Corn Belt Drought Monitor
Last week’s U.S. Drought Monitor shows that extended dryness has intensified across much of the Corn Belt.
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Jury Rejects Deere Lawsuit Against AGCO Over Patents
Federal court found that AGCO Corp’s planting equipment did not infringe two patents owned by agriculture-industry rival Deere & Co.
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Sentry rated A+ by AM Best for 31st straight year
Fewer than 10 percent of U.S.-based property and casualty insurance companies earn the A+ rating—even less have achieved it for three straight decades. The designation speaks to the financial strength and soundness of Sentry as a company.
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Kinze Releases Documentary Chronicling Company’s History of Innovation
Kinze releases updated video documentary that tells the story of the company’s humble beginnings in the mid 1960’s and its many technology innovations since then
Read moreU.S. Postage Rate Increase
Postal Service implemented new postage rates for most mailing (market dominant) products on Sunday, July 10, 2022.
Read moreUAW Strike at CNH Grinds On
CNH say UAW negotiators rejected the company’s last major proposal in May without even putting it before rank-and-file members
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Titan Machinery Acquires Heartland Ag Systems
Titan Machinery Inc. has announced that it has entered into definitive purchase agreements to acquire Heartland Ag Systems, Heartland Solutions and related affiliates.
Read moreArizona Exempts Used Ag Equipment from Sales Tax
Change expands the sales tax exemption for used, rental and lease agricultural equipment, and off-highway vehicles (OHVs) for farming and ranching, effective Oct. 1, 2022.
Read moreWCCO Acquired by Continental
WCCO Belting, Inc., the continuation of a nearly 70-year family-owned business that began with Edward Shorma of Wahpeton, has been acquired by Continental of Fairlawn, Ohio.
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Art’s Way Reports Results
Second quarter sales in the company’s Agricultural Products segment were $5,316,000 compared to $3,858,000 during the same period of fiscal 2021, an increase of $1,458,000, or 37.8%.
Read moreJohnson Tractor Acquires Value Implement
Johnson Tractor has announced the acquisition of Value Implement marking a significant expansion in the west central Wisconsin marke
Read moreAB5 Expected to Worsen Driver Shortage, Supply Chain Issues
“Now we’re going to throw gas on the fire with an entirely new driver model for many carriers”
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West Coast Dockworkers Still Negotiating After Contract Expires
Both sides said last month that they weren’t planning any work disruptions, but U.S. industries are clearly worried
Read moreKubota Canada Appoints Montagano as President
Kubota Canada announced that Yannick Montagano has succeed Bob Hickey in his role as president of the company.
Read moreBush Hog Hires New Vice President of Sales and Marketing
Bush Hog announced Dan Bratt has joined the Bush Hog Team as vice president of sales and marketing
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Dealers Association Completes Merger
North American Equipment Dealers Association Completes Merger Kansas City, MO (July 5, 2022) – The North American Equipment Dealers Association (NAEDA) is pleased
Read moreTitan International Reaches Deal to Supply Deere
Titan International Inc. said it has entered a global long-term agreement to supply Deere & Co. with wheels and tires
Read moreUse Caution with Independent Sales Representatives
Perhaps the most important category in the contractor test is behavioral control, which includes control over how to do the work, rather than simply the outcome, control over the location and time of the work, and training.
Read moreKubota Aims for 2025 Hydrogen-Powered Fuel Cell Tractors
Company plans to release a prototype of the fuel cell tractor in 2023, eyeing the US and European markets where the demand for zero-emissions machinery is booming.
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Bankers Expect Net Farm income for Grain Farmers Up 12.6%
Bank CEOs expect 2022 net farm income for grain farmers to be 12.6% above 2021 levels.
Read moreInflation, Taxes and Debt
Inflation surging at fastest pace in four decades, policymakers need to start taking that seriously.
Read moreDealer News
Fernandez Holdings, Inc. has acquired the 2 Long Island locations of Chief Equipment. Tellus Equipment Solutions acquires Clark Tractor and Supply
Read moreDeere Moving Tractor Cab Production to Mexico
Deere & Co. moving tractor cab production from Waterloo plant to Mexico . . . “given a tight labor market”
Read moreCourt Consolidates Deere Right-to-Repair Cases
Majority of class-action lawsuits brought against John Deere over the right to repair farm equipment will be heard by a federal court in Illinois
Read moreKinzenbaw Gift – Scholarships in Agricultural Engineering
Support for students studying technical agriculture, women studying agriculture engineering and technology, and faculty research in agricultural and biosystems engineering.
