CNH announces appointment of new CEO
Source: CNH Industrial N.V. – London, November 17, 2020 CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces the appointment of
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Association Elects Directors, Officers
Matt Westendorf will lead the Association as its president in 2021. The officers and directors elected come from companies that represent a collective 334 years of membership in the Association.
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‘Help Me Help You’ Remember That Line?
We are creating new ways to be of value to the shortline industry and our members, and we are asking you to help define our direction. Please take five minutes to complete a membership survey.
Read moreAlamo Group Reports Record Net Sales
Alamo Group’s net sales for the quarter that ended Sept. 30 increased by 7.3 percent compared to the same quarter last year. Net sales in the agriculture division increased by 2 percent.
Read morePresident of Woods Equipment to Retire
Jerry Johnson will retire Dec. 31. Succeeding him will be Todd Hall.
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Fast Ag Solutions Returns to Family in Sale
An investment group has bought Fast Ag Solutions, its product lines, and its facilities. The company will be led by Cody Fast.
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How Did Candidates Influential to Ag Fare?
Fifteen-term incumbent Rep. Collin Peterson (D-Minn.) did not prevail in his race last week, which means the House Ag Committee will no longer be represented by someone hailing from one of the more agriculturally-focused districts in the country.
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In Other Election News for Ag …
Agriculture committees in both the the U.S. Senate and House are headed for change based on last week’s election results.
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Farmers’ Willingness to Invest in Capital Hits Record
Fewer farmers report a reluctance to spend on equipment and more report a likelihood that they will.
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Ag Economist Flinchbaugh Dies
A farmer once said to Flinchbaugh: “I do not agree with a damn thing you said, but the next time you are in town making a speech, I will be here.”
Read moreNet Sales See Big Bump in AGCO’s Q3
AGCO saw increased sales in high horsepower tractors, hay equipment, and precision planting products.
Read moreSales Rise by 9 Percent at Rocky Mountain
Total equipment inventory fell by 29.5 percent in the first nine months of 2020.
Read moreDealer News: Papé Buys Washington Tractor
Papé Machinery’s Agriculture and Turf division will now have 35 locations on the West Coast.
Read moreRocky Mountain Strikes Deal to Go Private
A numbered company controlled by chairman Matthew Campbell and CEO Garrett Ganden has agreed to buy shares they do not currently own.
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COVID Claims Commodity Classic
A virtual event is being planned for the first week in March.
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Hardi, Equipment Technologies to Consolidate
Hardi North America and Equipment Technologies (ET) have agreed that, in coming months, Hardi’s manufacturing operations will be consolidated with ET’s Apache AS and HS brands.
Read moreTrimble Reports Q3 Results
SUNNYVALE, Calif., Nov. 4, 2020 /PRNewswire/ — Trimble Inc. (NASDAQ: TRMB) today announced financial results for the third quarter of 2020. Third Quarter 2020
Read moreDealerNews: Cervus Equipment 3Q Results
CALGARY, Alberta (November 4, 2020) — Cervus Equipment Corporation (“Cervus” or the “Company”) (TSX: CERV) today announced its financial results and
Read moreAGCO Reports Third Quarter Results
AGCO has reported its results for the third quarter ended September 30, 2020. Net sales for the third quarter were approximately
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Ag Barometer Rises to Record High – Improving Financial Conditions
The Purdue University/CME Group Ag Economy Barometer rose 27 points to a reading of 183 in October and set an all-time high for
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Rocky Mountain Dealerships Move to Go Private
CALGARY, ALBERTA, November 2, 2020 — Rocky Mountain Dealerships Inc. (“RME” or the “Company”) (TSX: RME) and 2223890 Alberta Ltd.
Read moreRocky Mountain Dealerships Reports 3Q 2020 Results
OCTOBER, 30, 2020 CALGARY, Alberta–(BUSINESS WIRE)– Rocky Mountain Dealerships Inc. (TSX: RME, and hereinafter “RME”), Canada’s largest agriculture equipment dealer,
Read moreFarm Bureau Cancels San Diego Convention for Online Only Meeting
The American Farm Bureau Federation recently announced that its 102nd Annual Convention will be held online following the cancelation of all
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EMDA Elects Leadership
Newly elected officers and directors of the Equipment Marketing & Distribution Association (EMDA) for 2020-2021 are: Kent Zimmerman, John Day
Read moreHardi NA and Equipment Technologies Announce Manufacturing Agreement
Hardi North America and Equipment Technologies (ET) jointly announce a new cooperative agreement that will leverage the strength of both companies. In the
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COVID Claims Commodity Classic 2021 In-Person Event
In-Person 2021 Event Will Not Take Place Due to COVID-19 Restrictions ST. LOUIS, MO (October 30, 2020)— Commodity Classic has
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Alamo Group Announces 2020 Third Quarter Results
SEGUIN, Texas, Oct. 28, 2020 /PRNewswire/ — Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended
Read moreJudge Upholds Portion of Dealer Protection Law
The bill addresses tractor manufacturer contract issues that would create numerous challenges for dealers. It also enhances existing law in other areas, acccording to the Pioneer EDA.
