Dealer News: AGCO Dealership Forms Three Nebraska Dealers
True Ag & Turf will form by acquiring Manzer Equipment, Merz Farm Equipment and West Point Implement of Columbus
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Steel Production
Steel production as of June 19, 2023.
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Iowa Disappointed by EPA’s Ruling on Biofuel
Iowa Republican lawmakers and biofuels interest groups expressed disappointment after the U.S. EPA finalized a rule that holds steady the amount of corn-based ethanol that oil refiners must blend into the nation’s fuel.
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Iowa Ag Industry on Alert Following Approval of Lab-Grown Meat
Laboratory meats could have an economic impact on Iowa, one of the biggest livestock-producing states in the nation.
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Farm Bill Draft Could Be Ready by August
The House Agriculture Committee announced this week at an event that draft language for the 2023 Farm Bill could be available by August.
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NAEDA Announces 2023 Dealer’s Choice Recipients
The North American Equipment Dealers Association is pleased to announce the recipients of the 2023 Dealer’s Choice and Gold Level Awards.
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See you in KC – Save the Date!
Supply Chain Summit & Showcase
Bringing Manufacturers & Suppliers Together. Join us from Oct. 31 – Nov. 2 at the Sheraton Kansas City at Crown Center.
Oxbo Acquires H&S Manufacturing
Oxbo is expanding its presence and product portfolio in the hay and forage industry, through acquiring H&S Manufacturing in Marshfield and Clintonville, WI.
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June is National Safety Month
A product manufacturer’s operator’s manuals and safety labels will help keep your customers safe and help keep your company out of court.
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Beware of Hay Scams
A new Facebook scam is tricking Missouri farmers into buying nonexistent bales of hay.
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Ag Equipment Market to Reach 326.66 Billion USD from 2022 to 2032
According to a comprehensive report, the global agriculture equipment market is predicted to grow substantially over the assessment timeframe from 2022 to 2032.
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Drone Images Helps Increase Soybean Yield in Wake of Climate Change
In recent years, Purdue University researchers have worked to predict soybean biomass from drone imagery in Indiana.
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Farmers Worry Bunge’s $8.2 Billion Ag Deal Will Diminish Competition
Farmer and consumer groups warn that the planned agricultural megadeael uniting Bunge and Glencore-backed Viterra could leave farmers with fewer alternatives for selling crops and drive up consumers’ prices for food.
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For Sale: Tuff-Bilt Mfg. Inc
The owner of Tuff-bilt, a small tractor company and former Association member, is retiring and selling the company.
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‘Beagle Brigade’ Helps Protect American Ag at Our Borders
Many people may not know that nearly 200 detector dogs help keep prohibited fruit, vegetables, plants and meat products from high-risk countries from entering the United States.
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Wisconsin State Passes Lemon Law for Farm Equipment
Wisconsin recently passed a bill that would allow buyers of defective farm equipment to get their money back if a defect in the equipment has been subject to repair.
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States Accelerate Efforts to Block China’s Ag Land Purchases
A growing number of states are considering or have passed measures this legislative term to ban “foreign adversaries” and foreign entities – specifically China – from buying farmland.
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Senate Bill Would Invalidate Prop 12 Through Lawsuits
In opposition to California’s Proposition 12, seven farm-state senators announced legislation to prohibit states from regulating agricultural production in other
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Kubota Partners with Electric Powertrain Manufacturer
Zero Nox Inc., a provider of off-highway vehicle electrification, announced a product development agreement for currently undisclosed products with Kubota Corporation in Japan.
Read moreFWEDA to Merge with AED
The Far West Equipment Dealers Association (FWEDA) Board of Directors has ratified a membership vote to merge with Associated Equipment Distributors (AED).
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USDA Announces $320 Million to Strengthen Food Supply Chain
U.S. Department of Agriculture (USDA) Secretary Tom Vilsack recently announced that the USDA is making investments that will create new and better markets for agricultural producers and food businesses in 19 states across rural America.
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Soybean Acreage Has Outpaced Corn and Wheat Since 2000
Between 2002 and 2022, soybeans were the second-most planted crop in the United States, behind corn.
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U.S. Experiencing Factory Boom
According to data from the Census Bureau released last week, construction spending by U.S. manufacturers more than doubled over the past year.
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Osmundson Breaks Ground at Second Production Facility
Osmundson CEO Heather Bruce, Kentucky Gov. Andy Beshear and local leadership from Mayfield and Graves County, KY. recently held a groundbreaking ceremony at the planned site for Osmundson’s second production facility.
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Yanmar Compact Equipment Breaks Ground on 32,000 Sq. Foot Expansion
Yanmar Compact Equipment North America announced it has broken ground on a 32,000-square-foot expansion to its Grand Rapids, MN facility.