Read moreTitan Machinery Report Results
Ag Segment revenue for the first quarter of fiscal 2023 was $318.5 million, compared to $229.6 million in the first quarter last year.
Read moreSocial Media Influencer Part 2
Getting Started & Influencer Compensation Our members are innovators, boundary-pushers and problem-solvers. Many of you are of course savvy marketers
Read moreCaterpillar Global Headquarters Heads South
Caterpillar Inc. has announced it will move its global headquarters from Illinois to an existing divisional office in Irving, Texas,
Read moreEvolving Risk Driving Cyber Insurance Market
Organizations of all sizes seeking coverage now required to provide more details about their exposures and answer questions that underwriters might not even have asked previously.
Read moreSupreme Court Rejects Appeal from Roundup’s Maker
High Court has rejected Bayer AG’s bid to dismiss legal claims by customers who contend its Roundup weedkiller causes cancer
Read moreIRS Hikes Standard Business Milage Rate Mid-Year
IRS has increased the standard business travel reimbursement rate to 62.5 cents per mile, up 4 cents from the rate of 58.5 cents that went into effect in January.
Read moreNAEDA Announces Director of Government Affairs
(NAEDA) has announced the appointment of Kipp McGuire as Director of Government Affairs.
Read moreOEMs Explore, Acquire Electric Farm Power
Most likely electric equipment purchases were utility vehicles, zero-turn mowers/lawn tractors, skid steer loaders, 4WD tractors and 2WD <40 horsepower tractors.
Read moreWorker’s Age-Based Harassment Suit Reinstated
Appeals court has reinstated an age discrimination lawsuit filed by a worker who was the alleged victim of a “relentless and ruthless” age-based harassment campaign
Read moreProposed SEC Rule Requirements Nearly Impossible for Family Farms
Consequences to rural America of the SEC’s proposed rule, “The Enhancement and Standardization of Climate-Related Disclosures for Investors.”
Read moreEffective Benefit Plan Communication
How employers communicate benefits information to employees has a tremendous impact on how well employees understand, utilize and perceive the programs. Managers and supervisors are usually in the best position to share important benefits information with employees.
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FTC Takes Action on Restrictions to Right to Repair
Agency Orders Require Companies to Fix Warranties, Come Clean with Customers, and Compete Fairly with Independent Repairers
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Bank CEOs expect net farm income for grain farmers to be 12.6% above 2021 levels
June Survey Results at a Glance: The overall index fell below growth neutral for the first time since September 2020.
Read moreNorth American Equipment Dealers Association Announces Board Members
Kansas City, MO (May 25, 2022) With the recent merger of three regional equipment dealer associations with the Equipment Dealers Association,
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18th Straight Month Mainstreet Equipment-Sales Index Has Advanced Above Growth Neutral
OMAHA, Neb. (May 19, 2022) — The Creighton University Rural Mainstreet Index (RMI) fell from April’s healthy reading and remained
Read moreBuhler Industries Reports Q1 Results
Buhler Industries has reported revenue for the quarter of $55.2, down $9.4 from the comparable quarter in the prior year. The company stated
Read moreTrends Farmers will Invest in Over the Next Five Years
Stage set for bringing financial technology to American agriculture.
Read moreSenate Dems Introduce ‘Anti-Union’ Tax Bill
Would alter the tax code to prohibit companies from writing off “anti-union” activities as business expenses.
Read moreMarket Souring on Plant-Based Substitutes
After years of climbing sales, consumer interest in meat alternatives is waning.
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Add ‘Influencers’ to Your Marketing Strategy, Here’s How
Tim Marks, who hosts Tractor Time with Tim—the largest YouTube channel dedicated to compact tractors and attachments——offered these thoughts in the current issue of our AgInnovator magazine.
Read moreTitan International, Inc. Results
Reports net sales for Q1, were $556.0 million, compared to $403.5 million in the comparable quarter of 2021, an increase of 37.8%.
Read moreU.S. Rejects Canada’s Second Proposal to Fix Dairy Quotas
Vilsack calls Canada’s second proposal for modifying its tariff rate quotas for U.S. dairy “unacceptable and that key changes are needed before the dispute is resolved.”
Read moreAGCO Update on Ransomware Recovery
Damage from the ransomware cyber attack could require more in-depth, and lengthy, remediation and recovery than is currently expected,
Read moreUSDA 2022-23 Production Forecast
USDA’s first detailed forecast of the 2022-23 corn and soybean crops, the May World Agricultural Supply and Demand Estimates (
Read moreContract Negotiations Underway at Ports of Los Angeles and Long Beach
If talks bog down it could exacerbate the already fragile supply chains for companies that depend on the ports.
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