Deere Announces More Layoffs in Illinois and Iowa
Illinois-based Deere & Co. recently announced more job cuts at three Midwest production facilities due to softening demand for tractors and combines.
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New Member Profile: THG Automation
In 2020, THG Automation was founded in Indiana and rapidly gained acclaim for its groundbreaking collaborative robotic welding solutions tailored to the fabrication industry
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Farmer Sentiment Lowers Amidst Weaker Future Expectations
Farmer sentiment drifted lower in June as the Purdue University-CME Group Ag Economy Barometer reading of 105 was three points lower than a month earlier.
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Webinar Invite: Driving Your Business Forward
What does the future hold for your business? In today’s rapidly evolving marketplace, everyone is curious about where things are headed. This July, join our Pinion advisors for webinars that explore the latest wave of changes and industry trends that could redefine your business strategy. Stay informed and learn how to prepare for the changes ahead.
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Farm Bill Could Block Roundup Lawsuits
The 1,000-page House version of the (Farm Bill) contains a single section that could halt some lawsuits against Roundup, according to documents viewed by The Washington Post.
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Farmers Want Climate-Smart Ag Protection in Farm Bill
A new Farm Journal poll conducted on behalf of Invest in Our Land across 10 leading agricultural states shows that American farmers and ranchers overwhelmingly believe conservation funding has an important role to play in building their operations’ resilience to increasingly extreme weather and addressing the effects of climate change.
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Rural Mainstreet Economy Faces Tenth Month of Decline
For a 10th straight month, the overall Rural Mainstreet Index (RMI) sank below growth neutral, according to the June survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.
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2024 Election’s Impact on Farm Bill Policy
With the 2024 election approaching, farm policy is a key discussion topic. This year is significant for farm policy due to the farm bill extension passed in 2023. As the presidential election nears, understanding proposed farm policies is crucial for rural landowners.
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Deere Warning a Win for Right-to-Repair Advocates
Montana Farmers Union President Walter Schweitzer sees the EPA’s recent warning to John Deere as a significant win for farmers’ right to repair. The warning addressed Deere’s equipment manuals that limit emissions control system repairs to authorized dealers, potentially violating the law.
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Avian Flu Is Deadly to Some Species but Not Others
In the last two years, bird flu has been blamed for the deaths of millions of wild and domestic birds worldwide. But it seems to have hardly touched people.
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Bobcat Breaks Ground on Mexico Manufacturing Plant
Bobcat Company, a global equipment, innovation and worksite solutions brand, held a ceremonial groundbreaking June 13 for its new, $300-million manufacturing facility in Mexico.
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Help Us Create a Shared Farm Show Calendar!
The Association is developing a shared calendar to inform members about which farm shows their peers will be attending.
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New Member Profile: Huyett
Huyett is industrial fastener distributor, their extensive product range includes pins, screws, bolts, nuts, and more, with unique C-class parts offered in broken-box quantities to optimize customer warehouse space.
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U.S. Farmers Hold onto Unsold Corn Amid Slumping Prices
After stockpiling crops for much of this season due to low prices, many farmers in the world’s largest corn-producing nation continue to shun buyers despite few signs that prices will improve.
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Texas Faces Extreme Drought Amid Corn Growing Season
As of June 9, nearly all corn in the top 18 corn-growing states has emerged, with minimal drought conditions affecting most states. Texas is the sole state experiencing extreme drought.
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Commercial Property Insurance: Key Coverage Essentials
Commercial insurance policies have many components, including commercial general liability, product liability, commercial property, commercial inland marine, commercial crime, and business auto, among others.
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Deere to pay $1M in Discrimination Case
Deere and Co. will pay $1.1 million in back wages to hundreds of Black and Hispanic job applicants who say they weren’t hired because of their race.
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Don’t Miss Out: Marketing & Distribution Convention, Oct. 22-24
The Marketing & Distribution is a unique industry event creating an opportunity for our members to meet with marketing partners from different areas of the country over a few short days.
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New Member Profile: Advanced Harness and Assembly LLC
Advanced Harness and Assembly is a new wire harness manufacturing company headquartered in Logansport, IN. Although new, they have a combined 450+ years of experience in producing wire harnesses.
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Tractor/Combine Sales: 4WD Tractor Sales Increase Slightly in May
U.S. sales of 4-Wheel-Drive tractors increased 9.4% in May compared to 2023, according to new data from the Association of Equipment Manufacturers (AEM).
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Dealer News: AGCO Expands Dealer Network
Massey Ferguson’s Rural Lifestyle network of dealerships expanded in recent months to serve the increasing number of North Americans who are moving to more rural environments for its open spaces and unique quality of life.
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Deere Layoffs Continue as Production Moves to Mexico
Deere announced another round of layoffs on June 5, this time impacting 120 workers at its Seeder and Cylinder plant in Moline, IL.
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Vermeer Wins “Coolest Thing Made in Iowa” Contest
Congratulations to longtime member company Vermeer who on Wednesday, June 5, Vermeer’s ZR5-1200 self-propelled baler was named the first-ever Coolest Thing Made in Iowa
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Latest Update on John Deere Layoffs
Farm Journal learned that nearly 60 salaried Intelligent Solutions Group (ISG) employees based out of the Urbandale, IA, office will be laid off in the first week of August.
