Despite improving conditions for agriculture, New Holland’s commercial director in Brazil, Alexandre Blasi, doesn’t expect Brazilian equipment sales in 2017 to set any records. The company is projecting sales of 35,500 tractors and 21,000 harvesters for the year, which is significantly below the 2013 record of 65,000 tractors and 38,000 combines. “But we are betting on the recovery continuing, and the Rio Grande do Sul is very strategic because it has 25% of the Brazilian…
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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.
