Titan Acquires Jaycox
Titan Machinery Chairman and CEO David Meyer said the acquisition “is a perfect complement to our existing footprint in the heart of this highly productive region.”
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Brandt Buys Cervus, Creates Mega-Dealer
With the acquisition of the Cervus locations in Canada, Australia and New Zealand, Brandt now owns and operates 120 full-service equipment dealerships.
Read moreAlamo Acquires Timberwolf
Timberwolf manufactures commercial wood chippers primarily serving markets in the U.K. and the European Union.
Read moreGreat Plains Promotes Shurts to VP
Shurts joined Great Plains in 2020. Prior to his time at Great Plains, he worked as the COO at Tribine Harvester, and the director of operations for AGCO.
Read morePlatinum Equity Buys Oregon Tool
Oregon Tool CEO Paul Tonnesen said “Platinum’s investment and operational expertise can help accelerate our growth and innovation …”
Read moreAGCO’s Q3 Shows Biggest Gains in South America
Broken down by region, AGCO reported a 36.6 percent increase in sales in South America and an 8.5 percent increase in North America for the quarter.
Read moreCNH Expects Disruptions to Ease in 2022
The company said supply chain disruptions contributed to a $700 million cash burn in the third quarter.
Read moreWebinar News: Join Sessions on Supply Chain, Safety, Marketing
The Association, in partnership with member companies, invites you to join these webinars focused on industry issues.
Read moreMembers Gather in OKC
The convention drew a lighter crowd than fall conventions before the pandemic but showed significant gains from the 2021 Supply Summit in Kansas City.
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UAW Members to Vote on Third Deere Contract Offer
Union members will vote on the contract Wednesday. The latest agreement is Deere’s “last, best and final offer,” a UAW spokesperson said.
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Steel Companies See Hot Market Extending to 2022
The extended boom in the $180 billion U.S. steel industry that began last year following pandemic-related shutdowns of mills is giving steelmakers more time to bring new plants into service and renew customer contracts at higher prices, executives said.
Read moreAGI’s Backlog Triples on Farm Equipment Orders
Farm segment trade sales grew 11 percent. Farm backlog is up 202 percent over prior year as of Sept. 30.
Read moreTractor/Combine Sales
Combine sales in the U.S. and Canada in October recorded 73 percent and 44 percent gains, respectively, compared to October 2020.
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Fear of Cost-Prize Squeeze Weakens Farmers’ Moods
Rising input costs are on most producers’ minds.
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Alamo Group Announces 2021 Third Quarter Results
Ag Division net sales increase 25% in Q3.
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President’s Column: Time, Effort Today Lead to Big Gains
Time is in short supply, which calls on you to use it wisely. Start by tapping into resources available through your membership.
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Art’s Way Reports 27 Percent Sales Increase in Q3
The company saw a 71 percent increase in grinder mixer sales, a 60 percent increase in beet equipment sales, and a 13 percent rise in manure spreader sales for the year to date.
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Fall Convention: Big Enough to Create Buzz, Do Business
“We see a dip in attendance among our Canadian members, which we understand, but of course their presence will be missed,” Executive Vice President Vernon Schmidt said.
Read moreChip Shortage Forces Plant Closures at CNH
The shutdowns in Europe will not exceed eight days and will conclude by month’s end.
Read moreTractor/Combine Sales
Sales of combines in the U.S. and Canada posted 35 percent and 24 percent gains, respectively, compared to September 2020.
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Kubota to Buy AgJunction
The AgJunction board said the sale “represents the best alternative available for AgJunction to create substantial value for our respective stakeholders …”
Read moreTrouble Begets Trouble: Port Jams Claim Capacity
An analysis shows that the amount of additional capacity required to meet demand is being outstripped by the amount of capacity being held up out of service as it awaits berthing slots.
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Negotiations Continue Between Deere, Union
The terms of the rejected deal included raises of 5 to 6 percent this year, based on job duties; 3 percent raises in 2023 and 2025; and lump-sum bonuses in three other years.
Read moreLeadership Transitions at Case IH
Brad Crews is now president of the North American region for CNH Industrial, which created a domino effect of other promotions.
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LTL and TL Forecast to Go Higher
Although they’re moving less weight in each parcel, the carriers have hiked their rates to cope with other factors such as labor shortages and capacity restraints.
Read moreBiodiesel Gains Market Share, Drives Up Demand for Soy
As bidding gets more aggressive on soybean oil, crushers accelerate production. Before last week’s crop production report, soybean prices hit a 10-year high.
