Content about Farm & Ranch

April 24, 2014

Sales of animal- and pet-related merchandise and winter seasonal items helped push up sales at Brentwood, Tenn.-based Tractor Supply Co. in the first quarter ended March 29. 

Net sales increased 9.0% in the quarter to $1.18 billion, up from $1.09 billion in the same quarter last year. Comparable-store sales increased 2.2%. 

Net income for the quarter increased 10.9% to $48.8 million, up from $44.0 million 

April 16, 2014

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April 2, 2014

Central Garden & Pet Company has purchased certain assets of Envincio LLC, a wholly owned subsidiary of SantoLubes LLC.

The purchase includes established brands, EPA registration assets, inventory and trade receivables.

“This acquisition will enable Central to be a key supplier and product innovator in the growing natural insecticides product market, often characterized as EPA-exempt products, as well as expanding offerings in traditional pesticides,” said Frank Jusich, SVP Professional Brands.

April 2, 2014

Tractor Supply Company is spreading the backyard hen gospel nationwide through a series of local Chick Days and other educational initiatives.

“Chickens naturally recycle food waste and they provide invaluable fertilizer for gardens,” said VP merchandise Marc Johnson. “What’s more, there’s not a better organic source of pest control than a backyard chicken. They naturally eat bugs, ticks, beetles and other backyard pests.”

March 31, 2014

Coleman Equipment of Bonner Springs, Kan., recently bought Scott’s Tractor & Equipment of Smithville, Mo., and O’Dell Tractor Company of Independence, Mo.

All of the staff at Scott’s Tractor has been moved to Coleman Equipment. Scott Kolbeck, owner of Scott’s Tractor, has accepted the position of Coleman Equipment Corporate sales manager. John Walker, salesman and assistant manager at Scotts for 13 years, has accepted the position of store manager for the Smithville location.

March 28, 2014

The Pacific Northwest farm and ranch retailer Coastal Farm & Ranch is using chicks to entice customers this weekend.

The 15-location retailer plans to give away thousands (one report puts the number at 6,000) baby chicks at its stores to customers who buy 25 pounds or more of chick starter feed.

Chick and chick-related products are one of the clear growth areas for distributors and retailers, based on showings at recent hardware and farm and ranch-focused distributor shows.

March 17, 2014

Tractor Supply Company has named Robert Mills SVP and CIO, succeeding James Callison upon his planned retirement. He will also serve on the company's Executive Committee.

March 12, 2014

Central Garden & Pet Company has introduced its new BioSpot Active Care brand, a line of proactive health and wellness products for pets.

BioSpot products, which are are branded with a "bold look for stronger on-shelf presence," include flea and tick solutions, supplements, millk replacers and other solutions for common health needs. These include a faster-drying Spot On flea and tick product for dogs and a yard spray that works for up to four weeks and controls more than 47 outdoor insects.

March 7, 2014

Albany, Ore.-based Coastal Farm and Ranch boosted its footprint to 15 Northwest locations with the purchase of three Big R stores.

Coastal’s three new locations are in the Oregon cities of Klamath Falls, White City and Redmond, formerly held by Tyrholm Big R, based in White City.

Terms of the deal were not released.

March 4, 2014

It’s not just Tractor Supply that’s riding a wave of growth in the sector for hobby farmers and backyard ranchers.

This is not an article about Tractor Supply.

But let’s face it. You can’t write about the farm-and-ranch retail sector without referring to the Brentwood, Tenn.-based giant either as a competitor or as a role model.

February 23, 2014

The first fiscal quarter of 2014 proved relatively constructive for The Toro Co.'s sales, but the equipment manufacturer backtracked in terms of net earnings.

Toro reported net sales of about $446 million for the three months ended Jan. 31, a 0.29% increase from the same period last year. 

Meanwhile, net earnings weighed in at $25.9 million, down from $31.4 million in the first quarter of 2013.

February 19, 2014

Art's Way Manufacturing, an Armstrong, Iowa-based agricultural machinery and equipment manufacturer, has hired Bryant Phillips as group VP.

Reporting directly to CEO Carrie Majeski, Phillips will be charged with overseeing the P&L operations for the Ohio Metal Working Products/Art's Way Inc., Art's Way Manufacturing International LTD, Art's Way Vessels Inc. and Universal Harvester by Art's Way Inc. divisions.

January 27, 2014

The Toro Co. is turning 100 this July, but plans are already under way for its year-long centennial.

In reflecting on the longevity of the company, Michael J. Hoffman, Toro’s chairman and CEO, cites “the character of our people and channel partners, and their relentless commitment to serving our customers and building market leadership through innovation.”

December 23, 2013

AGCO has announced the retirement of two of its SVPs, Randy Hoffman and David Caplan, effective Dec. 31.

"As highly respected business professionals in the industry, we extend our well wishes, appreciation and gratitude to Randy and David for their many years of inspirational leadership and personal dedication to AGCO," said Martin Richenhagen, chairman, president and CEO of AGCO. “Both men have left a lasting impact on the agricultural industry as well as supporting AGCO as a global leader in the market.”

December 4, 2013

Edible Garden, a hydroponic herb and produce subsidiary of Terra Tech Corp, has signed a distribution deal with Indianapolis-based Heartland Growers.

The move seeks to expand Edible Gardens' presence in the Midwest, with Heartland cultivating, packaging and shipping its full line of produce in the region.

December 3, 2013

After the Australian government blocked a $2.2 billion takeover bid by Archer-Daniels-Midland Co. (ADM), GrainCorp's CEO Alison Watkins resigned from her post at the Sydney, Australia-based grain handling company.

November 22, 2013

Having served since September 2007, Dr. Zhao Jiuran has resigned from Agria Corporation's board of directors, effective Nov. 19.

"We appreciate the substantial contributions made by Dr. Zhao to the success of Agria," said executive chairman Alan Lai. "His expertise in genetic breeding and industrialization of maize contributed to our leadership position in the PRC seeds market. We understand his desire to devote more time and attention to his academic pursuits and official duties, and wish him success in his future endeavors."

November 12, 2013

The Toro Company's PrecisionSense site assessment system received high marks for innovation at the 2013 Tekne Awards, held by the Minnesota High Tech Association (MHTA) at the Minneapolis Convention Center on Nov. 6.

The company took home the 2013 Tekne Award for Agricultural Technology thanks to its use of mobile soil sensing and data collection technology to measure soil moisture, salinity, compaction, plant performance and more -- all aimed at utilizing water and resources more efficiently.

November 5, 2013

The Toro Company has released the four finalists of its "Ready. Set. GROW!" grant program, opening the selection process to the public to decide on this year's winner.

November 4, 2013

Effective Jan. 1, Cynthia Jamison will succeed James Wright as chairman of the board at Tractor Supply.

Jamison has served as lead director with the board since 2010, which she joined in 2002. Previously, she served as CFO of Australian irrigation company AquaSpy Inc. and was a partner with professional services firm Tatum LLC, where she served as CFO and COO for various companies.

August 7, 2012

True Value Co. reported revenue of $536 million for the second quarter, an increase of 1.2% from $529.5 million for the same period a year ago. The Chicago-based co-op posted a quarterly net margin of $22.2 million for the quarter, an increase of 1.8% over $21.8 million one year ago.

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