5 Regional Dealer Associations Recommend Opposing Proposed EDA Merger‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
11-27-2022  |  Biweekly eNewsletter
The Round Up
 
In The Spotlight
 

The joint boards of the Equipment Dealers Association (EDA), the Midwest-South Eastern Equipment Dealers Association (MSEDA), the United Equipment Dealers Association (UEDA) and the Western Equipment Dealers Association (WEDA) have voted to move forward with a proposal that would consolidate the four associations. This action is the first step towards consolidating which requires a vote by dealer members of each association, which should be completed in spring 2022.

 

The Boards of Directors of half of the equipment dealers associations in North America believe this is a fundamentally flawed concept that will diminish the ability of EDA to carry out its primary mission, which is to address our industry’s National concerns.

“It is important to their organization to have a strong national voice for dealers,” said Mark Hennessy, president and CEO of the Iowa-Nebraska Dealers Association (INEDA). “However, at this point INEDA wants to see how the consolidation plays out.”

 
Designed for Maximum Productivity
 
Manufacturer and Dealer News
 

Deere & Co. announced the acquisition of AgriSync, the customer service platform for agriculture equipment dealers, on Dec. 1.

 
Even after $300 extra federal unemployment checks came to an end nationally Sept. 6, job applicants—qualified or just barely breathing — didn’t come pouring through employers’ doors. On farms, at the manufacturing plants and in farm equipment dealerships, workers are scarce despite signing bonuses, higher starting wages and additional benefits.
 
Because of COVID and a perfect storm of other factors including a release of pent-up demand for replacement machinery that started a year ago intersecting with a massive shortage of manufacturing components, agriculture suffered through one of its most severe shortages of machinery since World War II.
 
Discover the latest life insurance topic impacting business leaders.
 
Industry News
 
The first week of the new year could be a big one for several agricultural groups and stakeholders. The Supreme Court will likely hear several high-stakes cases that could affect America's farmers and ranchers.
 
Albaugh, LLC of Ankeny, Iowa ("Albaugh") and Rotam AgroSciences Limited ("Rotam"), a company headquartered in Hong Kong and publicly listed on the Taiwan stock exchange, announce that they have entered into an agreement under which Albaugh will acquire all outstanding shares in Rotam through a merger between the holding company of Rotam and an entity in the Albaugh group of companies.
 
The farmdoc daily article of December 20, 2021 posits that the US Federal debt is not likely to have a major impact on Federal policy and spending unless Federal outlays for interest substantially increase as a share of all Federal outlays.
 
Calendar of Events
 
Iowa Ag Expo. February 1-3, 2022 at the Iowa Events Center in Des Moines, IA
 
 
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Iowa-Nebraska Equipment Dealers Association
8330 NW 54th Ave
Johnston, Iowa 50131

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