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USDA Awards $7 Billion to Farmers in September
Since CFAP 2 enrollment began on September 21, FSA has approved more than 443,000 applications. The top five states for payments are Iowa, Nebraska, Minnesota, Illinois and Kansas.
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Rural Mainstreet Index Rises to Pre-Pandemic Level
Since falling to a record low in April, the Rural Mainstreet Index has increased for six straight months. The farm equipment sales index improved this month, too.
Read moreNebraska Ag Expo Is a ‘Go’
The Nebraska Ag Expo has the go-ahead from its local health department to host the event.
Read moreOmni USA Consolidates Its Brands
The change addresses the growing interdependence of the firm’s separate technologies to offer complete solutions for modern powertrains, the company said.
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Find ASABE Braking Webinars on YouTube
The webinars cover the requirements of the standard and explain the braking force needed for towed equipment.
Read moreASABE Publishes Standard On Distillers Dried Grains
The standard summarizes key data related to physical and chemical properties of one of the most widely produced feed commodities globally: distillers dried grains with solubles.
Read moreNucor Steel Builds in Kentucky
Nucor Corporation broke ground on a new steel plate manufacturing mill in Brandenburg Ky., last week.
Read moreEDA Elects Director, Vice Chair
Eric Mason of Mason Machinery will serve as director. Ross Morgan of H&R Agri-Powers will serve as vice chair.
Read moreCalifornia Workers Can Use Sick Days as Kin Care Days
California has revised a labor code to give employees the right to designate sick leave for caring for family and obtaining relief if victimized by violence, assault, or stalking.
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Borrowing Among Farmers Slows in Q3
Loans for operating expenses increased by 15 percent from last year but were less than the three preceding years.
Read moreCAT Announces Changes at the Top
Caterpillar has announced changes to its executive office.
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How to Build an Effective Lean Steering Committee
For a lean steering committee to succeed, leaders must pay careful attention to the composition of the team and clearly define the scope of the project. They also must reflect on the work and assure ongoing learning throughout the organization.
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Notice: Annual Business Meeting, Industry Speaker
Hear this former agriculture advisor to President Trump talk about what the shortline industry most needs to consider as we approach 2021.
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Farmers Feel Better About Ag Economy
The capital investment index, which reflects farmers’ willingness to make big purchases, rose to its highest reading in 2020.
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Ag Sales at Art’s Way See Double-Digit Gains in Q3
“In a year with much disruption and many challenges, we were encouraged to see several significant positive trends in the third quarter,” said Chairman of the Board Marc H. McConnell.
Read moreEditor, Publisher Kanicki Retires
In a farewell column, Kanicki wrote that in spite of the growth of Lessiter Media and the industry, there is still much to do to confront challenges in the farm equipment business.
Read moreFormer Mahindra Exec Joins Thunder Creek
Larry Lea succeeds Luke Van Wyk, who is now president and managing chair for C12 Central Iowa.
Read moreAGCO to Buy Boyd Assets, Launch Dealership
AgRevolution, which begins operation Jan. 1, is the result of a unique situation in Kentucky and southern Indiana, where Boyd is shifting its focus to heavy construction sales.
Read moreRaven Industries Names New Leaders
“We are reorganizing senior executives because our future is strong, and we believe we are at the start of a significant growth trajectory for our organization,” said CEO Dan Rykhus.
Read moreOrthman Donates Masks to Schools
Orthman Manufacturing in Lexington, Neb., donated more than 3,700 masks to schools in its community so every student and employee had their own.
Read moreDealer News
See news about sales in Texas and the western U.S.
Read moreManufacturers Add 66,000 Jobs in September
Roughly two-thirds of the returning manufacturing jobs were in durable goods, especially in the motor vehicles and parts sector and machinery. Each added about 14,000 jobs.
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