Tractor sales in Germany — the second largest EU market by unit volume after France — saw a decline for the third year running in 2016 as many farmers and custom operators deferred replacements in light of commodity price levels. But VDMA, the German association for agricultural machinery, says it is cautiously optimistic about 2017.
Tractor Sales Slip. The 2016 market was down 10.8% at 28,746 registered units of 51 horsepower or higher; 2015 sales…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