Read moreCorn, Soybean Harvests Ahead of Schedule
The U.S. corn and soybean harvests have passed the halfway mark.
Read moreDeere Workers On Strike
Some 10,000 unionized workers at Deere & Company went on strike early Thursday after overwhelmingly rejecting a contract proposal worked out
Read moreCNH Industrial announces temporary plant shutdowns in Europe
13-OCT-2021 | London CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that it will temporarily close several of
Read moreArt’s-Way Results for Q3
Art’s-Way Manufacturing Announces Second Straight Profitable Quarter And $1.8 Million Improvement In Operating Income For The First Nine Months Of
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Case Counts, National Event Research, Suggest Low-Risk, Ordinary Meeting
Research concludes that “you are dramatically less likely to contract COVID-19 at a business event than by simply performing day-to-day activities such as grocery shopping.”
Read moreSpeaker Will Explore Cyber Risk, Member Resource
Josh Linton from Enquiron will join the Association for a breakout session in Oklahoma City to discuss cyber risks and a new, no-cost cyber resource for members.
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Machinery Purchase Plans Affected by Low Inventories
Fewer farmers this month said they planned to increase their machinery purchases than on the August survey. More than half say their farm machinery purchase plans have been impacted by low inventories.
Read moreAssociate Member Sections to Elect Leaders in OKC
The marketing section will hold its traditional fall meeting to elect leadership. The supplier section, which typically elects new board members at Supply Summit, also will elect leaders.
Read moreHere’s to 70 Years! And Five, and 45, and 15 …
Worksaver is celebrating its 70th anniversary as an Association member. Executives there have long optimized their membership through participation.
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Member Resource: Webinars
Get information on researching ERPs, the potential of Manufacturing Extension Partnerships, succession planning, and more.
Read moreTrial Production Begins at New BKT Plant
When the plant begins to operate at capacity, it will employ 500 people and manufacture medium- and small-diameter tires for agricultural and industrial machines.
Read morePower Shortage in China Threatens Food Prices
Among the areas worst hit by the severe energy shortage are northeastern provinces where about half of China’s corn and soybeans are grown.
Read moreSupply Chain: Logjams Intensify on East Coast
“We have seen this transition from just-in-time in supply chains to just-in-case, and that is significantly changing our environment,” said Griff Lynch with Georgia Ports Authority.
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Deere, UAW Reach Tentative Agreement
The current contract expired Friday morning, but a contract extension was approved in the overnight hours so work could continue as negotiations did.
Read moreKubota Expands Operations in U.S. West
“Elk Grove allows us to remain close to our existing employee base while we expand our operations to better serve our dealer network,” said Western Division Manager Kyle Hagen.
Read moreClaas Names New SVP of Americas
Raby joined Claas of America in 2015 and has been president of sales. He now has assumed leadership of Claas sales companies in Brazil and Argentina as well as importer markets throughout Latin America.
Read moreKubota Seeks to Expand in India
This is part of Kubota’s strategy to double down on the growth potential of the tractor market in India.
Read moreEPA Document Suggests Big Hit to Ethanol Demand
U.S. Rep. Randy Feenstra (R-Iowa) denounced the proposal and said on Twitter he would “fight this tooth-and-nail.”
Read moreEverything Attachments Plans Expansion
The company will build a 105,000-square-foot facility to expand production capacity and reduce delivery time. It envisions a similar facility in three to five years.
Read moreSalford Group Names New Sales Manager
Tom Rodgers brings 28 years of experience in the agriculture industry. He also is a fourth-generation landowner in Pike County, Ill., and has a history of service in ag-related organizations.
Read moreAGCO Buys Livestock Tech Company
The newly acquired company is the creator of ChickenBoy, the world’s first ceiling-suspended robot that monitors broiler chickens.
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Member Company Exec Shares Account of Ida’s Impact
The sugar cane crop took a hit from Hurricane Ida, as did the infrastructure that exports U.S. crops. Mark Naquin with member company M.J. Naquin describes the area after the storm.
Read moreBottlenecks in U.S. Ports Worsen Over Weekend
The amount of time spent in port has grown basically twice as much as the amount of cargo shipped in the world.
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Wave of Shipper Consolidations Contributes to Supply Chain Stress
Businesses are paying at least four times more to move their products than they were last year and face longer delivery times. Contributing to the problem is that the top six container operators control more than 70 percent of all container capacity.
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