Titan International, Inc. responds to Trump’s suggested Goodyear boycott
QUINCY, Ill., Aug. 19, 2020 /PRNewswire/ — Titan International, Inc. (NYSE: TWI), manufacturer of Titan Tires, Titan Wheels and Goodyear® Farm Tires, is responding
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Association Explores Convention Questions
The Board of Directors meets virtually next week to discuss the convention.
Read moreFarm Bureau Lobbies Congress on PPP Tax Issue
The IRS in April issued guidance stating that expenses are not deductible if their payment results in a PPP loan being forgiven. The guidance has been criticized by some key lawmakers on both sides of the aisle, who argue it goes against congressional intent.
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U.S. to Reimpose Aluminum Tariffs in Canada
The White House said certain types of aluminum were surging into the U.S. and depressing the industry. The administration argued that a depressed U.S. aluminum industry threatens national security and imposed a 10-percent tariff.
Read moreGreat Plains Expands in Kansas
The new plant will focus on production of a Kubota compact track loader that’s built in Japan today.
Read moreAGCO Honors Alliance Tire
AGCO recognized Alliance for performance in cost, collaboration, innovation, account management, coordination and flexibility.
Read moreBuhler to Increase U.S. Production
News in the U.S. was good. The company experienced a 37 percent increase in sales for the first nine months of this year. It plans to expand operations in Willmar and cease production in Fargo.
Read moreAlamo Group Sees Dip in Income in Q2
The company reported that agriculture has fared better than industrial so far this year, and North American operations have been less affected by the pandemic than European.
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Nominate New Products for Innovation Award
Panelists are seeking entries that exemplify innovation and represent significant engineering advancement and impact on their markets.
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Waiting for COVID Test Results?
Member companies have turned to testing services that sell home tests and promise results within 72 hours of receiving a sample.
Read moreDeere Reductions Continue
The decision came immediately after a second round of buyouts for salaried employees concluded. The company cites its smart industrial redesign as driving the changes.
Read moreAGCO’s Net Sales Flat in North America
Increased sales of hay equipment, precision planting equipment and high horsepower tractors were mostly offset by lower sprayer and grain and protein sales.
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Iowa Receives Disaster Declaration After Derecho
The state estimates that hundreds of millions of bushels of commercial grain storage and tens of millions of bushels of on-farm grain storage were lost in the storm.
Read moreRocky Mountain Sees Results with Focus on Used Machines
The dealerships reported a 9.9 percent increase in sales compared to the same quarter last year, largely due to higher sales of used equipment.
Read moreSunbelt Ag Expo Calls It Off
The expo plans to return for its 2021 show and encourages those who would have attended this year to participate through social media.
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Farmer Bankruptcies Rise
About 580 farmers filed for bankruptcy protection during the 12 months ending in June 30. That was 8 percent more than the previous year.
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Matt Rice Joins Association as Membership Director
His work on behalf of the residents of Congressman John Shimkus’s district has given him a unique understanding of the farm equipment industry, agriculture, and the rural Midwest.
Read moreAlamo Group Sees Dip in Income in Q2
Net sales in the Agricultural Division were down for the second quarter and first half of the year. The division’s income from operations as a result of cost control and a favorable product mix.
Read moreFDA Reiterates Warning About Dangerous Alcohol-Based Hand Sanitizers Containing Methanol
FDA NEWS RELEASE Coronavirus (COVID-19) Update: FDA Reiterates Warning About Dangerous Alcohol-Based Hand Sanitizers Containing Methanol, Takes Additional Action to Address Concerning Products Agency Urges
Read moreCNH Reports 2Q Results
Net Ag sales down 18% for Quarter Agriculture’s net sales totaled $2.5 billion in the second quarter of 2020, down
Read moreBill Would Reduce, Extend Unemployment Benefit
The plan would expand a worker-retention tax credit created in March, make $190 million available to small businesses through the Paycheck Protection Program, and send a second round of stimulus checks.
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China Buys Big on Corn, Soybeans
An economist says it is encouraging that despite ongoing political tensions, China has remained an active buyer of U.S. soybeans. With Brazilian supplies running out, China will have to keep coming to the U.S.
Read moreAug 14 Deadline to Save on Marketing & Distribution Convention
This year, the Association has introduced no-risk registration by offering complete refunds until Oct. 26. The hotel requires 72-hour notice.
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Notice: Association Annual Business Meeting
The Association is reviewing bylaws related to the meeting as part of developing contingency plans if the Association or the hotel decide the convention cannot be held in a fashion that is safe and meets attendees expectations.
