Click here if you'd like to take the June 2024 News IQ quiz before viewing the answers below.
Q: Which two John Deere dealer groups announced plans in early June they’d be joining together, effective July 31?
A: Agland & Martin Deerline. Martin Deerline and Agland announce they will merge operations effective July 31, 2024, subject to necessary approvals and due diligence. Both operations have complimentary goals, cultures, and a shared vision.
Q: What did the June 11 release of Purdue’s Farmer Sentiment Survey report for farmer confidence in May vs. April?
A: Up 9 points. The May reading of the Purdue University-CME Group Ag Economy Barometer came in at 108, up 9 points compared to April.
Q: What implement manufacturer did investment group Kinperium Industries acquire effective June 3?
A: Hiniker Co. Kinperium Industries Inc. is pleased to announce the acquisition of Hiniker Company, a well-respected manufacturer of snow and ice management products and agriculture attachments effective June 3, 2024.
Q: Which tractor OEM announced on June 4 that it was making its biggest investment in history via a new $500 million U.S. tractor plant?
A: JCB. JCB announced June 4, a new $500 million factory in San Antonio, Texas – the biggest investment in the company’s history.
Q: Whic of these implement manufacturers was NOT part of a new new parent company entity known as Superior Farm Equipment on May 30?
A: Vaderstad. Following the acquisition of Morris Equipment Ltd. (Morris) by Rite Way Mfg. Co. Ltd. (Rite Way) in March 2021, the companies are proud to announce the launch of a new parent company, Superior Farms Equipment Ltd. (SFE).
Q: What AI-enhanced spray equipment manufacturer partnered with 6-store dealer Campbell Tractor to introduce a new high-precision sprayer to the western U.S.?
A: Ecorobotix. Campbell Tractor Co., a long-standing John Deere dealer since 1940, has partnered with Ecorobotix to introduce the ARA ultra-high precision sprayer to Idaho and Oregon.
Q: Which irrigation firm announced a record $100 million revenue project to provide irrigation systems and remote management overseas?
A: Lindsay Corp. Lindsay Corporation announced that it has entered into a multi-year supply agreement to provide Zimmatic irrigation systems and the Company's FieldNET remote management and scheduling technology in the Middle East and North Africa region.
Q: What fast-growing dealer's CEO was recently announced as a speaker at the upcoming Dealership Minds Summit in Madison, Wis. about the leadership and management needs of growing into noncontiguous territories?
A: Ag Technologies Solutions Group. Skip Klinefelter is making his first return to the Dealership Minds Summit. In this can’t miss Keynote session, Klinefelter shares what he has learned as a business leader about growing the business and its next generation of leaders.
Farm Equipment News IQ is brought to you by Fastline Marketing Group.
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