AGCO Corporation provided updates regarding the growth plan for its North American distribution network today. AGCO embarked on an ambitious plan in聽North America聽in 2022 to transform and expand its North American dealership network to meet growing farmer demand and ensure comprehensive access and superior customer experiences of its popular brands and services. Recent updates in its North American network include expansions in聽Missouri聽and聽Wisconsin聽by experienced AGCO dealers Brookfield Tractor, Parallel Ag, McFarlane Manufacturing Company and Vanderloop 婷婷激情五月天.

Dealer territory updates in Missouri and Wisconsin will help provide full access throughout both states to AGCO’s popular brands and services, including those from Fendt, Massey Ferguson and PTx. This expansion is the result of an agreed-upon transition with Ziegler Ag 婷婷激情五月天, which has made the decision to strategically consolidate and remain focused on its services in the Minnesota, Iowa and northwest Missouri markets.聽

Existing AGCO dealerships will expand their services to support previous Ziegler Ag 婷婷激情五月天 customers in central Missouri and southern Wisconsin. Specifically:

• Brookfield Tractor and Parallel Ag will expand their services in聽Missouri聽from locations in聽Brookfield,聽Marshall聽and聽Montgomery City; and
• McFarlane Manufacturing, Parallel Ag and Vanderloop 婷婷激情五月天 will similarly expand services in聽Wisconsin.

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Tittl stated that the bill 鈥渁llows buyers of defective farm equipment to get their money back if a defection in the equipment has been subject to repair at least four times and continues to exist鈥�.

The bill was designed similarly to the 1984 Wisconsin Lemon Law in place for cars, trucks, and SUV鈥檚.

There are currently ten other states that already have similar lemon laws for agricultural machinery, including Illinois and Minnesota.

Tittl explained that the idea of the bill is credited to Tom Freis, a local farmer who spent roughly $40,000 on repairs attempting to get his tractor to work, yet never was able to do so.

Freis testified in favor of the bill in Madison and was accompanied by Attorney Patrick DeWayne who was 鈥渋nstrumental in the creation of the automobile lemon law in 1984.鈥�

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Exports of U.S. dairy to China dropped by more than 50 percent in 2019, according to CNBC. The dairy industry is also facing competition from alternative products such as almond, rice, and soy milk.

In related news, Borden Dairy Co. filed for bankruptcy earlier this month, becoming the second major U.S. milk producer to do so in recent months. The filing comes less than two months after Dean Foods Co. filed for Chapter 11 in Houston.
Sources: The National Memo, Bloomberg