Members of Dealer Associations Vote to Merge
The merged association will represent dealers on a national level as well as dealers in 24 states.
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Titan International Reports 40-Plus Percent Sales Gain
The increases reflected sales gains in all segments, most notably agriculture, along with pricing gains.
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Hutson Inc. has acquired Lappan’s of Gaylord.
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Survey Suggests Confidence Among Farmers, Rural Bankers
The March farm equipment-sales index showed growth for the 16th consecutive month. This has been the strongest string of monthly readings since spring 2011.
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ASABE Develops Standard Related to Harvest Data
The new standard will complement ISO 11783 by providing context for how geographic harvest data is used in practice.
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White House Plans Data Exchange to Improve Supply Chain
The program is intended to use data to share information such as location of cargo, timing on arrival of a shipment at port or warehouse, and ultimately inflation.
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Russian Invasion of Ukraine: Howard Dahl Shares Thoughts on War, Impact
The CEO of Amity Technology in North Dakota has been to Eastern Europe 93 times in his farm equipment career. He remains in touch with colleagues and friends.
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War Creates a ‘Factor of Chaos’ in Ag Trade
The Russian trade ministry has called for a broad suspension of fertilizer exports. That will drive up prices for an agricultural input that already experienced a doubling of some prices in 2021.
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Deere Responds to Right-to-Repair Suits, Farmers Continue Pressure
Deere shareholders asked executives during a recent meeting how the company plans to address these challenges.
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Buhler Industries Disavows War, Reorganizes Board
The Board of Directors accepted the resignation of Konstanin Babkin after Babkin spoke in support of the actions of the Russian Federation.
Read moreVermeer Names Third Generation Family Member as VP
“I’m excited to take the experiences I’ve had to help lead the team and the important work they do,” Mindi Vanden Bosch said.
Read moreAgrisolutions Buys CFM
CFM, based in University Park, Ill., manufactures cold headed metal fasteners for on- and off-highway applications.
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Survey: Equipment Sales Growing at Fastest Pace Since 2011
Although confidence in their economies appears to have wavered among rural bank CEOs, several economic measures showed strength in February.
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Law Would Protect Workers Who Test Positive for Pot
The bill could prohibit employers from firing or disciplining employees or not hiring applicants who use any form of cannabis. However, there are exemptions for safety-sensitive positions.
Read moreAlamo Group Reports Quarterly, Annual Earnings
CEO Jeff Leonard said shortages of hydraulic components in the fourth quarter affected nearly all of the company’s production operations.
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Barometer Takeaways: Rural Internet Access, Future of Farming
Farmers offered insights into quality of their rural broadband and if they plan to grow their business or leave it.
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Farmers’ Moods Improve from January to February
More than 40 percent of producers in this month’s survey say that low farm machinery inventories are holding back their investment plans.
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ASABE Completes Cotton Module Cover Standard
The document is a major revision that adds performance specifications for module covers used on cylindrical modules.
Read moreDealer News: Acquisition, Association Election
See dealer new from New York and the deep south.
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Cybersecurity Q&A: Supply Chain Attacks
Supply chain hacks are becoming more common as criminals realize that they can breach organizations en masse by attacking service providers who have access to many companies’ systems.
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Shearer to Speak at Tillage Council, Other Summit News
Shearer will discuss key considerations reshaping the machinery industry, including precision agriculture/electrification, equipment automation, input logistics, and evolving generational perspectives on best practices for crop production.
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Fewer U.S. Workers: How COVID Changed Labor
Differing wage subsidy programs overseas, and a rate of higher infection in the U.S., were likely contributors to the sluggish domestic labor market.
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Bring a Guest to New Orleans
A narrated coach tour will take participants through lovely neighborhoods, an above-ground cemetery, and a botanical garden or sculpture garden.
Read moreDeere Improves Forecast, Expects Demand to Continue
Order books for the upcoming year are mostly full, Deere said, except for a few cases where it has paused orders to reevaluate inflationary pressures later in the year.
Read moreAGCO Reports Q4, Year Results
Increased sales of high horsepower and mid-range tractors as well as precision planting products represented the largest increases for the company.
