Got (Whole) Milk?
A House committee approved a bill that would allow cafeterias to serve full-fat and 2% milk.
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News
Egg Prices Normalizing
Retail egg prices are on track to return to historic averages in the coming months, supermarket executives said, after the deadliest avian influenza outbreak in U.S. history helped push prices above $4 a dozen in January.
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King Kutter Celebrates 45 Years
Congratulations to member company, King Kutter, Inc. who recently celebrated 45 years, as a family-owned business, with fellow team members.
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Farmer Sentiment Sours as Crop Prices Decline
Producer sentiment fell to its weakest reading since July 2022, as the Purdue University-CME Group Ag Economy Barometer Index declined 19 points to a reading of 104 in May.
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S3 Group Appoints COO in Preparation for Alberta Expansion
After seven years as the GM of S3 Air Systems and S3 Manufacturing, Al Marques was promoted to Chief Operating Officer as S3 Group prepares to open its sixth North American manufacturing facility in Medicine Hat, Alberta.
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CNH Names New Chief Technology Officer
CNH Industrial announced the appointment of Friedrich Eichler as Chief Technology Officer.
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Deere Announces Senior Leadership Changes
Deere & Company recently announced that its Board of Directors elected Jahmy Hindman senior vice president in addition to his current position as chief technology officer, which he has held since 2020.
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Debt Ceiling Agreement is Critical to Ag Market
The recently passed debt ceiling agreement is important for the entire agricultural industry to avoid a default of the government and possible shutdown of essential services.
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Global Containers Slump to 14-Year Low
Stagnating trade and a ballooning surplus of shipping containers has led to a collapse in newbuild container output, which is forecasted to slump to its lowest level in 14 years.
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NAEDA Announces Leadership
The North American Equipment Dealers Association (NAEDA) is pleased to announce the newly elected and re-elected directors for the Deep Southern, Canada, Far West and Iowa-Nebraska Regions.
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Steel Production
Steel production in net tons as of May 29, 2023.
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Beef Prices Nearing Record Levels
Hamburgers and steaks, already near record-level prices, are set to get more expensive. The culprit is a rapidly shrinking supply of cattle.
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ASABE Revises Ag Cab Standard
The ASABE has revised the terminology and overview document in its series of standards for agricultural cab air quality.
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National Drought Summary for May 30
The U.S. Drought Monitor (USDM) is a map released every Thursday, showing where drought is and how bad it is across the U.S. and its territories.
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US Manufacturers Seek Alternatives from China as Tensions Rise
Fears of military conflict and increasing security worries have some U.S. manufacturers re-evaluating their reliance on China.
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Three Ways to Protect Your Business Against Weather and Inflation
You’ve invested time and money into your business. While you can’t prevent severe weather and inflation, you can act now to manage your safety, insurance needs, and communication plans to better help protect your business.
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Cybersecurity: The Importance of Two-Factor Authentication
In light of the growing number of cyberattacks, many companies are turning to two-factor authentication to enhance their cyber security.
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Farm Grants Available for Females
Statistics have proven that female farmers are under-represented in the agricultural field lately. The USDA has recognized this discrepancy and offers many farm grants for women to help level the playing field.
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Supreme Court Limits Federal Water Regulations
Farmers and property owners received a major win when the Supreme Court significantly reduced the scope of the Clean Water Act.
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GBGI to Open Facility for Precision Ag Products
Ag equipment manufacturer GBGI, Chardon, Ohio, announced the building of a new facility focused exclusively on precision agriculture.
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Crop Progress: USDA Reports Planting Pace – Slower Than Expected
The latest crop progress data from the USDA showed both corn and soybean plantings moving slower than analysts anticipated.
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Supreme Court Upholds CA Law on Humane Treatment of Pigs
The Supreme Court recently rejected a challenge to a California animal welfare law that would ban the sale of pork derived from breeding pigs housed in confined spaces.
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Succession Planning: No Cost Member Benefit
The Association has formed a partnership with Pinion Global to offer members no-cost, confidential, 60-minute consultations on succession planning and mergers and acquisitions.
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Building a Strategy to Safely Manage Supply Chain Risks
Building construction insurance programs that include contingencies for supply chain disruptions and related risks can help protect contractors and others, they say.
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AGCO and Kubota Sign Right to Repair
The American Farm Bureau Federation signed two more memorandums of understanding (MOUs) with two agricultural equipment manufacturers, AGCO and Kubota.
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Work Accidents Rise to 25 Year High as Americans Test Positive for Marijuana
American workers are testing positive for marijuana following on-the-job accidents at the highest level in 25 years, according to a newly released report.
