Scam Artists Target Convention Groups

We heard this month from our colleagues at the Farm Show Council that their members had been targeted with phone calls suggesting a booking agency was calling members on the Council’s behalf.

Among company names the scammers used were Allied Acquisition Services, Convention Housing Authority, and Expo Lodging. The calls are not legitimate.

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Pressure Mounts Against EPA, Waters Rule

On July 30, the House Committee on Oversight and Government Reform released more than 50 pages of documents in which the Army Corps of Engineers—EPA’s partner in writing the rule—rebuked agency officials for their abuse of the rulemaking process. The economic analysis used to support the rule, Army Corps officials wrote, had no basis in either science or economics.

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Vilsack Calls for Poultry Insurance

Agriculture Secretary Tom Vilsack said the U.S. needs a disaster program for the poultry and turkey industries.

“Whether it’s a risk management insurance-type program, or a disaster program, or a combination, it really will reinforce the biosecurity aspects of this,” Vilsack said in July at the Avian Influenza Outbreak Conference in Des Moines.

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AGCO Releases Q2 Results

AGCO reported net sales of $2.1 billion for the second quarter of 2015, a decrease of about 24.8% compared to the $2.8 billion net sales for the same quarter last year. Excluding unfavorable currency translation impacts, the year-to-year comparison changes to a 10.9% decline.

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Notice: Meeting and Election

Annual business meeting with elections at the Fall Distribution and Marketing Convention. The meeting is 1:15 p.m. Wednesday, Oct. 28, in the Chicago Room. Members will gather to elect new directors and conduct other Association business. Each regular member company present will have one vote on each item on the agenda. There are no provisions for proxy voting.

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Chat with Experts: Discussion Leaders at Fall Convention

Doug Griffin will be part of a panel on contemporary concerns in distributing farm equipment. Griffin brings 27 years of experience in the farm equipment manufacturing industry, including serving as the North America sales manager for Caterpillar’s Agricultural products division until 2002, when Caterpillar sold its ag division to AGCO.

Chad Colby will talk with members on Thursday, Oct. 29, about 21st-century strategies for equipment sales.

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Where Shall We Meet in 2017?

The calendar is set for 2016—Clearwater, Fla., in March, and San Diego in October—but the following year is an open question.

In the last few weeks, Executive Vice President Vernon Schmidt has visited Tulsa, Okla., Little Rock, Ark., and Omaha, Neb., to check out meeting venues and see what the cities offer our members.

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Marketing and Distribution: Our Focus in Kansas City

Much has changed over the decades, but the meeting’s focus has not. Its purpose remains to create a forum in which manufacturers of shortline farm equipment meet with wholesalers, independent sales representatives and others who focus on marketing farm equipment.

Our goal is to provide industry leaders opportunities to build on existing relationships and find new avenues for distributing equipment that brings the outstanding choice, value and innovation that farmers and ranchers expect from shortliners.

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Quarterly Report from Blount

Blount International, Inc., has released numbers for its quarter ending June 30.

Sales in the second quarter were $212.7 million, a decrease of $22.7 million, or 9.6%, compared to 2014. Operating loss for the quarter was $47.3 million, including a $62 million non-cash impairment charge, compared to operating income of $22.4 million in the same quarter last year.

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Earnings Report from Buhler

Buhler Industries reported its third-quarter earnings this month. Revenue for the quarter was $79.1 million, up from last year’s $77.1 million.

Sales of $203.9 million for the first nine months of the fiscal year dropped from the $250.7 million reported for the same period last year. The decline reflects lower demand for agricultural equipment resulting from lower commodity prices and the unstable political environment in Eastern Europe.

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FarmLink Launches Online Sharing for Farm Equipment

The Kansas City company that 15 years ago introduced MachineryLink—a farm equipment leasing and sharing program—recently expanded to also offer an online platform for equipment sharing.

The platform launched in July with limited participation. It is open to ag retailers, equipment dealers, and co-ops. In the fall, individuals will be able to also offer their equipment for sharing.

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In Memoriam: Duane Wilder, Dorsey Meyer, Sr.

Duane Wilder, 62, passed away at his home in Williamsburg, Va., on August 13th. Duane was a respected businessman who started his career as a young co-owner of Alpena Ford Tractor, before moving to Iowa to launch a career with J.I. Case Corporation.

Dorsey joined Towner Meyer Company, an independent wholesaler of farm equipment and related supplies in 1950, and in 1973, became President and General Manager.

