The RoundUp Newsletter

4-9-2024 | Biweekly eNewsletter

Do you have a news story from your dealership that you want to share with your fellow dealer members? Email the details to us at marketing@ineda.com!

Deadline Approaching for the 2024-2025 Andrew Goodman Scholarship Applications

The Iowa-Nebraska Equipment Dealers Association (INEDA) is pleased to announce that the application period for the 2024-2025 Andrew Goodman Scholarship is now open. The deadline to apply is Monday, April 15, 2024.

The 2024 Iowa District Meetings are One Week Away – RSVP Today!

These meetings are designed for you and members of your dealership team to network with your fellow equipment dealers and discuss current issues affecting our industry. Thank you for being an INEDA member! The Iowa meetings are April 15-18. Please got to our website to learn more and to register!

HTS Ag Named Precision Farming Dealer’s 2024 Most Valuable Dealership

The 2024 recipient of Precision Farming Dealer’s 12th annual Most Valuable Dealership award is HTS Ag, founded in 1995 with 6 locations across Iowa.

HTS stands for high tech solutions, which are exactly what the dealership has delivered to farmers in the Hawkeye State and beyond since well before precision agriculture was considered mainstream. It currently sells Ag Leader, OPI Grain Management, DJI, Autel and Hylio products.

New Holland Adds 3 New Compact Wheel Loaders to its Lineup

Engineered for comfort and performance, the new units feature a comfortable cab, technology enhancements, durable components and compatibility with more than 250 attachments to tackle a wide range of tasks, the company says.

“The development of these advanced CWL models was driven by our goal to enhance the operator and owner experience and the need to put more options with more versatility in their hands,” says Dan Kakareka, product manager for New Holland Construction North America. “What’s also evident with the three new models is how they provide exceptional stability, enabling operators to handle larger loads with ease, maneuver confidently in challenging conditions and enjoy smoother travel, even on rough terrain.”

Hitachi's New ZW310-7 Wheel Loader Hits the Market

Orders are now being accepted by select authorized dealers of Hitachi Construction Machinery Americas for the new ZW310-7 wheel loader.

The 27-ton loader is part of the new ZW-7 series and includes several features designed to boost operator comfort to improve productivity. The loader will be available in either a base or premium model.

AGCO and Trimble Close Joint Venture, Now Named PTx Trimble

AGCO Corporation (NYSE: AGCO) and Trimble (Nasdaq: TRMB) today announced the closing of their joint venture (JV) transaction. The JV, known as PTx Trimble, combines Trimble's precision agriculture business and AGCO's JCA Technologies to form a new company that will better serve farmers with factory fit and retrofit applications in the mixed-fleet precision agriculture market.

AGCO has acquired an 85% stake in PTx Trimble, and Trimble will hold a 15% stake. Going forward, the PTx Trimble JV will be consolidated into AGCO's financial statements.

"Farmers worldwide need technologies that support them to be more productive and profitable while minimizing the environmental impact of their operations," said Eric Hansotia, AGCO's Chairman, President and Chief Executive Officer. "PTx Trimble will provide farmers greater access to next-generation precision ag tools, no matter what brands of tractors and implements they operate."

Baltimore Port Reopening Timeline Set; Divers Battle Murky Waters

As crews begin to remove containers from the cargo ship and the remains of the I-695/Francis Scott Key Bridge the ship hit, the U.S. Army Corps of Engineers has released a timeline for cleaning up the underwater wreckage and reopening the Port of Baltimore.

According to the corps, an estimated 50,000 tons of steel and concrete are lying underwater – some of it sunken 4 to 5 feet in the muddy river bottom – equal to about 3,800 fully loaded dump trucks. Some of the debris has rested on top of the cargo ship Dali, where the crew has remained stuck since the bridge collapse March 26.

Sold! 230-Acre Iowa Century Farm Brings Nearly $4 Million at Auction

A 229.95-acre Grundy County, Iowa, farm that has been owned by the same family since plows first broke the prairie in the early 1870s sold at auction March 20 for nearly $4 million.

The century farm is historically significant in Iowa; it is also some of the highest quality cropland in the state. More than 91 acres, or 40% of the land, has a perfect 100 Corn Suitability Rating (CSR2). The overall weighted average for the land is 95.2.

U.S. Drought Area Smallest Since 2020

The National Oceanic and Atmospheric Administration reported Tuesday that “after a wet winter and early spring across much of the country, drought across the continuous United States had decreased to around 18% by the end of March, down from 20% at the end of February, and from about 36% at the beginning of winter.”

“This is the least amount of drought across the country since May 2020,” NOAA said.

Nebraska Sorghum Plantings May Be on Rise

There was some movement compared to year-ago levels in the 2024 Nebraska prospective plantings report, which was released March 28 by the USDA National Agricultural Statistics Service.

Corn growers were planning to plant 9.85 million acres. That’s down 1% from last year. Soybean plantings were expected to be up by 1%, at 5.3 million acres.

But grain sorghum took a giant leap in prospective plantings, with intentions up to 400,000 acres — an increase of 18% over last year. Last year’s report showed sorghum growers’ intentions to plant only 260,000 acres, which was down 19% from 2022.

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

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