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2. Legislation to reduce the depreciation period for ag equipment introduced I am pleased to join Earl Pomeroy and groups like the Farm Bureau, equipment dealers and manufacturers in supporting this important legislation to allow growers to write-off agriculture equipment faster. While construction and agriculture equipment are often interchangeable, tractors used in construction have a shorter, 5-year depreciation schedule yet backhoes used on farms remain on a seven-year depreciation schedule. In this bill, Congress revised the tax treatment for equipment used...
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3. Farming doesn't reap many rewards, Algoma farmers, StatsCan agree Farming doesn't reap many rewards, Algoma farmers, StatsCan agree Elaine Della-Mattia Local News - Thursday, May 17, 2007 Updated @ 7:15:00 AM Algoma farmers are harvesting the same problems as their counterparts across Canada, according to a Statistics Canada snapshot of Canadian agriculture. Farming doesn't reap many rewards, Algoma farmers, StatsCan agree Elaine Della-Mattia Local News - Thursday, May 17, 2007 Updated @ 7:15:00 AM Algoma farmers are harvesting the same problems as their...
Source • Sault Star,Canada •
4. Boy, father hurt in tractor mishap Police believe the boy climbed onto the tractor, started it with the transmission engaged and then tried to get off when the tractor began to move. The father ran to help the boy but slipped causing the rear tire to run over both of them, leaving them with critical head and chest injuries. The accident occurred Wednesday afternoon near Durham.
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5. Outlook dents Deere's shares farm economy is fueling a rebound in sales at the company's flagship agricultural-equipment group, the housing market's collapse is putting pressure on Deere's sales of construction equipment. Deere said agricultural-equipment sales gained 14 percent, to $3. The upside earnings performance in the second quarter "came from execution" at the company, rather than a strong recovery in agricultural equipment volumes, he said. Deere said the latest results reflect the profit-margin contribution...
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6. NC Machinery/Caterpillar to Sponsor WoO Event at Skagit Speedway Caterpillar is the worlds largest supplier of industrial and agricultural machinery. This event will feature the World of Outlaws Sprint Series August 24th & 25th at Skagit Speedway. NC Machinery's General Manager, Rick Circle added "This is a great event for our company to showcase our products. The demographics the World of Outlaws bring to Skagit Speedway are just what we are looking for" Sales Manager Terry Albright commented " We have a lot of customers that go to Skagit Speedway and...
Source • WhoWon.com,NE •
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