JBS Paid $11 Million Ransom in Cyberattack
JBS reports that the hackers do not appear to have gotten away with company, customer or employee data. The White House has linked Russia to the episode.
Read more
News
Stellar Industries Buys MD Products and Solutions
Employee-owned Stellar Industries has acquired MD Products and Solutions, which makes ag and utility trailer products.
Read moreRaven Enters Agreement with AGCO, Others
Raven’s Dominic Walkes said the “expertise of each organization will undoubtedly provide industry changing solutions for some of agriculture’s greatest challenges.”
Read moreVaderstad Acquires AGCO-AMITY JV
The acquisition offers the Väderstad Group access to distribution outlets in the U.S., as well as a U.S. manufacturing facility and the “benefit from the heritage and strong reputation of the Wil-Rich, Wishek and Concord brands.”
Read moreDeere Sees Upswing in Sales of Larger Models
The sale of farm and turf equipment climbed 8 percent in the second quarter, Deere said, and the company expects sales for the year to climb by up to 15 percent.
Read moreNew Alamo CEO Joins Company’s Board
Jeffery Leonard succeeded Ron Robinson on Monday and was appointed to the board of directors on the same day.
Read moreRecommend a Member Exec for Board of Directors
Nominees should serve in leadership positions in their companies and have a history of engagement in Association work and the farm equipment industry.
Read moreIn Memoriam: Ward McConnell
The elder McConnell’s tenure at Art’s Way is a single chapter in a career narrative like no other.
Read more
U.S. Initiates Trade Dispute Against Canadian Dairy
The U.S. alleges that Canada is not upholding the terms of USMCA and using a system to set aside a s hare of the dairy market exclusively for Canadian processors.
Read moreAg Revenue Up Nearly 19 Percent at Titan Machinery
The agriculture segment generated pre-tax income growth of 82 percent during the three months that ended April 30.
Read moreDealers Plan Construction, Expansions
Dealers in Louisiana, Montana, Pennsylvania and Kentucky are expanding their footprints in the equipment industry.
Read moreJudge Rules Against Bayer
The company stands by the safety of glyphosate and is committed to keeping it available for farmers.
Read more
Build Your Workforce, Connect with Gen Z
When organizations create an atmosphere where people love to work, it’s a gamechanger.
Read moreCLAAS Begins Operations at ‘Future Factory’
The company characterizes the investment as a “complete renewal of assembly equipment and digital transformation of the plant” and a “rethink of many complex processes.”
Read more
Väderstad acquires US-based AGCO-AMITY JV LL
Väderstad acquires US-based AGCO-AMITY JV LLC. Väderstad AB, one of the world’s leading companies in tillage, seeding and planting has
Read moreMainstreet Index Soars to Record High
About 61 percent of bank CEOs reported that their local economy expanded between April and May.
Read more
Need Help Getting Workers? Use This Tax Credit.
Some larger employers have been offering hiring bonuses. But can small businesses afford the same? Thanks to a little-known federal tax program, the answer could be yes.
Read more
‘No Company Safe’ from Cybercrime, Sentry Offers Help
“Cybersecurity will be the issue of this decade in terms of how much worse it is going to get,” according to the CEO of IBM. Association partner Sentry has a resource to help.
Read moreTitan Expects Hot Market to Continue
CEO Paul Reitz said he expects upward trends in the agricultural sector to continue, “ and in some cases even improve throughout 2021 into 2022.”
Read moreValmont to Acquire Prospera
The announcement said the transaction will create the largest global, vertically-integrated AI company in agriculture.
Read moreFormer Deere Exec Joins Sukup
John Teeple’s professional experience includes more than 23 years at John Deere in leadership positions.
Read more
Linamar Boasts Strong Q1, Credits MacDon
CEO Linda Hasenfratz forecasts double-digit growth for MacDon this year and continued growth in 2022.
Read moreBlount Rebrands as Oregon Tool
The company unveiled a new corporate name that it says positions it for growth and honors its heritage.
Read moreNet Sales in Ag Rise 17.5 Percent at Alamo
In spite of what CEO Ron Robinson characterized as “interesting times” resulting from pandemic business disruptions, he said the company is “rebounding nicely.”
Read moreBuhler Reports Quarterly, Six-Month Earnings
The company continues to project sales growth this year. Sales backlog remains high as Buhler works through supply chain challenges.
Read moreLawmakers Seek to Protect Family Businesses from Tax
“I think we were pleasantly surprised to see the language exempting farms and family-owned businesses, and that’s a good thing,” KCoe’s Brian Kuehl said.
