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11-10-2020 BiWeekly eNewsletter of the Iowa-Nebraska Equipment Dealers Association
Equipment News
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FREE Webinar This Thursday–

Few things are more overwhelming to dealers than figuring out the “magic” formula to compensate your people. Owners understand that the right people make all of the difference, but how do you calculate how much you can pay the “right people”? Join Rural Lifestyle Dealer and Bob Clements, President of Bob Clements Intl. for the free webinar, Compensating Your People and the Importance of Salary Caps. Clements will walk you through how to determine what you can compensate each employee and how to effectively use salary caps to keep your payroll in line in each department. The presentation will be followed by a Q&A session, giving you the opportunity to follow up on anything addressed during the webinar.

Nov. 12 | 2:00 pm | Register

 

Lely North America Breaks Ground on New Campus – Farm Equipment

In 2019, Lely announced plans for its new North American campus, furthering its commitment to Pella, the state of Iowa and the dairy producers across North America. The groundbreaking ceremony took place Oct. 22 at the company’s new location. The new campus expects to be open in the first quarter of 2022. [More]

 

Hardi & Equipment Technologies Announce Manufacturing Consolidation – Ag Equipment Intelligence

The cooperation will allow both companies to add to their distribution networks, which will improve customer access to both parts and service support by increasing the number of retail outlets stocking parts and having more trained and motivated staff ready to help. [More]

 

Final State Bridge Replaced Following Nebraska’s Floods of 2019 – Equipment World’s Better Roads

A year and a half after catastrophic flooding took out 27 bridges on Nebraska’s State Highway System, the last of the damaged spans has been replaced with a permanent structure. [More]

 

Raised Revenue Projection Means Tax Relief Program Could Get Boost – Omaha World-Herald

Nebraska's new property tax relief program could start growing right away if future state tax revenue matches projections. The state's revenue forecasting board increased its projections enough to potentially trigger an $86 million bump in the amount of money devoted to the new income tax credit for property taxpayers. [More]

 

Coronavirus Payments to Farmers Near $18 Billion – Successful Farming

The Trump administration wrote $7.6 billion in coronavirus checks to farmers in the past four weeks, pushing the total for relief payments to nearly $18 billion since the pandemic struck in the spring. The payments account for half of the record-large federal supports being paid to agriculture this year. [More]

 

Ag Barometer Rises to Record High, Improving Financial Conditions – FEMA

The Purdue University/CME Group Ag Economy Barometer rose 27 points to a reading of 183 in October and set an all-time high for the index. Farmers were more optimistic about both the future and current financial situations on their farms. [More]

 

Robust U.S. Economy, Higher Commodity Prices In 2021, Says USDA – Successful Farming

A resurgent U.S. economy will grow at its fastest pace in two decades after this year’s coronavirus slowdown, helping to boost commodity prices almost across the board, said the USDA in its first projections for 2021. [More]

 

 
 
 
 

 

 

 

 

 

 

 

December 8-10, 2020

 

February 2-4, 2021

 

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