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Congress Expected To Waste No Time In Debating Farm Bill
Indications are that legislators will waste no time in taking up the farm bill drafts on both the Senate and House floors. The version approved by the Senate Agriculture, Nutrition and Forestry Committee on Tuesday was introduced later that day on the Senate floor as S. 954.
AgriMarketing – 5/17/2013

Study: Ag Contributes $37.9 Billion to Indiana Economy
Agricultural industries contributed $37.9 billion to Indiana's economy in 2011, according to a new report from Indiana University's Kelley School of Business.
US Ag Net – 5/17/2013

25,000th Large Square Baler is Built in Hesston, Kansas
In 1978, Hesston Corporation introduced the Model 4800, the industry's first large square baler, revolutionizing hay production and feeding practices at a time when labor availability and fuel prices were driving a need for innovations on the farm. Big square balers have come a long way since then, and on May 16, 2013, a large crowd gathered at AGCO's Hesston Operations to celebrate the 25,000th large square baler built in Hesston, Kan.
Farm Equipment – 5/17/2013

House Agriculture Committee passes new farm bill
After several long hours of debate, the House Agriculture Committee passed a new five-year farm bill, H.R. 1947, late tonight by a 36-10 vote margin. The measure reforms or eliminates more than 100 programs, including the elimination of direct payments that have been the mainstay of the farm safety net for almost two decades.
AgriPulse – 5/16/2013

Mahindra USA Announces 2013 Women in Ag Scholarship Winners
Mahindra USA, Inc. is proud to announce the winners of its 2012 / 2013 scholarship program benefiting young women studying agriculture, the "Mahindra Tractors' Women in Ag Scholarships." Since 2007, Mahindra USA has sponsored the Women in Ag Scholarship Program to recognize the important role that women play in the future of the agricultural industry.
Farm Equipment – 5/16/2013

Deere's Sales, Net Up 9% in 1st Half
Net income attributable to Deere & Company was $1.084 billion, or $2.76 per share, for the second quarter ended April 30, compared with $1.056 billion, or $2.61 per share, for the same period last year. For the first six months of the year, net income attributable to Deere & Company was $1.734 billion, or $4.41 per share, compared with $1.589 billion, or $3.91 per share, last year.
AgriMarketing.com – 5/15/2013

Mutual Fund Now Owns 12% Of CNH
During the fourth quarter of 2012, Southeastern Management, a large mutual fund managed by billionaire Mason Hawkins, initiated a position of 1.5 million shares in CNH Global, a $10 billion market cap manufacturer of farm and construction machinery.
AgriMarketing – 5/15/2013

CNH Invests $13 Million in New Parts Facility
CNH Parts & Service, the product support division of agricultural and construction equipment maker CNH Global N.V., has announced plans to invest more than $13 million to equip and lease a new facility at 210 South Enterprise Drive in Lebanon, Ind., in the Lebanon Business Park. Once fully operational and staffed, the new facility is expected to support 100 new area jobs.
Utility Contractor – 5/14/2013

Fiat Industrial Opens Argentine Plant
Fiat Industrial has opened a new agricultural machinery and engine plant in Córdoba, Argentina. The investment is part of a U$ 130 million plan the company announced in 2011.
Diesel Progress – 5/13/2013

U.S. Small Tractor Sales Up 6%, Combine Sales Soar
According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors in the U.S. for April, 2013, were up 6% compared to the same month last year.
AgriMarketing – 5/13/2013