Read more
U.S. Forecasts Highest Prices for Crops in Years
The USDA estimates the corn crop will sell for a season-average $5.70 a bushel, soybeans for $13.85, and wheat for $6.50. Those would be the highest farm gate prices since 2013 for corn and soybeans and the highest since 2014 for wheat.
Read more
What’s Behind the Labor Crunch?
Is it enhanced unemployment benefits, border issues, wages? One agricultural economist asks if it is even correct to call it a labor “shortage.”
Read moreCNH Rides Industry Wave of Strong Ag Sales
For the March-ending quarter, net sales in agricultural equipment climbed 35.4 percent.
Read moreWelcome, and Happy Anniversary
These members have recently joined the Association or are celebrating milestone membership anniversaries.
Read moreVirus, Weather Lead to Resin Shortage
Farmers could see higher prices and possible shortages of plastic agricultural products.
Read more
Tractor/Combine Sales
Data from April confirms the earnings reports from manufacturers and dealers: Farm equipment sales are strong.
Read more
Answers to Legal Questions in the Evolving COVID Workplace
The EEOC has adopted the de minimis test to guide decision-making on legal incentives to encourage employees to get vaccinated. Employers may consider paid time off, entry to a raffle for a bigger-ticket item, or a smaller direct financial incentive.
Read moreAlamo, New Holland Form Partnership
The companies said that the ability to finance together through CNH Industrial Capital simplifies New Holland customers’ purchase process.
Read moreValmont: Double-Digit Sales Increases, Record Backlog
In its second quarter outlook, Valmont expects net sales to increase by 17 to 20 percent compared to last year.
Read moreValmont Equipment Buys PivoTrac
Valley Irrigation, which is part of member company Valmont Industries, has acquired PivoTrac, an ag tech company based in the Texas panhandle.
Read more
Recommend a Member Executive for Director’s Seat
The Association is accepting recommendations for executives from regular member companies to stand for election in Oklahoma City in November.
Read moreAGCO Reports Strong First Quarter
Increased sales of tractors, parts, grain and protein equipment, and precision planting products generated most of the increase.
Read moreSave the Dates: Expect to Reconnect at Conventions
We fully intend to be together in Oklahoma City in November and for every convention thereafter. Please join us.
Read moreTractor Supply Reports Big First Quarter
The company’s e-commerce sales experienced triple-digit percentage growth for the fourth consecutive quarter.
Read more
Farm Financial Performance Index Hits Record High
Farmers expect a strong bottom line this year in spite of rising input costs. The data shows a greater willingness to buy equipment and attend in-person events.
Read moreIn Memoriam: Mary Kay Bruce
Mary Kay was the wife of Doug Bruce and mother to Heather Bruce, who represent the fourth and fifth generations of leadership at Osmundson Manufacturing.
Read moreAlamo, New Holland Form Partnership
The Agricultural Division of Alamo Group and New Holland Agriculture have formed a partnership that offers New Holland customers the opportunity to finance a tractor in the same transaction as their Bush Hog, Rhino, or Schulte-branded attachment.
Read more
Democrats Tie Infrastructure to Union Path
Supporters say it would ensure jobs created by the infrastructure proposal are higher-paying. Opponents say the legislation would impose sweeping changes to labor laws that have little to do with the president’s spending plan and amount to a giveaway to unions.
Read more
Rubber: The New Toilet Paper in an Era of Shortages
“I’ve got everybody alerted that I’ll take materials as fast as they can get it to me,” said Gary Busch, director of global procurement at Carlstar Group, which makes tires for agriculture and off-road vehicles.
Read moreScott Moss Elected Supplier Section Chair
Scott Moss, business development manager for OE at Gates Corp., was unanimously elected to a one-year term as chairman of the board.
Read more
Most States to Offer Businesses COVID Protection
Fifteen states have adopted laws that provide businesses civil liability protection from COVID-19 claims. Another 23 states have similar pending legislation. Several states are considering vaccine-related laws.
Read moreTractor/Combine Sales
Percentage increases in tractor sales in the U.S. and Canada are in the high double-digits, even climbing into triple digits in one category.
Read moreHaven Steel Buys CSI
Member company Haven Steel Products, Inc., is the new owner of Cutting Specialists, Inc., also an Association member.
Read moreRaven Buys Intellectual Property from Jaybridge
“Having this technology will allow us to accelerate the development of vehicle automation for agriculture equipment applications,” said Raven executive Jared Kocer.
Read more