AGCO to Buy Boyd Assets, Launch Dealership
AgRevolution, which begins operation Jan. 1, is the result of a unique situation in Kentucky and southern Indiana, where Boyd is shifting its focus to heavy construction sales.
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Raven Industries Names New Leaders
“We are reorganizing senior executives because our future is strong, and we believe we are at the start of a significant growth trajectory for our organization,” said CEO Dan Rykhus.
Read moreOrthman Donates Masks to Schools
Orthman Manufacturing in Lexington, Neb., donated more than 3,700 masks to schools in its community so every student and employee had their own.
Read moreDealer News
See news about sales in Texas and the western U.S.
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Manufacturers Add 66,000 Jobs in September
Roughly two-thirds of the returning manufacturing jobs were in durable goods, especially in the motor vehicles and parts sector and machinery. Each added about 14,000 jobs.
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COVID Activates Program to Give Employees Tax-Free Payments
For employees working remotely, payments can cover related utilities, wi-fi, and paper and ink, as examples. Employees in offices may use payments for hand sanitizer or masks and increased costs related to childcare and transportation.
Read moreRegulation Affects Makers of Diesel Engines
A Canadian organization wants companies that export diesel engines to the country to know about a new regulation.
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White House Invests in Ethanol Market
The investment, expected to exceed $100 million, will drive demand for ethanol and increase national sales by 150 million gallons a year, the administration said.
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IRS Clarifies Bonus Depreciation
The final regulations clarify the effects of a technical correction in the CARES Act. Taxpayers can now deduct QIP.
Read morePresidential Candidates Talk Trade
The American Farm Bureau Federation asked President Donald Trump and Democratic presidential nominee Joe Biden to respond to a series of questions relevant o This week, Shortliner shares responses to a question about trade.
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Website Mistakes Manufacturers Make
Our phones and computers are our personal headquarters, and we spend more than a third of our waking hours looking at them. Manufacturers cannot downplay the importance of their website as a marketing tool. It is essential to business growth.
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Cleveland-Cliffs to Acquire ArcelorMittal USA
The acquisition means Cleveland-Cliffs will become the largest flat-rolled steel producer in the country, and the largest producer of iron-ore pellets, the company said.
Read moreLegal Focus: Travel Waivers for Employees
Companies considering asking employees to sign travel waivers should weigh potential risks against the possible protections that such a waiver will provide in the event an employee contracts COVID-19.
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Cheaper, Faster COVID Tests Good News for Workplaces
Unlike the $100-and-up molecular diagnostics lab tests, antigen tests can cost as little as $5, and results are available within minutes rather than days.
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Valmont Secures $240 Million Project in Africa
It will become the largest connected irrigation project on the planet.
Read moreMcFarlane’s Apprentice Program Enjoys Success
The program offers an “honest wage,” high school credits, and exposure to opportunities in manufacturing.
Read moreGKN Rebuilds Plant, Triples Production
The head of operations said the plant is “quite simply unrecognizable from what it was just a couple of years ago.”
Read moreAssociation of Black Farmers Persists in Deere Boycott
Deere responded to allegations of unfairness with a statement detailing its contributions to equality and an announcement of a new coalition, but that did not diminish the resolve of the NBFA.
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Fraud Alert: PPP Loan Applicants’ Info Hacked
The Small Business Administration has received more than 1,000 reports that business owners are fighting fraudulent Economic Injury Disaster Loan applications. KCoe offers tips to protect your company.
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Quandary for Employers: COVID-19 Vaccines
More than a third of Americans say they will not get the COVID vaccine. That may create a legal showdown in the workplace.
Read moreChild Care Needs Cause Problems in Factories
Nearly half of manufacturers said child-care constraints caused by the coronavirus made it difficult to recall furloughed workers or hire new ones in August.
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Dealer News
See the latest in acquisitions in the industry.
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Deere to Expand in Australia, New Zealand
Deere’s business in Australia, New Zealand, Asia, Africa and the Middle East accounts for almost 10 percent of the company’s total revenue.
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Dealer Foundation Launches Workforce Campaign
The campaign seeks to familiarize parents and educators with the benefits of a career as an equipment service technician and inspire children to explore these careers.
