With the approval by Congress extending the $500,000 Section 179 capital assets depreciation limit and enhanced bonus depreciation, now is the time to take advantage of year end tax savings on farm equipment. The Section 179 tax deduction, which allows farmers and small businesses to immediately write off the full price of up to $500,000 in capital assets purchases instead …
Agritechnica Awards New Holland Machine of the Year
At Agritechnica 2015, New Holland Agriculture’s new T7.315 tractor was crowned with the coveted “Machine of the Year” 2016 in the large tractor category. The title is bestowed by a jury of 19 journalists representing leading European agricultural publications. The machine was rewarded for its technical innovation and the benefits it brings to customers, with selection criteria focusing on innovative …
Updates from Case IH at #NAFB15
The Case IH team was out in full force for the 2015 NAFB Trade Talk in Kansas City. One highlight for the well-known equipment company is their 20-year anniversary of tracks on their Steiger tractor. Mitch Kaiser, marketing manager for the Steiger tractor line, said the 2016 enhancements set the bar for high performance, operator experience and all around improvements. …
Book Review: Red Combines
It’s Cyber Monday, and so here is another gift idea for agriculture lovers: Red Combines. Authored by Lee Klancher, the beautiful tome visually and artistically details the history of the entire line of International Harvester and Case IH red combines from 1915-2015. Other elements of the book include how the red combine has impacted both agriculture and society throughout the …
Update on John Deere Acquisitions
Earlier this month John Deere announced a couple of big acquisitions that include Precision Planting and Monosem. During the NAFB convention I got an update on those from Barry Nelson. The Monosem purchase allows John Deere to expand their planter lineup on a truly global basis when included with the Precision Planting purchase. The brand names will be continued according …
Survey Says Ag Machinery Market Still Weak
Agrievolution Alliance recently released their fall survey of more than 6,000 manufacturers worldwide showing the majority believe the market is still weak. The report shows a 3 point decline from their April report. China and India buck the trend, showing positive growth in agriculture equipment manufacturing. For other countries, results show no clear future trend. Taking new orders as future …
Book Review & Contest – Combines with Casey & Friends
There is a new strategy this year for “Black Friday” that I’m coining “StayFriday” where one does his/her holiday shopping from home. And today I’m offering up a great gift idea that you can purchase online for the little ones in your life: “Combines” written by Holly DuFek and illustrated by Paul E. Nunn. What better way to review a …
Bipartisan Bill Helps Farmers & Machinery
U.S. Senators Pat Roberts (R-KS) and Amy Klobuchar (D-MN) have introduced bipartisan legislation, supported by both the American Farm Bureau Federation and the National Farmers Union, to help farmers purchase new equipment and replace worn-out machinery by amending the U.S. tax code to permanently set a five-year depreciation schedule for certain agricultural equipment. The current tax code sets a seven-year …
Check out the My New Holland Mobile App
Our phones are king and we get loads of information through them and now you can access additional agriculture information via New Holland’s My New Holland app. My New Holland is a personalized space for New Holland customers and a user can access instructional videos, operating and maintenance tips from New Holland product experts, educational white papers, and more. “Our …
MachineryLink Becomes MachineryLink Solutions
MachineryLink continues to better serve growers with new products and services. Now they are announcing the addition of MachineryLink Sharing to that list. The site is agriculture’s first peer-2-peer online sharing community. Growers, retailers, and professionals can list their equipment for use during its idle-time and see what others are sharing when they need assistance. “People helping people is what MachineryLink …