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Biofuel Producers Eligible for Valuable Tax Credits
The yet-to-be-realized provision in the Inflation Reduction Act could be the key for farmers to engage in measuring the carbon intensity (CI) of their grain.
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Drought Stricken Kansas Farmer Eyes Reptiles for Rain Forecast
When it comes to predicting rain, a drought stricken Kansas farmer has developed a theory, with the help of some local turtles and snakes.
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Ukrainian Black Sea Grain Deal Extended Two Months
On May 18, the Black Sea Grain Initiative signed on July 22, 2022 in Istanbul between Ukraine, Turkey, and the United Nations (UN), was extended until July 18, 2023.
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Steel Production
Steel production in net tons as of May 8, 2023.
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Deere Reports Second Quarter Earnings
Deere & Company reported net income of $2.860 billion for the second quarter ended April 30, 2023
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Mainstreet Index Above Growth Neutral – Highest Since May 2022
After declining below growth neutral for March, the overall Rural Mainstreet Index expanded above the threshold for a second straight month.
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Buhler Reports Q1 Earnings
Buhler Industries has reported its revenue for the first quarter of 2023 was $41.6 million, up $0.6 million from the prior year.
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Vermeer Opens Global Parts Distribution Center
Vermeer announces the opening of a 312,000-ft2 state-of-the-art Global Parts Distribution Center in Pella, IA.
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Kelly Tillage to Build Manufacturing Facility in Missouri
Kelly Tillage, an Australian agricultural machinery manufacturer, announced today it will build a new assembly facility in Rogersville, investing $2 million and creating 22 new jobs.
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Supreme Court Backs California Law on Humane Treatment of Pigs
The Supreme Court on Thursday rejected a challenge to a California animal welfare law that would ban the sale of pork derived from breeding pigs housed in confined spaces.
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Shortline Manufacturers Score Well in Annual Dealer Survey
The North American Equipment Dealers Association (NAEDA) has released its Dealer-Manufacturer Relations Report for 2023.
Read moreIn Memoriam: Becky Price
Rebecca Hesser “Becky” Price, 77, passed away unexpectedly Saturday, May 6, 2023.
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Ag Leaders Lobby to Strengthen Farm Bill Crop Insurance
Farm and commodity trade association leaders lobbied for updating commodity programs and strengthening crop insurance programs at a Tuesday hearing of the U.S. Senate Agriculture, Nutrition, and Forestry committee.
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Demand for New Factories Drives Growth in Construction Spending
Manufacturers of construction equipment, trucks, building supplies and industrial software are still ringing up sales, despite slowdowns in other parts of the U.S. economy.
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Edney Distributing CEO Transitions to Board Chair
Member company, Edney Distributing Company, Inc. that Doug Edney has transitioned from his role as CEO to Board Chair.
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Age, Experience Matter in Cost of Workplace Injuries
Employees in their first year on a job account for 34% of workers’ compensation claims, resulting in 7 million missed workdays.
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The EU Backs Plan to Forcibly Shut Down Thousands of Farms
The European Commission approved two Dutch plans worth a combined 1.47 billion euros ($1.61 billion) to buy out livestock farmers to reduce nitrogen pollution.
Read moreDealer News: 4Rivers to Merge with 21st Century
4Rivers Equipment’s ag division is slated to merge with 21st Century Equipment on June 12.
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Could Cover Crops Have Prevented Deadly Illinois Dust Storm?
At least seven people were killed in a massive crash involving over 70 cars along a 2-mile stretch on Interstate 55 in central Illinois on May 1. The crash was caused by excessive winds blowing dirt from recently tilled farm fields, which lead to zero visibility
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Alamo Reports Record Q1 Earnings
For the first quarter ended March 31, 2023, Alamo Group Inc. reported record net sales of $411.8 million.
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CNH Reports Record Earnings from Q1
CNH Industrial reported first quarter consolidated revenues of $5,342 million (up 15% compared to Q1 2022) Net income of $486
Read moreCase IH & AGuru Machinery Announce Partnership
CNH Industrial, parent company to Case IH has entered into an agreement with AGuru Machinery, a strip-till company based in Congerville, IL.
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CEO of Edney Distributing Transitions to Board Chair
Edney Distributing Company has announced that Doug Edney has transitioned from his role as CEO to Board Chair.
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Rural Mainstreet Index Moves Higher in April
After declining below growth neural for March, the overall Rural Mainstreet Index expanded above the threshold for the month.
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