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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News
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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Rural Mainstreet Economy in Negative Territory Again
For an eighth straight month, the overall Rural Mainstreet Index (RMI) sank below growth neutral, according to the April survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.
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Lethbridge Iron Works Wins Casting Conversion Award
A visit to the American Foundry Society’s Metalcasting Congress last week in Milwaukee turned up equipment design news ductile iron
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Osmundson Names New Leadership
Osmundson Manufacturing Company, a family-owned manufacturer of high-performing tillage blade and cultivation equipment, announces the addition of two accomplished professionals to its team.
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Tractor Tools Direct Announces Expansion
Tractor Tools Direct is excited to announce an expansion of their company that will allow their customers – small-acreage farmers, land managers, foresters, and producers of hay and pine straw – to get even more work out of their beloved compact and subcompact tractors. This expansion is their acquisition of Ai2 Products from Minnesota.
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Kongskilde Celebrates 75 Years of Innovation and Excellence
Kongskilde Industries, a pioneer in pneumatic technology, proudly announces the celebration of its 75th anniversary in 2024. Established in 1949 by the visionary minds of Mr. Petersen and Mr. Tyndeskov, the company has grown from a modest operation in a small town near Copenhagen to a global leader in its field.
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Alamo Group Faces Union Strike at Gradall Industries
Alamo Group said it was notified that the unionized workers at its subsidiary, Gradall Industries LLC, located in New Philadelphia, Ohio, elected to strike after failing to reach a labor agreement.
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Farm Equipment & Fastline Marketing Partner to Launch ‘News IQ’ Quiz
This twice-monthly quiz offers farm equipment professionals an interactive platform to stay informed and connected with industry developments.
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New Member Spotlight: Pen Steel Mfg.
Pen Steel, Inc. specializes in metal fabrication capabilities such as weldments, laser cutting, CNC, bending, and assembly. Central to Pen Steel’s success is its state-of-the-art robotic welding capabilities.
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CNH Names Gerrit Marx CEO
CNH Industrial announces the appointment of Gerrit Marx to the role of CEO.
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ASABE Develops Standard for Specialty Crop Equipment
The American Society of Agricultural and Biological Engineers (ASABE) has initiated the development of a new standard for specialty crop equipment.
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CNH To Lay Off 200 Wisconsin Employees
CNH Industrial plans to lay off more than 200 out of the 660 workers at its Racine, Wis., facility and considers moving operations to Mexico with the intent of reducing costs by $150 million.
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Tractor Revenue Down 11% in March
In the U.S., tractor dealers reported March revenue down 7%. Canadian dealers, meanwhile, reported a 45% year-over-year decrease in March revenue.
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AGCO Reports $1.4 Billion in 2023 Tractor Revenue
AGCO reported $1.4 billion in tractor sales last year, up 17.7% year-over-year.
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US Manufacturer Shortage Threatens Global Competitiveness
Between 2024 and 2033, an estimated 3.8 million additional workers will be required due to retirements, career shifts, and industry expansion. However, up to half of these positions, around 1.9 million jobs, may remain unfilled without addressing skills and applicant gaps, potentially hindering future growth and global competitiveness.
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Scenes from the 66th Annual Supply Summit & Showcase
Check out the scenes from the 2024 Supply Summit & Showcase in Little Rock where over 250 professionals from the shortline industry gathered for education, networking and fun!
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Baltimore Port Closure Impacts High Horsepower Tractor Imports
The Port of Baltimore is a key hub for ag equipment imports and exports in the U.S., and its closure could have a notable impact on importing high horsepower tractors specifically.
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USDA Unveils $1.5 Billion in Climate Smart Grants
The USDA is providing $1.5 billion in fiscal year 2024 for the Regional Conservation Partnership Program (RCPP) to support conservation and climate solutions.
Read moreFEMA App Now Available!
You asked and we listened! Responding to numerous member requests, the Farm Equipment Manufacturers Association is set to launch an innovative new app.
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Thank You Supply Summit Sponsors!
The Association extends its sincere appreciation to the following esteemed member companies for their generous sponsorship of the Supply Summit & Showcase in Little Rock.
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Supply Summit Announces Booth Contest Winners
Let’s give a big round of applause to our creative winners of the booth contest at the Supply Summit and Showcase in Little Rock, AR!
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Association’s Supplier Section Elects New Leadership
The Supplier Board of Governors of the Farm Equipment Manufacturers Association elected new leadership during our Supply Summit in Little Rock.
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Summit Shenanigans
There’s nothing quite like a little friendly competition to spice things up, right? Find out how Tim Burenga from Worksaver, Inc. made things interesting by striking a deal with Mike over at Lessiter Media.
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Over Half of Dealers Plan to Stick with Inventory Reductions in 2024
A Farm Equipment Insiders poll revealed that over half of dealers (55.9%) plan to continue with their current inventory reductions.
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New Member Spotlight: Waupaca Foundry
The Association welcomes new member company, Waupaca Foundry, who employs 4,000 and supplies iron castings the world uses and trusts.
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U.S. Sales of 100+ Horsepower Tractors Up Second Month in a Row
U.S. Sales of 100+ Horsepower Tractors Up Second Month in a Row
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AGCO and Trimble Close Joint Venture
AGCO Corporation recently announced the closing of their joint venture with AGCO known as PTx Trimble.
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Deere Adds Senior Leadership
Deere reported that Kellye Walker, will join its leadership team as senior vice president, chief legal officer and worldwide public affairs.
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Supplier Board Elects New Leadership
Please join us in congratulating the Supplier Board of Governors of the Farm Equipment Manufacturers Association who recently elected new leadership at the annual Supplier Summit and Showcase in Little Rock, AR.
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Farmer Optimism Rises Amid Shifting Interest Rate Forecasts
Farmer sentiment improved modestly in March with the rise primarily attributable to producers expecting financial conditions on their farms to improve in the year ahead. The improvement in farmers’ financial outlook was buttressed by an improved interest outlook with nearly half of this month’s respondents saying they expect interest rates to decline over the next 12 months.
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Art’s Way Releases Fiscal 2024 Q1 Results
Art’s Way Manufacturing, a diversified manufacturer and distributor of equipment serving agricultural and research, announced its financial results for the first quarter of fiscal 2024.
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Oxbo Acquires Westside Equipment Co.
Oxbo, a leader in specialty harvesting and controlled application equipment, announced the adoption of the Oxbo brand across the Westside Equipment portfolio of products and locations.
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2024 Shortline Legends Hall of Fame — Nominations Deadline April 30
We have begun planning for the Shortline Legends Class of 2024, and want to know who you think should be recognized for their achievements and success in the shortline/independent equipment innovations.
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