Over the past few weeks, most of the publicly traded farm equipment manufacturers have reported their full-year earnings for 2015. For most, the negative impact of currency translation and the continuing headwinds from agricultural commodity prices meant double digit loses for full-year farm equipment-related net sales. From high horsepower tractors and combines to precision farming gear, all segments of the industry were affected.
Of the manufacturers reporting full-year earnings, Raven Industries’ Applied Technology division, which…
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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.