Read moreCNHi Named in Emissions Fraud Investigation
CNH Industrial confirmed that a number of its offices in Europe have been visited by investigators after a request by German magistrates and that it was cooperating fully with authorities.
Read moreFarm Progress Launches Virtual Show
“We’re going to have what may be the most extensive field demonstration program we’ve ever conducted with corn harvest, tillage, hay and cattle equipment,” says Matt Jungmann, events manager, Farm Progress.
Read moreDangerous Delivery: Seed Packets from China
People in at least seven states have reported receiving packets of seeds in the past few days that are believed to be invasive species from China. If planted, the seeds pose a risk to crops and livestock.
Read moreCOVID-19 May Cost Ethanol Industry $10 Billion
“At one point in late April, more than half of the ethanol industry’s production capacity was shut down,” said RFA CEO Geoff Cooper. “The idling of dozens of ethanol plants reverberated throughout rural America and sent ripple impacts across the farm economy.”
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Hog Farmers Take Big Financial Hit in Pandemic
Hog farmers are seeking congressional action to keep the industry afloat amid the “largest economic hit” it has seen in 30 years.
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Magazine Arrives Soon
Read the remarkable story of Bushel Plus in the next issue of the Association magazine. The young company found its way forward while its founder endured a nine-month recovery from a car accident an entire continent away.
Read moreBig Exhibitors Pull Out of Big Iron Farm Show
Deere, Case and New Holland have save said they will not exhibit at the show in West Fargo, N.D.
Read moreFarm Progress Launches Virtual Event
Farm Progress announces virtual event that promises “the most extensive field demonstration program we’ve ever conducted …”
Read moreRural Mainstreet Index Rises in July
The farm equipment sales index, while still weak, also made gains.
Read more40th anniversary of the Big Iron Farm Show to be held September 15 – 17
WEST FARGO – The Red River Valley Fair Association and Big Iron Farm Show Committee announced today that the 40th anniversary
Read moreFarm Science Review – forced to virtual only show in 2020
Ohio State University’s Farm Science Review, scheduled for Sept. 22 to Sept. 24, will not be held in-person. Virtual only show planned.
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Meet the Speakers
The Association has put together a speaker lineup that we hope will give attendees a bit of a firmer grasp on navigating business post-COVID-19.
Read moreAg Sales Decline at Art’s Way
Other factors that prevented greater gains in the bottom included implementing an OEM product line and rewarding employees for their service during the pandemic.
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Three Farm Belt States Get Quarter of Relief Money
Iowa, Nebraska and Wisconsin have collected one-fourth of USDA’s corona-virus relief payments. California has the largest average payment.
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Legal Challenge of Steel Tariffs Fails
The Supreme Court declined to take up a case challenging 25 percent tariffs on imported steel products. They will remain in effect.
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Manufacturers Received $54 Billion in PPP Funds
More than 229,000 manufacturing companies received loans, which represented 10.36 percent of the total distributed as of June 30.
Read moreProgram to Help Farmers, the Hungry Gets Rocky Start
As of July 1, about 63 percent of the targeted $1.2 billion in food boxes had been delivered.
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June Ag Economy Barometer
Purdue ag economist James Mintert reviews the results from the June 2020 Ag Economy Barometer survey, a nationwide monthly survey
Read moreYRC Gets $700 Million Federal Loan
The US Treasury is giving a $700 million loan to YRC Worldwide, a troubled trucking company that warned in May it was in danger of going out of business.
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Sales Folks Are Traveling, Liability Questions Arise
Members who responded to an informal poll about getting their sales team back on the road seemed to focus on July as a potentially significant step toward normal.
Read moreFarm Shows 2020: What’s On, What’s Off, What’s Virtual
The situation is fluid, to say the least, but 11 farm shows plan to host in-person events from September through December.
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In Memoriam: Duane Solem
Solem was president of the Association from 1978 to 1979.
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Farmers Can Use Dicamba, Bayer Settles on Glyphosate
A federal court had upheld EPA’s decision to allow dicamba’s use through July 31.
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U.S. Soybean Prices Rise as China Accelerates Imports
Chinese buying made up roughly 56 percent of all new soybean export sales in the past month. By comparison, Chinese buying made up only 27 percent of U.S. soybean export sales in 2020 through May.
Read moreFarm Progress & Husker Harvest Days Now a ‘NO GO’ Changing conditions cancels shows
ST. CHARLES, ILL. (June 29, 2020) — For more than 65 years, farmers have turned to the Farm Progress Show and
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In These ‘Unprecedented Times,’ Membership Matters
Join a conversation about how member companies are approaching getting their sales forces back on the road.
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