Great Location for 2023 Supply Summit
In addition to great content and networking, we have a fantastic hotel in a wonderful location. Check out the live stream from Sandestin.
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Supply Summit & Showcase: Registration Now Open
This week we opened registration for our 2023 Supply Summit & Showcase Conference in sunny Sandestin, FL with a waiting list of members eager to engage and learn from each other.
Read moreGlobal Shipping Container Shortage Now Facing a Surplus
While there was a shortage of containers at the height of the Covid pandemic, the global economy is now facing the opposite problem: too many containers.
Read moreWelcome New Members!
The Association would like to acknowledge our newest member companies that will help shape our industry. Please join us in welcoming them.
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Recharge, Reconnect and Refresh
The 2022 Marketing & Distribution Convention is right around the corner. Do not miss this opportunity to recharge your batteries, reconnect with your peers and refresh your knowledge of the issues most relevant to the shortline equipment industry.
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AGCO Reports Second Quarter Results
AGCO has reported results for the second quarter ended June 30, 2022. Net sales for the second quarter were approximately $2.9 billion, an increase of approximately 2.3% compared to the second quarter of 2021.
Read moreLogistics Concerns: Protests at Port of Oakland
“The cargo won’t flow ’til AB5 goes” rallying cry for many of the protesters, who want to see action in CA capital. Shutdown will further exacerbate the congestion of containers dwelling at the Oakland Seaport.
Read moreAdministration Restores Stricter Environmental Reviews
Biden administration is restoring stricter environmental standards for approving new pipelines, highways, power plants and other construction projects, including requiring consideration of how such projects might affect climate change.
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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.
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Alamo 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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ASABE Completes Cotton Module Cover Standard
The document is a major revision that adds performance specifications for module covers used on cylindrical modules.
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.
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 moreCNH Industrial announces temporary plant shutdowns in Europe
13-OCT-2021 | London CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that it will temporarily close several of
Read moreBuhler Reports 3Q Results
The Company achieved third quarter sales growth of 3.3% coming in at $79.2 and continues to project sales growth in 2021.
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July Tractor, Combine Sales
AEM Reports Tractor and Combine sales for July 2021
Read moreOpinion: Executive Order Creates Opportunities for Farmers and Ranchers
Limiting who can work on a piece of machinery drives up costs and increases down-time. Ensuring farmers have the ability to perform cost-effective repairs on their own equipment will keep America’s farms running and financially sustainable.”
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July 4 – Independence Day
Farm Equipment Manufacturers Association will close its office Monday in observance of Independence Day. At the heart of this holiday
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Rural Mainstreet Index Remains in Solid Growth Territory:
The June farm equipment-sales index rose to 71.6 from 67.9, its highest level since 2012, and up from May’s 67.9.
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Association Webinar: Tax Credits for Manufacturers
Participants will learn about the Research and Development (R&D) Tax Credit and Employee Retention Credit. The webinar is 9 to 10 a.m. Central on Tuesday, June 29. Go to FarmEquip.org/taxwebinar.
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Administration Extends PPP
Congress has extended the Paycheck Protection Program application period. It also added an employee retention credit for disasters other than COVID-19, including the recent severe weather. Employers should look again at the employee retention credit to see if they might qualify.
Read moreSummit Safety Protocols
Association and hotel staff will honor the highest standards of COVID-19 protocols. As part of our work to assure everyone’s
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Bipartisan Meeting on Infrastructure ‘Substantive’
President Biden warned that if the U.S. does not invest in the issue, China is “going to eat our lunch.”
Read moreTractor/Combine Sales
November numbers show gains in every category in the U.S. and all but two categories in Canada.
Read moreNet cash farm income for 2020 is expected to increase 43.1% – highest level since 2013.
OMAHA (DTN) — Net cash farm income for 2020 is expected to increase 43.1% from 2019 totals, driven heavily by higher government
Read moreMembership Matters: Make the Most of Yours
Want to know how business is this year for other member companies? Early respondents to the 2020 membership survey offer a glimpse here. Check out the data, and join the conversation.
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.
Read moreGreat Plains Expands in Kansas
The new plant will focus on production of a Kubota compact track loader that’s built in Japan today.
Read moreAGCO Honors Alliance Tire
AGCO recognized Alliance for performance in cost, collaboration, innovation, account management, coordination and flexibility.
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Manufacturers Cut Capital Spending, Keep Tech Plans
A three-month moving average index of planned capital spending among U.S. manufacturers dropped in May to its lowest level since May 2009. Companies are using already allocated capital to accelerate investments in technology and research.
Read moreDeere Announces New Model, Leadership Changes
Deere has announced a new operating model and a series of leadership changes to support the model.
Read moreMember Response: Getting Sales Teams on the Road
The Association asked member companies how they are handling the return to normal, specifically as it relates to employees who
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Cyber Attacks Rise by 156 Percent in Manufacturing
The pandemic provided new opportunities to cyber attackers, and manufacturing was hit hard.
Read moreCanada’s Ag in Motion Expo to Become Digital Show
The sixth annual Ag in Motion, an outdoor farm expo in Western Canada hosted by Glacier FarmMedia, has been replaced this year by a digital expo.
Read moreDeere Reports 1Q results – Says ‘farmer confidence, though still subdued, has improved’
Deere’s agriculture and turf division fell 4 percent from the year prior to $4.49 billion during the three months through Feb. 2.
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Farmer Sentiment Soars in January
The Ag Economy Barometer rose to a reading of 167 in January, a 17-point jump from December when the index stood at
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IRS 2020 Standard Milage Rate
IR-2019-215, December 31, 2019 WASHINGTON — The Internal Revenue Service has issued the 2020 optional standard mileage rates (PDF) used to calculate
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A Special Thanks to These Members
The Association enjoyed the financial partnership of several of its member companies at the 2019 Marketing & Distribution Convention. Their
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Board Elects Officers, Members Elect Directors
Janea Danuser will lead the Farm Equipment Manufacturers Association in 2020. Members of the Board of Directors elected her as president on Wednesday. In a separate election, member companies elected four executives to the Board of Directors.
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Fine Print on Ethanol Proposal Disappoints
Details released last week as part of the Trump administration’s proposal to boost ethanol are getting low marks from corn farmers and ethanol advocates.
Read moreRural Economy Hovers Above Growth Line
Creighton University has released its October report of the Rural Mainstreet Index, and it offered a glimmer of positivity for
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Crop Prices Surge on Prospect of Trade Truce with China
It’s a “tremendous deal for the farmers,” President Trump Bloomberg reported Friday that soybean futures had jumped to the highest
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Sponsors Support Convention
The Association, like its member companies, strives to deliver the best product it can for the greatest value. In our
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EPA, USDA Announce Agreement on Promoting Biofuels
“The Farm Equipment Manufacturers Association is pleased to see integrity returned to the Renewable Fuel Standard. No other sector in
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Busch Stadium transformed into a golf course?
The weekend prior to our fall Marketing & Distribution Convention, Stadiumlinks, which turns sports stadiums across the country into golf
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Association Partners with ASABE to Provide Resources, Advocacy for Members
Manufacturing members of this Association who do not belong to ASABE are entitled to a CD or USB card that contains 275 current ASAE/ASABE standards, engineering practices, and data. This is a $650 value, and it is only part of what the Association offers members in standards advocacy and resources.
Read moreIowa Judge Allows Environmental Activists’ Suit to Proceed
A judge in Iowa ruled last week that an environmental lawsuit brought against the state will move forward. The suit claims the state has violated the rights of citizens to clean water for recreational and drinking water uses.
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