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EDA Announces New Board Chairman

ST. LOUIS, MO (October 24, 2019) – The Equipment Dealers Association (EDA) is proud to announce the election of their new Chairman of the Board, Ivan Dorhout.  Ivan has served on the Board of Directors since 2015 and was elected Vice Chairman in 2018.  Ivan is replacing Tom Rosztoczy and will serve two years as… Read More »

Secretary Perdue Statement on Administrative Actions to Streamline H-2A Process

(Washington, D.C., September 20, 2019) – U.S. Secretary of Agriculture Sonny Perdue issued the following statement highlighting actions announced by the Department of Labor (DOL) which will modernize the burdensome H2A visa process. First, DOL published a common-sense rule that eliminates the requirement to advertise a job opening in print newspapers instead shifting to advertising… Read More »

Equipment Dealers Win with New IRS Development

LOUIS, MO (September 17, 2019) – The Equipment Dealers Association praises the IRS’ final and proposed regulations that clarify bonus depreciation and interest expense for dealerships with floor plan financing. “To the extent that overall interest expense, including floorplan interest, is below 30% of adjusted taxable income, a dealership will be eligible to take 100%… Read More »

Volume of Prevented Plant Acres Could Hit Ag Equipment Sales

There’s little doubt that the volume of prevented plant acres will impact the sale of farm machinery for the remainder of 2019 and possibly into 2020. The effects of the poor planting weather that resulted in very late planting or prevented planting of corn and soybeans earlier this year throughout much of the Midwest is… Read More »

Secretary Perdue Announces Kansas City Region as Location for ERS and NIFA

Move puts ERS, NIFA closer to customers, expected to save nearly $300 million nominally (Washington, D.C., June 13, 2019) – U.S. Secretary of Agriculture Sonny Perdue today announced the U.S. Department of Agriculture (USDA) will relocate the Economic Research Service (ERS) and National Institute of Food and Agriculture (NIFA) to the Kansas City Region. “Following… Read More »