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6-22-2021  |  Biweekly eNewsletter
the Round Up. Serving Ag, Construction, and Outdoor Power Equipment Dealers Across Iowa and Nebraska
 
Financing Ag Equipment? Ask for Ag Direct! Learn More.
 
Manufacturer and Dealer News
 
 
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced that it has entered into an agreement to acquire 100% of the capital stock of Raven Industries, Inc. (NASDAQ: RAVN), a US-based leader in precision agriculture technology for US$58 per share, representing a 33.6% premium to the Raven Industries 4-week volume-weighted average stock price, and US$2.1 billion Enterprise Value.
 
Xtreme’s new XR1585-C reaches higher than any other fixed-boom telehandler in the world.
 
Manitou has consolidated its attachments brands under one name. Manitou Attachments Group will now cover all Manitou and Edge attachments for construction, agriculture, mining and logistics equipment. That includes telehandlers, compact loaders, articulated loaders, backhoes and forklifts manufactured by the group’s three brands: Manitou, Gehl and Mustang by Manitou.
 
 
Industry News
 
 
A new broadband mapping tool released by the White House Thursday shows the need for rural broadband. The Indicators of Broadband Need map indicates areas of need by marking them red.
 
Data from the Illinois Farm Business Farm Management Association (FBFM) for 2011 through 2020 was used to analyze selected differences between the highest profit grain farms (high one-third) and the lower profit grain farms (low one-third). The analysis was done for 2020 and for the 2011 through 2020 ten-year average. Farms in the higher profit group were larger, had higher corn yields, crop shared a larger percent of their acres, and had higher gross returns and lower costs. Management returns, a profit measurement, was significantly greater for the higher profit farms.
 
Indigo Agriculture, a company with a mission to harness nature to help farmers sustainably feed the planet, today announced plans to unveil a new brand identity for its carbon farming program: Carbon by Indigo. The refreshed identity will officially debut at the inaugural "Carbon Farming Connection" learning session on June 23. The session will bring together farmers with private industry and scientific experts supporting the development of a robust global market for agricultural carbon credits.
 
Trimble (NASDAQ: TRMB) and Randall-Reilly LLC ("Randall-Reilly") announced today that Randall-Reilly, a leading B2B data and analytics platform for transportation, construction, agriculture and other industrial markets, has entered into a definitive agreement to acquire Trimble's Iron Solutions business. The transaction is expected to close in the third quarter of 2021. Financial terms were not disclosed.
 
Association News
 
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INEDA Calendar of Events

Nebraska Legislative Meeting & Golf:

June 22 | York Golf & Country Club

 
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Iowa-Nebraska Equipment Dealers Association
8330 NW 54th Ave
Johnston, Iowa 50131

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