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Railroad Industry Sues to Block California Pollution Rules
Two rail industry groups have filed suit against California for a proposed rule that would set a 30-minute idling limit for locomotives in the state and would require railroads to set aside funds to upgrade to cleaner locomotive technologies.
Read more21st Century Equipment and 4Rivers Equipment Ag Merge
21st Century and 4Rivers Equipment announce merger of ag products establishing a network of 26 John Deere stores.
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CLAAS Signs Right to Repair Memorandum
Farm equipment manufacturer CLAAS has joined John Deere, Kubota, CNH, and AGCO in a memorandum of understanding (MOU) with the American Farm Bureau Federation (AFBF) that confirms the right of farmers to repair their own equipment.
Read moreRural Mainstreet Economy Expanding: Federal Reserve Rate Remains a Challenge
After declining below growth neutral for March, the overall Rural Mainstreet Index for June expanded above the threshold for a third straight month to its highest level since May 2022, according to the June monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.
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Tractor / Combine Sales
Four-Wheel-Drive Tractors and Combine Harvesters continue growth while some other segments continue declines according to the latest data from the Association of Equipment Manufacturers (AEM).
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Summer Near – Farm Bill Likely Months Away
The Senate and House Agriculture committees are weeks or even months away from drafting the 2023 farm bill, a remarkably late start for what is always a detailed and time-consuming process.
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Got (Whole) Milk?
A House committee approved a bill that would allow cafeterias to serve full-fat and 2% milk.
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Egg Prices Normalizing
Retail egg prices are on track to return to historic averages in the coming months, supermarket executives said, after the deadliest avian influenza outbreak in U.S. history helped push prices above $4 a dozen in January.
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King Kutter Celebrates 45 Years
Congratulations to member company, King Kutter, Inc. who recently celebrated 45 years, as a family-owned business, with fellow team members.
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Farmer Sentiment Sours as Crop Prices Decline
Producer sentiment fell to its weakest reading since July 2022, as the Purdue University-CME Group Ag Economy Barometer Index declined 19 points to a reading of 104 in May.
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S3 Group Appoints COO in Preparation for Alberta Expansion
After seven years as the GM of S3 Air Systems and S3 Manufacturing, Al Marques was promoted to Chief Operating Officer as S3 Group prepares to open its sixth North American manufacturing facility in Medicine Hat, Alberta.
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CNH Names New Chief Technology Officer
CNH Industrial announced the appointment of Friedrich Eichler as Chief Technology Officer.
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Deere Announces Senior Leadership Changes
Deere & Company recently announced that its Board of Directors elected Jahmy Hindman senior vice president in addition to his current position as chief technology officer, which he has held since 2020.
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Debt Ceiling Agreement is Critical to Ag Market
The recently passed debt ceiling agreement is important for the entire agricultural industry to avoid a default of the government and possible shutdown of essential services.
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Global Containers Slump to 14-Year Low
Stagnating trade and a ballooning surplus of shipping containers has led to a collapse in newbuild container output, which is forecasted to slump to its lowest level in 14 years.
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NAEDA Announces Leadership
The North American Equipment Dealers Association (NAEDA) is pleased to announce the newly elected and re-elected directors for the Deep Southern, Canada, Far West and Iowa-Nebraska Regions.
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Steel Production
Steel production in net tons as of May 29, 2023.
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Beef Prices Nearing Record Levels
Hamburgers and steaks, already near record-level prices, are set to get more expensive. The culprit is a rapidly shrinking supply of cattle.
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ASABE Revises Ag Cab Standard
The ASABE has revised the terminology and overview document in its series of standards for agricultural cab air quality.
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National Drought Summary for May 30
The U.S. Drought Monitor (USDM) is a map released every Thursday, showing where drought is and how bad it is across the U.S. and its territories.
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US Manufacturers Seek Alternatives from China as Tensions Rise
Fears of military conflict and increasing security worries have some U.S. manufacturers re-evaluating their reliance on China.
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Three Ways to Protect Your Business Against Weather and Inflation
You’ve invested time and money into your business. While you can’t prevent severe weather and inflation, you can act now to manage your safety, insurance needs, and communication plans to better help protect your business.
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Cybersecurity: The Importance of Two-Factor Authentication
In light of the growing number of cyberattacks, many companies are turning to two-factor authentication to enhance their cyber security.
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Farm Grants Available for Females
Statistics have proven that female farmers are under-represented in the agricultural field lately. The USDA has recognized this discrepancy and offers many farm grants for women to help level the playing field.
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Supreme Court Limits Federal Water Regulations
Farmers and property owners received a major win when the Supreme Court significantly reduced the scope of the Clean Water Act.
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