Read moreVirus Driving Swings in Supply, Demand, Cost
The cost of food at home was up 4.6 percent in August, as were the costs of men’s pajamas, bikes, and books. Consumers are paying much less for hotel rooms, cosmetics, and suits and dresses.
Read moreCandidates Discuss Farm Policy
In this week’s installment of responses that presidential candidates provided to the American Farm Bureau, they talk farm policy.
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News from ASABE
The group released news about a new international standard related to towing and towed vehicles, as well as the initiation of a standard on metered seed systems in precision ag.
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Rural Mainstreet Index Improves for September
The index has risen consistently since bottoming out in April. The farm equipment sales index remains in a recessionary zone.
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USDA Issues $14 Billion in COVID Relief to Farmers
This is the second round of assistance the administration will send to farmers. It distributed $19 billion earlier this year.
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No Handshakes, but Plenty of High-Impact Info
Although we will not gather for convention, we will come together briefly on screen to elect directors and hear from a former White House insider on what’s at stake in the November elections.
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What’s the Future of Trade Shows
A survey conducted by a marketing firm found that 88 percent of people are open to attending a trade show. Nearly a quarter were characterized as “not worried at all.”
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Former Deere Exec Joins Ford
The Deere exec who led efforts to deliver artificial intelligence on the farm has joined Ford. He and the new CEO want Ford’s commercial customers to regularly pay for services, creating a revenue stream that flows throughout the vehicle’s life.
Read moreWorld Ag Expo Calls Off 2021
World Ag Expo announced Monday it will not host its outdoor farm show in 2021.
Read moreDeere’s Lagemann Elects to Retire
The senior vice president of Ag &Turf will retire Oct. 31. Succeeding him will be Dave Gilmore, a 30-year veteran at Deere.
Read moreAGCO to Acquire 151 Research
AGCO has agreed to acquire research and product development firm 151 Research to create new technology solutions for grain customers.
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USDA Projects Farm Income at 7-Year High
The last time federal payments accounted for a greater percentage of farm income was 2001 at 41 percent. Sonny Perdue said Monday he hopes to announce a new version of coronavirus relief this week.
Read moreAg Top-Rated Industry in Gallup Poll
While always among the favorites in this annual survey, agriculture for the first time tops the list of well-like industries. Researchers suggest renewed appreciation because of COVID-19.
Read moreTrump, Biden Square Off on Taxes, Ag Issues
The American Farm Bureau asked the candidates to discuss rural life and health, regulatory reform, trade, and more. In this issue, see the candidates’ platforms on taxes.
Read moreBranstad Resigns as Ambassador to China
Former Iowa Gov. Terry Branstad will step down as U.S. ambassador to China in early October, ending a three-year tenure.
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Startup Aiming to be Amazon for Ag Meets Resistance
FBN is an online marketplace for agricultural supplies positioning itself as an alternative that allows farmers to compare costs, negotiate prices, and gain control of expenses. Ag giants are resisting.
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Employers Hesitate to Adopt Payroll Tax Deferral
Beginning this month, employers can stop withholding part of employees’ share of Social Security taxes. The IRS will recoup the funds from employee paychecks in the first four months of 2021.
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Pilot Program Could Ease Interstate Trucker Shortage
The FMCSA is seeking public comments on a proposal that would open more interstate truck-driving jobs to 18-, 19- and 20-year-olds.
Read moreBell Equipment Will Stop Exclusively Selling Deere
Bell will cease to distribute Bell-branded equipment built by Deere. It also will transition to a non-exclusive dealer arrangement with Deere.
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Trump Tweets Good News for Biofuels Industry
Ethanol industry gets a win from Trump administration, but frustrated farmers argue the gesture falls short.
Read moreNebraska Launches Ag Branding Campaign
Government leaders in Nebraska have launched a “straight from the good life” campaign to raise awareness among prospective trade partners about the state’s ag industry.
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ASABE Shares Updates on Standards
See the latest from ASABE on new standards and revisions.
Read moreCanadian Herds Expected to Contract in 2021
Canadian pork exports are expected to be steady, and the U.S. will remain as the dominant trade partner for Canadian beef and pork.
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Association Seeks Input on Expanding Member Services
What’s your comfort level with an ethical hacker? Someone who, in the name of helping you prevent a cyber attack, stages a cyber attack to test the strength of your security system? It’s among possibilities for members.
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