CNH Industrial Ag President Steps Down
CNH Industrial N.V. announces that it has accepted Derek Neilson’s request to leave the Company later this year.
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News
Global Manufacturing Rebound Predicted in 2025
Although the global manufacturing economy is on track for “sluggish” growth of just a 0.6% annual expansion in 2024, that picture is forecasted to brighten considerably in 2025.
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House Ag Committee Completes Farm Bill Markup
The U.S. House of Representatives Committee on Agriculture completed its markup of the Farm, Food, and National Security Act of 2024 (Farm Bill) on May 24, 2024, passing the proposed legislation 33-21
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New Member Profile: The TireGrabber Ltd.
Starting from the need to solve a serious problem, Darcy Goossen invented, patented, and engineered The TireGrabber in 2017.
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Farmer Sentiment Recovers in May
Farmer sentiment recovered somewhat in May following a sharp drop-off in April. The May reading of the Purdue University-CME Group Ag Economy Barometer came in at 108, up 9 points compared to April.
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ASABE Revises Standards on Tractor Ballast and Tread Settings
ASABE has initiated the revision of ASAE EP562.1 SEP2015 (R2019) Procedure for Determining Recommended Ballast and Minimum Rear Wheel Tread Settings for Agricultural Tractors with Agricultural Front Loaders.
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New Member Profile: BPW-Hungária Kft
Meet new member BPW-Hungária Kft., a wholly-owned subsidiary of the German BPW Group, who is a manufacturer of running gears for agricultural vehicles and machines.
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Container Shortage Drives Ocean Freight Rates Skyward
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates.
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Farm bill Advances from U.S. House Panel
Republicans moved their long-awaited new farm bill through the U.S. House Agriculture Committee last week, despite opposition from most Democrats.
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Announcing the Winner of Our Supply Summit Evaluation Contest!
We extend our sincere thanks to all the members who participated in the 2024 Supply Summit & Showcase Evaluation. Your feedback is invaluable to the Association’s Convention Committee and Management.
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House Unveils $1.5 Trillion Farm Bill Draft
The U.S. House Agriculture Committee Friday released the draft bill text of the long-awaited $1.5 trillion farm bill, which is likely to face opposition in the Senate from Democrats due to disagreements over federal anti-hunger programs and climate change requirements.
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Planting Progress Leaps Forward, But Behind Average
The USDA released its eighth Crop Progress Report of the 2024 growing season. Here’s a look at the most recent corn, soy, wheat, and oat numbers.
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Top Ten Memorial Day Facts
For many Americans, Memorial Day marks a fun-filled long weekend and the unofficial start of summer. In light of this meaningful history, it’s important to remember the real reason for the holiday.
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Milestones and Moments: Hathaway Family Welcomes 1st Grandchild
FEMA Executive Vice President, Steve Hathaway, and wife Amy recently welcomed their first grandchild, Dallas Thomas Damon!
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US Manufacturing Output Unexpectedly Falls in April
Production at U.S. factories unexpectedly fell in April amid a decline in motor vehicle output, data showed on Thursday.
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Feds Boost Biosecurity Funding at Dairy Farms to Fight Bird Flu
The U.S. Department of Agriculture (USDA) will now pay dairy farms with confirmed avian influenza infections to help contain the virus’ spread.
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Insurance 101: Why It’s Essential for Your Business
Every year, we face the challenge of renewing our insurance policies, and prices are rising despite having few claims. So why do we need insurance?
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Members Only: Free ASABE Flash Drive
As a benefit of membership in this Association, companies may request a no-cost CD or flash drive containing current standards from the American Society of Agricultural and Biological Engineers (ASABE). This is a $569 value. Restrictions apply.
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Exclusive Member Benefit: Free FEMA Member Directory
Members of the Association may request a physical directory that includes contact information for other member companies
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CNH Q1 Net Ag Sales Decline 14%
Results for the three months ended March 31, 2024, with net income of $402 million and diluted earnings per share of $0.31 compared with net income of $486 million and diluted earnings per share of $0.35 for the three months ended March 31, 2023.
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Dramatic Rise in Workplace Drug Test Cheating
The percentage of employees in the general U.S. workforce whose drug tests showed signs of tampering increased by more than six-fold in 2023.
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Blame El Niño and La Niña for the Extreme Weather Outbreaks
Since late April, the U.S. has been hit by numerous tornado outbreaks and planting delays due to extreme weather, a result of the rapid transition from El Niño to La Niña.
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AGCO Faces Lawsuit from Indian Tractor Manufacturer
AGCO has terminated its commercial relationships with Indian tractor manufacturer Tractors and Farm Equipment Limited (TAFE).
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Kubota Caps Number of Dealer Stores by State
Kubota has implemented a new policy that will cap the number of stores any Kubota dealer can own per state.
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New Member Profile: BC Technologies
Meet BC Technologies, which specializes in wire harnesses for agriculture and industrial equipment. They offer a range of products and services, including harness assembly, prototyping, and harness evaluation and repair.
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NTN Bearing Recognized with Supplier Excellence Certification
The NTN Hamilton Plant was awarded the Supplier Excellence Recognition Process (SER) Certification which underscores NTN’s consistent demonstration of excellence in product quality, service delivery, and overall performance in its partnership with Caterpillar.
