Farms.com Home   Ag Industry News

Memoriam: Gary MacDonald of MacDon Industries

Memoriam: Gary MacDonald of MacDon Industries

By Andrew Joseph, Farms.com

The Association of Equipment Manufacturers (AEM) has announced that industry leader Gary MacDonald, a former top exec with MacDon Industries and a key member in the formation of the association has passed away.

Born September 25, 1951 and passing on October 14, 2021 after battling a brain disease, MacDonald helped form the AEM with the merging of the Construction Industry Manufacturers Association and the Equipment Manufacturers Institute in 2001.

He was the first leader of the AEM in 2002 as Co-Chair, as well as a long-time member and leader on its Board of Directors and Ag Sector Board.

Born in Truro, Nova Scotia as the second of four boys, MacDonald grew up in Brantford, Ontario, learned the bagpipes even once playing onstage with Sir Paul McCartney.

Attending the Ivey School of business at The University of Western Ontario from 1970-1974, he also played on the varsity football team and won a national championship with its rugby team.

He moved to Winnipeg in 1976 joining the family business helping MacDon grow over the next four decades into a global leader of harvesting equipment.

Celebrations of MacDonald's Ilife will be held at the Old Mill in Toronto, Ontario, Saturday, October 30 from 4-6pm EDT and at the Victoria Inn, Winnipeg, Manitoiba, Saturday, November 6 from 1-4pm CDT with a short program to commence at 1:30pm CDT including live streaming available on YouTube: https://youtu.be/qCvsXx_lTVk.

Face masks and proof of Covid-19 vaccination are required at both venues per provincial guidelines.

In lieu of flowers, donations can be made to the Sunnybrook Foundation supporting the Dr. Sandra Black Centre for Brain Resilience and Recovery, 2075 Bayview Avenue, KGW-01, Toronto, ON, M4N 3M5.


Trending Video

Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.