Read moreKubota Equipment Sales Up 28 Percent
In North America, sales of tractors and construction machinery increased significantly due to strong demand along with growth in suburban development.
Read moreCNH Shows 35 Percent Sales Gain for the Year
In North America, demand was up 10 percent for tractors under 140 HP and up 23 percent for tractors over 140 HP. Combines were up 25 percent.
Read moreScenes from National Farm Machinery Show
Member companies exhibiting at the National Farm Machinery Show in Louisville last week welcomed a steady stream of customers.
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Barometer: Worried Farmers Focus on Input Costs
Fifty-seven percent of producers who responded said they expect farm input prices to rise by 20 percent or more in 2022; 34 percent said they expect prices to rise by 30 percent or more.
Read moreTractor/Combine Sales
Combine sales fell hard from January 2020 to this January. Big tractors continue to post double-digit sales growth.
Read moreArt’s Way Ag Sales Approach 30 Percent Increase
The company also reported an 18 percent gain in labor output on roughly the same amount of wages in 2021.
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2021 Ag Exports Shatter Records
Exports of U.S. ag beat 2020 totals by 18 percent and eclipsed the previous record by 14.6 percent.
Read moreMark Lamboley to Expand Role at HCC
Lamboley will oversee HCC Curitiba, South America, in addition to duties related to Triple C Manufacturing, Inc. and HCC Mendota.
Read moreVaderstad Expands U.S. Footprint
A new building in North Dakota will include training space, a theater, exhibition hall, and customer clinics.
Read moreCollaboration Expands Between Kubota, Escorts
Kubota’s shares of Escorts will increase from 9 percent to more than 50 percent. The transfer is a step toward establishing a business and investment road map for Escorts Kubota.
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Price of Wheat Climbs Amid Uncertainty in Europe
Russia and Ukraine combined account for 29 percent of global wheat exports.
Read moreDealer News
See the latest in acquisitions and expansions.
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Lawmakers File Right-to-Repair, Suits Continue
A bill filed in the U.S. would require all tools and equipment, wireless transmission of repair and diagnostic data, and access to on-board diagnostic systems needed for repairs be made available to the independent repair industry.
Read moreHappy Anniversary, and Welcome
The Association sends a special welcome to these companies who have recently applied for membership and thanks these members celebrating milestone anniversaries.
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Legal Focus: What to Expect from the EEOC This Year
The EEOC has not yet pivoted substantially from the Trump administration. Change, however, is coming.
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Supply Summit: Learn, Network, Get Business Done
You’re ready. Based on phone calls, emails, and early registrations, members of the Farm Equipment Manufacturers Association are deciding they will be at Supply Summit 2022 in New Orleans.
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Red Hot Steel Market Cools
Lower prices will likely take months to flow through supply chains, since many manufacturers purchase steel through fixed-price contracts.
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Crop Insurance Payments Skyrocket
The cost of insuring crops could increase by as much as 22 percent by 2080 due to climate change, even if farmers adapt what they plant and where they plant it.
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New Frontier in Remote Work: Forklift Drivers
The technology would enable forklift operators to be anywhere in the world and operating equipment supporting more than one job site at a time.
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Staying Power on Equipment Sales Strong on Mainstreet
Bankers overwhelmingly named rising farm input prices as the top threat facing farmers in 2022.
Read moreDavid Webster Joins Salford Group
He will focus teams within Salford’s engineering, marketing, operations, and other departments on providing innovative solutions and greater value to commercial application businesses.
Read moreMember Company Rebrands to Reduce Marketplace Confusion
“We will always celebrate and be thankful for our history as Kuhns Mfg. as we navigate our path forward,” said owner Kenny Kuhns.
Read moreKing Kutter Hires Jon Sherrod
“Jon’s experience and what he stands for aligns well with King Kutter’s values,” said CEO Randar Luts.
Read moreDealer News
See news from Montana, Nebraska, Minnesota.
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Sentry Offers Safety Resources to Members
Resources include an online safety toolkit, a library, and a webinar series. They are available to members regardless of policyholder status.
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