Alamo Group Reports Record 3Q

Alamo Group Inc., Seguin, TX, reported results for the third quarter ended September 30, 2013. Highlights for the Quarter: Record net income of $11.3 million; Record net sales of $174.7 million; North American Industrial Division up 16%; North American Agricultural Division up 13% and the European Division up 4%.

Read more

150-Years And 272 Words Later

One-hundred and fifty years ago this week President Abraham Lincoln spoke 272 words in his Gettysburg Address. That is how many words people from all over the world were asked to write in celebration of the anniversary of the Gettysburg Address, including Caterpillar Chairman and CEO Doug Oberhelman.

Read more


LIFO, LKE Could Be On The Chopping Block In Tax Reform Legislation

House and Senate tax committee members are finally putting pen to paper and drafting comprehensive reform legislation. Industry groups are getting nervous as lawmakers have warned that key parts of the Internal Revenue Code are on track for major changes or outright repeal.

Of particular concern to our dealer friends at NAEDA is the fact that “last in, first out” (LIFO) tax accounting method and like-kind exchanges (LKE) are apparently both in the crosshairs.

Read more

Senate Farm Bill Would Save $5.5 Billion More Than House Version

The Food and Agriculture Policy Research Institute (FAPRI) at the University of Missouri-Columbia has released a new report comparing the House and Senate farm bills.

The analysis examines possible policy changes, including the elimination of the direct payment and ACRE programs, common features of both bills, and the establishment of new programs intended to provide safety net coverage for growers in different regions and of different crops.

Read more

Dealer News Update

A mile wide, tornado packing 170 mph winds has devastated parts of Wayne, NE and left amidst the rubble, the remnants of Grossenburg Implement Inc., a company headquartered in Winner, SD.

“Our business was hit with an F-4 tornado. We had 22 employees in the building and they were watching it come,” said CEO Barry Grossenburg

Read more

How To Manage Social Media Interactions: When To Delete And When To Engage!

Effectively Managing negative social media interactions is key. You would be hard pressed to find a non-profit organization, business, or public official that doesn’t already have a social media presence, these days. The following scenario will be familiar to most, but addressing the topic of comment management is worthwhile for social media veterans and neophytes, alike.

Read more

Effect of New Regulations & Standards on Shortliners

The upcoming Indianapolis, Fall Convention, October 22-25, will feature a panel discussion on the effects of new regulations and standards on shortliner equipment. This important panel discussion will focus on two major issues, which will both impact much of the farm equipment your company manufactures in the decades to come.

– Federal Lighting & Marking Rules Mandated by Highway Funding . . .

– State Regulation via Implements of Husbandry Study . . Here’s more about our featured panel speakers. . .

Read more

Report: Farmland Values Leveling Off

According to a new report from the Rabobank Food & Agribusiness (FAR) Research and Advisory group, the era of extremely low interest rates and extraordinarily high commodity prices is drawing to a close. As this trend nears an end, the prices of U.S. land values will level.

“We’ll likely see lower commodity prices this year, but they aren’t going to be low enough long enough to substantially impact land values over the coming year or so,

Read more