EMDA recently reported the death of Dorsey Meyer, Sr. Dorsey served on the FEWA Board of Directors from 1980 through 1985. He was president of the board in 1984

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Quarterly Results from Alamo

Alamo Group Inc. released numbers from its quarter ending June 30.

Net sales for the quarter hit a record $215.7 million compared to net sales of $207.8 million in 2014, which reflects a 4% increase. Net income for the quarter was $9.7 million.

The company’s agriculture division reported net sales of $53 million, a 1% decrease compared to the $53.6 million in net sales for the same quarter last year.

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White Collar Salary Exemption Gets the Squeeze

As we’ve discussed in earlier articles, in order to treat an employee as exempt from the Fair Labor Standards Act’s overtime requirement, the employee must (1) meet a salary threshold, (2) be paid on a salary basis, and (3) perform certain “white collar” job duties. Recently, the Department of Labor announced that it intends to restrict this test and reduce the number of employees eligible for exempt status.

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Canada Exports Stumble

Canada has posted trade deficits every month this year, and the cumulative 2015 total deficit of $13.6 billion is a record, reported the Toronto Star.

Data from Statistics Canada revealed that exports in May were down by six-tenths of a percent over April and 6.7% from the same time last year. Energy exports rose slightly in May although remain significantly down (33.8%) compared to the same time last year.

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Association Monitors Federal Issues Relevant to Shortliners

In 1950, a group of manufacturers visiting their distributors in Chicago at what we know now as the Fall Marketing and Distribution Convention, recognized the need for a common voice that would connect them and represent their interests. That same year, they founded the Farm Equipment Manufacturers Association with 46 member companies.

Sixty-five years later, the Association has grown to more than 700 member companies, and our efforts to build coalitions, bring members together, and serve as a common voice for the shortline equipment industry have never wavered.

In this issue, that commitment has us focused on several federal developments, including transportation and tax policy.

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Hayward Acquires Ford

Hayward Distributing Company has announced it purchased the assets and distribution rights of Ford Distributing, a supplier of specialized agricultural and industrial equipment.

Ford Distributing has supplied several brands to dealers in Ohio and surrounding states since 1976. Its staff will remain in place and continue to operate from its Marysville, Ohio location.

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Association Bulletin Board

Need more Member Decals?You can help us build membership by displaying these decals on your equipment. Every manufacturing member gets three free rolls of the 2.5- by 1.5-inch decals. If you need more, let us know. Rolls are $12.50 for 250 decals.

Register Early and Save … You can save over $200 on registration for the Fall Marketing and Distribution Convention if you sign up by August 14.

Have News to Share? We hear repeatedly from members that you want to hear more about other members.

Ag Innovator is on the Way – The August issue of Ag Innovator will be mailed next week.

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Dealer News

John Fabick Tractor Company and FABCO Equipment Inc., have combined their family-owned, independently-operated companies.

Barnes County Implement in Wimbledon, N.D. is expected to close by October 1, with nearby Cooper Implement in the process of switching to independent status.

Hollingsworths’ Inc., with Deere stores in Ontario and Burns, Ore., and one in Weiser, Idaho, has changed hands and is now part of Camp Equipment

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DOL Sues Deere

The Department of Labor (DOL) has filed suit against John Deere, claiming it violated the whistleblower provisions of OSHA.

At the center of the suit is a pipefitter who was terminated in 2012 from Deere’s Moline, Ill., facility. The suit alleges the termination was in response to the pipefitter reporting unsafe work conditions.

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Hint of Optimism on Mainstreet

Creighton University released its Rural Mainstreet Index for July last week, and the survey revealed a subtle uptick in growth for the fourth consecutive month. News specific to farm equipment sales was weaker. The July index rose to 17.9 from June’s record low of 12.5. The index for farm equipment sales has been below growth neutral for 24 straight months

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Alamo Appoints VP

Alamo Group Inc. announced last week that Edward (Ed) Rizzuti joined the company as its Vice President and General Counsel. Before moving to Alamo Group, Rizzuti was Vice President, General Counsel and Secretary for Erickson Incorporated, an aircraft manufacturing and operating company based in Portland.

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Mapping Soil from Space

ASA and the USDA agreed last week to embark upon a partnership in data- sharing.

The USDA said the partnership aims to better protect working lands, predict and prevent natural disasters, and inspire young people to pursue careers in science, math, technology, engineering, and agriculture.

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Justices to Consider Union Fees

U.S. Supreme Court will consider limiting the power of unions who represent government employees to collect fees from employees who are not union members. The teachers want the court to overturn a legal precedent that said unions can require non-members to pay for bargaining costs as long as the fees don’t go toward political purposes.

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