate Calculations
(Washington, D.C., August 23, 2019) – U.S. Secretary of Agriculture Sonny Perdue today announced that the U.S. Department of Agriculture
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CDS-John Blue Company Brings Back Original Company Name
August 5, 2019 – Huntsville, AL — CDS-John Blue Company announced today it is transitioning its company name back to John
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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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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.
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.
Read moreAg 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.
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.
Read moreU.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.
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