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ASABE Has Begun Withdrawing ISO 15077 Standard
The American Society of Agricultural and Biological Engineers (ASABE) is proposing the withdrawal of the 2008 identical adoption ASABE/ISO 15077:2008 OCT2008 (R2018), Tractors and Self-Propelled Machinery for Agriculture — Operator Controls — Actuating Forces, Displacement, Location and Method of Operation, from publication.
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Buhler Reports Q1 Income Up 27%
Buhler reported that revenue for the quarter was up 27% coming in at $71.1 million Canadian compared with C$56 million in the prior year first quarter.
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Deere Reports Second Quarter Net Income
Deere & Company reported net income of $2.370 billion for the second quarter ended April 28, 2024, or $8.53 per share, compared with net income of $2.860 billion, or $9.65 per share, for the quarter ended April 30, 2023.
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Tractor/Combine Sales: 4WD Tractor Sales Soar in April
U.S. Sales of 4-Wheel-Drive tractors increased 24.1% in April compared to 2023, according to the new data from the Association of Equipment Manufacturers.
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🧑🌾Free June 6 Webinar: Farmer’s Buying Journey 🚜
If you are a dealer, distributor or manufacturer looking to make decisions about your digital and marketing strategy this real evidence will help you make informed decisions or back up decisions you have made.
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Farmers Planting Ahead of Schedule This Year
As of April 28, corn planting progress across the U.S. stood at 27% complete ahead of the 5-year average of 22%.
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Oxbo Appoints New Sales Manager
Oxbo is pleased to announce Tom Fagen has joined Oxbo as Sales Manager for the North American High Value Crop team.
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Farmer Sentiment Reaches Lowest Point Since June 2022
Farmer sentiment declined sharply in April, as indicated by the Purdue University/CME Group Ag Economy Barometer, which fell 15 points from March to a reading of 99.
Read moreDeere Lays Off 34 Moline Cylinder Works Employees
John Deere is laying off 34 production employees at its Moline Cylinder Works factory at the end of the month.
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Recruiting and Retention in the New World of Work
The workplace of 2024 has served up a special menu of challenges that leaves many managers looking for a new playbook. Learn effective strategies to attract and retain top talent, even in today’s challenging workforce environment.
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For Miller, 50-Years of FEMA Equals More Meaningful ROI
As Miller Products Company grew into a dominant manufacturer of parts and equipment for the ag and farm equipment industries, they quickly found a home with FEMA.
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FEMA Member Benefits – Did You Know?
As a member of the Farm Equipment Manufacturers Association, we’re committed to boosting business success and profitability through networking, effective communication, and technology. Explore the full range of benefits our membership offers.
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Milestones and Moments: Staff Member’s Son Earns Podium Spot
The Stevener family recently traveled to Chicago for Distance Night in Palatine, a special event bringing the best high school runners together from the Midwest.
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Danuser Machinery Supports Wounded Warriors
Danuser Machinery is a proud supporter of Wounded Warriors in action and VFW Post 2657 and donated an auger bucket for their auction with all proceeds going to Wounded Warriors in Action.
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PLCs, Autosteer, & ISOBUS: The Beginnings of Farm Machinery Autonomy
Tractors saw a shift towards computer control in the 1990s, incorporating the programmable logic controller (PLC) for tasks like electronic engine control and transmission shifting.
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Aviation Fuel Tax Credits Give Agriculture a Lift
The Treasury Department will allow U.S.-made ethanol and other biofuels to qualify for a sustainable aviation fuel tax credit under the Inflation Reduction Act.
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U.S. Soybean Share in China to Fall as Argentina Gains Ground
U.S. soybean exports to China are set to decline further in 2024 as Argentina and Brazil increase their share in the world’s largest soybean market.
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CNH Industrial Workers Avert Strike at Fargo Plant
One day after a contract was set to end between CNH Industrial and union workers at a Case wheel loaders plant in Fargo, ND, an agreement was reached to avert a strike and keep operations running at the factory.
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Saskatchewan Invests $300K in Ag Manufacturing Initiative
The Saskatchewan government has invested $300,000 to support the AMC in creating a mobile, virtual reality (VR) skills lab to promote job opportunities in agricultural manufacturing.
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House Pushes Ahead on Farm Bill
House Ag Chair Thompson is ramping up to release the House farm bill draft ahead of the planned May 23 markup.
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CNH Q1 2024 Ag Sales Decline 14%
CNH Industrial N.V. has reported results for the three months ended March 31, 2024 with ag net sales decreasing,14% to $3.37 billion, for the quarter.
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AGCO Q1 Net Sales Drop
AGCO a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $2.9 billion for the first quarter ended March 31, 2024.
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Kuhns Elected to Association Board of Directors
Congratulations to Glendon Kuhns of Norden Mfg. who was recently elected to the Board of Directors of the Farm Equipment Manufacturers Association.
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Union Workers at CNH Industrial Fargo Plant Reject Contract Offer
Nearly 700 members of the International Association of Machinists and Aerospace Workers (IAM) Local 2525 (District 5) at Case New Holland (CNH) in Fargo, N.D., have rejected the company’s offer, according to an April 29 press release from the union.
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