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Report Shows 75% of Corn Crop in Good/Excellent Condition
USDA released its 10th Crop Progress report of the 2024 growing season on June 3. Here’s a look at the most recent corn, soy, wheat, and oat numbers.
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Ag Retailers Are Optimistic for 2024 Growing Season
Fifty-three percent of the nation’s top ag retailers said the 2024 growing season rates between a five and seven on their 10-point scale.
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Bridgestone-Firestone Announces Layoffs at Des Moines Plant
Bridgestone-Firestone announced June 6 it would be cutting jobs at its Des Moines, Iowa, plant.
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ASABE Adopts ISO Drawbar Jack Standards
The American Society of Agricultural and Biological Engineers (ASABE) has replaced identical adoption ASABE/ISO 12140:2013, Agricultural machinery — Agricultural trailers and trailed equipment — Drawbar jacks, with identical adoptions of the current two part ISO standards .
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United States and Europe Union Bird Flu Vaccines
The United States and European Union are taking steps to acquire or manufacture H5N1 bird flu vaccines.
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NAEDA Announces Four Elected Regional Directors
The North American Equipment Dealers Association (NAEDA) announced June 5 the newly elected and re-elected directors for the Great Lakes, MSEDA, North Central, and Pacific Northwest Regions.
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Association Welcomes New Membership Director
The Farm Equipment Manufacturers Association is pleased to welcome Cathy Peirick as the Member Services Director.
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Download the FEMA App Today!
The Association has launched an app that will keep you informed all year round.
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Higher Commodity Prices Soften Farm Income Decline
Springtime increases in corn, soybean, and wheat prices brightened the outlook for the agricultural sector amid expectations of lower farm income this year than in 2023.
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More Wind, Rain and Hail Likely Ahead in June
The long line of severe storms that swept across the Midwest recently – from parts of Nebraska, through Iowa and into Illinois – has been officially classified a derecho by the Storm Prediction Center.
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Enhancing Your Online Presence For Better Customer Engagement
by Brandon Dempsey, 2024 FEMA Supply Summit & Showcase How often do you look up a product or service on
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AEM Hall of Fame Deadline: 6/14
The Association of Equipment Manufacturers (AEM) is now accepting nominations for its 2024 Hall of Fame, which honors the trailblazers, inventors, and leaders whose work has left a legacy on the off-road equipment industry.
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U.S. Ag Trade Deficit Doubles
he U.S. ag trade deficit continues to grow. USDA is now projecting it will reach $32 billion for fiscal 2024, up from $16.7 billion in FY23.
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Deere Plans to Shift Production Amidst Midwest Manufacturing Slump
Since January 2024, John Deere has laid off 650 workers between locations in central and eastern Iowa and more could be on the way.
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USDA Crop Progress Report
U.S. corn and soybean planting both remain ahead of average. That’s despite last week’s heavy rainfall in some areas, including flooding, severe storms, and the loss of human life, with most forecasts showing a good near-term planting window for much of the region this week.
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CNH Industrial Ag President Steps Down
CNH Industrial N.V. announces that it has accepted Derek Neilson’s request to leave the Company later this year.
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Global Manufacturing Rebound Predicted in 2025
Although the global manufacturing economy is on track for “sluggish” growth of just a 0.6% annual expansion in 2024, that picture is forecasted to brighten considerably in 2025.
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House Ag Committee Completes Farm Bill Markup
The U.S. House of Representatives Committee on Agriculture completed its markup of the Farm, Food, and National Security Act of 2024 (Farm Bill) on May 24, 2024, passing the proposed legislation 33-21
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New Member Profile: The TireGrabber Ltd.
Starting from the need to solve a serious problem, Darcy Goossen invented, patented, and engineered The TireGrabber in 2017.
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Farmer Sentiment Recovers in May
Farmer sentiment recovered somewhat in May following a sharp drop-off in April. The May reading of the Purdue University-CME Group Ag Economy Barometer came in at 108, up 9 points compared to April.
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ASABE Revises Standards on Tractor Ballast and Tread Settings
ASABE has initiated the revision of ASAE EP562.1 SEP2015 (R2019) Procedure for Determining Recommended Ballast and Minimum Rear Wheel Tread Settings for Agricultural Tractors with Agricultural Front Loaders.
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New Member Profile: BPW-Hungária Kft
Meet new member BPW-Hungária Kft., a wholly-owned subsidiary of the German BPW Group, who is a manufacturer of running gears for agricultural vehicles and machines.
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Container Shortage Drives Ocean Freight Rates Skyward
A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates.
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Farm bill Advances from U.S. House Panel
Republicans moved their long-awaited new farm bill through the U.S. House Agriculture Committee last week, despite opposition from most Democrats.
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Announcing the Winner of Our Supply Summit Evaluation Contest!
We extend our sincere thanks to all the members who participated in the 2024 Supply Summit & Showcase Evaluation. Your feedback is invaluable to the Association’s Convention Committee and Management.
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House Unveils $1.5 Trillion Farm Bill Draft
The U.S. House Agriculture Committee Friday released the draft bill text of the long-awaited $1.5 trillion farm bill, which is likely to face opposition in the Senate from Democrats due to disagreements over federal anti-hunger programs and climate change requirements.
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