North American large ag equipment sales continued to improve in March, up 3%, after turning positive with 10% year-over-year growth in February, according to Mircea (Mig) Dobre, analyst with RW Baird. 4WD tractor sales increased 31% year-over-year in March, compared to a 10.4% decrease in February.
Combines sales increased 32.1% in March, following February’s increase of 14.5%. “March accounts for higher share of sales than February; continued growth adds comfort to our expectations that Deere’s…
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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.
