Industry News

Vermeer unveils first-of-its-kind self-propelled baler prototype

Back in the early 1970s, Gary Vermeer designed his first round baler — then called the "One Man Hay System" — to help meet the needs of farmers struggling to find adequate labor. That challenge isn't going away anytime soon.

At Husker Harvest Days, Vermeer unveiled a first-of-its-kind, self-propelled round baler prototype. The prototype, called the ZR5, was borne from discussions surrounding a lack of available labor in the ag world, and the demand for a baling setup that could maneuver in tight corners and adapt to varying crop conditions, notes Mark Core, executive vice president and CMO at Vermeer. Read more

The Concrete Works Featured in U.S. Rep Smith Agri-Business Tour of Missouri

WASOLA, MO – Congressman Jason Smith stopped at Concrete Works in Ozark County to see firsthand what this unique and successful agribusiness produces. Owners Sean and Cleta Sweeney founded Concrete Works in 1990 and from humble beginnings have grown to be a major supplier of pre-cast concrete feed bunks and water tanks for the nation's livestock producers. They also operate a small organic farm to showcase their products.

"Concrete Works is an excellent example of the diversity of agribusiness in Missouri," said Congressman Smith. "This agribusiness is particularly unique because they have designed their concrete mix specifically to withstand the wear and tear that comes along with agricultural and commercial use." When asked to list some keys to the company's success, Sean answered "experience". "Experience with our product, with our vendors and with our customers for almost 3 decades. Read more

Managing Farming Changes and Challenges Workshops at 3i SHOW

The Institute for Rural America announces two new farmer presentations at this year's 3i SHOW on Friday, October 13. Farm Bill, Tax and Legal Issues will begin at 1:00 p.m., followed by Working through Times of Turbulent Change in Agriculture at 2:30 p.m.

Roger A. McEowen, Kansas Farm Bureau Professor of Agricultural Law and Taxation at Washburn University School of Law in Topeka, Kansas, will present on the new Farm Bill, Tax and Legal Issues. The legal environment in agriculture is constantly changing. This presentation will provide a current perspective on the Farm Bill, tax and other legal issues facing farmers in difficult times. Besides a current update, Roger will answer questions. Read more

AGCO to Acquire Precision Planting

Three and a half months after Monsanto canceled its deal to sell Precision Planting to John Deere, AGCO has signed a definitive agreement to acquire Precision Planting from The Climate Corp., a subsidiary of Monsanto.

This is the most significant acquisition AGCO has made in the last decade, as it will likely make waves in the market and AGCO will now have an entry point into the high-speed planter market.

Greg Peterson, director of investor relations at AGCO, anticipates the deal will be finalized during the third quarter. He stresses that in the short term, nothing will change in terms of the distribution network. In addition, Precision Planting equipment will still be available for other brands of planting equipment. Read more

Business Opportunity

We are looking for a company to manufacture and market our product. Our take would be 5% per unit sold. You handle the marketing and manufacturing. We supply the blue print and demo. We hold the patents to the product. THE COLLINS RAKE - ONE-PASS RAKE & BALE (RAKE MOUNTED OUT FRONT)

Lets you rake and bale in one pass. Rake attaches to a tractor's front-end loader.

With rising fuel prices, Willard Collins, New Albany, IN, wanted to help farmers lower costs.

That's why he created the "Rake & Roll". It lets you rake and bale round bales simultaneously. "You use half the fuel, half the tractor time, and half the operator time - all of which saves farmers money!" Read more

Ag Leader's Industry-Leading Yield Monitor Simplifies Collecting Quality Yield Data

Ames, Iowa, August 1, 2017 - The company that introduced the first commercially-successful, on-the-go yield monitor 25 years ago is building on its mission of empowering growers to collect actionable data for decision making. Its total-farm line of InCommand™ displays will feature new efficiency gains during harvest, which includes a simplified calibration process requiring fewer calibration loads, as well as on-screen resettable bushel counters. Read more

FDA Authorizes Qualified Health Claim for Soy Oil

NEW CLAIM ADDS ADVANTAGE FOR U.S. SOYBEAN FARMERS WITH FOOD INDUSTRY

Soybean oil can be part of a healthy diet. Now soybean farmers – and food manufacturers alike - can proudly tout its heart-health benefits. Thanks to a petition for a qualified health claim just authorized by the U.S. Food and Drug Association (FDA), soybean oil – and products containing soybean oil – can use a heart-health claim on packaging, menus and more. Read more

AGCO Congratulates Former Georgia Governor Sonny Perdue on Appointment as the United States Secretary of Agriculture

AGCO (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, congratulates the Honorable Sonny Perdue on his recent appointment as the United States Secretary of Agriculture. As Secretary of Agriculture, Mr. Perdue will provide oversight of a department with far reaching responsibilities including providing leadership on food, agriculture, natural resources, rural development, nutrition and related public policy issues.

"We are excited that the former governor of our home state of Georgia was selected for this position," said Martin Richenhagen, Chairman, President and CEO of AGCO. "Sonny Perdue has been an advocate for farmers and agri-business his entire career and his expertise and personal experience will be a great asset in supporting a brighter future for American farmers and agri-businesses like AGCO who are working to feed a growing world population."

AGCO
www.agcocorp.com

AGCO Parts Connects with Local Community

SUCCESSFUL TOUCH-A-TRACTOR EVENT HOSTED THOUSANDS OF RESIDENT ATTENDEES.

AGCO Parts, a division of AGCO (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, partnered with the Kane County Farm Bureau Foundation for the 12th annual Touch-A-Tractor event earlier this month. AGCO Parts employees volunteered at the event, which attracted approximately 3,000 visitors. Read more

Deere Emphasizes Importance of Precision Agriculture Despite Termination of Acquisition

Deere & Company (NYSE: DE) announced it was informed by Monsanto Company that it has chosen to terminate a 2015 agreement for Deere to acquire the Precision Planting LLC business.

"We are deeply disappointed in this outcome as we remain confident the acquisition would have benefited customers," said John May, President, Agricultural Solutions and Chief Information Officer. Read more