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Special Report

How Dealers Deal with Ag's Business Cycles

With the exception of 2009 — a year that, in retrospect, wasn’t all that bad for sales of farm machinery — dealers have experienced 5 remarkable years of consistently strong unit sales. This has surprised many dealers, even the most optimistic ones. A Colorado dealer told Farm Equipment recently, “I’ve lived through two bad cycles (in the 1980s and ‘90s) so I’m really enjoying this one.”
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CNH-Fiat Announce New Company Name

Fiat Industrial S.p.A. (FI.MI) and CNH Global N.V. CNH +2.52% announced today that the name of the Fiat Industrial subsidiary, FI CBM Holdings N.V., into which Fiat Industrial and CNH are proposed to be merged, will be changed to CNH Industrial N.V. ("CNH Industrial").
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Hoober, Inc. Now Open in Ashland & Wakefield

Hoober, Inc., an agricultural equipment dealer with locations in Pennsylvania, Delaware, and Maryland, officially opened two locations in Virginia on June 1 with the conversion of the former Cavalier International stores in Ashland, VA and Wakefield, VA to Hoober, Inc. locations.
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Market Factors Have Shifted U.S. Crop Acreage Toward Corn and Soybeans Over the Last Decade

Over the last decade, the amount of U.S. acreage devoted to corn and soybeans has expanded while area of other field crops, such as wheat, hay, rice, and cotton, has tended to decline. The magnitude of these shifts varies regionally, with the Midwest and Plains States showing the biggest gains in corn acreage, while the Plains, Atlantic and Southern regions all show growth in soybean acreage that combine to offset a decline in soybean acreage in the Midwest.
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Agritech Business Barometer Reports Manufacturers' Optimism for Ag's Near Term

Manufacturers of agricultural machinery are optimistic about near-term business expectations in most parts of the world, according to the Agritech Business Barometer from the Agrievolution Alliance. The alliance is a global coalition of agricultural equipment manufacturing associations that work to advance member companies interests in industry issues, data exchange and public policy on a worldwide basis.
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