North American large ag equipment sales continued to be weak in April, according to the latest numbers released by the Assn. of Equipment Manufacturers. Row-crop tractor sales were down 18.8% year-over-year, the smallest sales decline for the category in 10 months. “April 2016 marked the 27th month of large ag year-over-year declines with magnitude of decrease remaining significant (down 21% in total),” said Mircea (Mig) Dobre, analyst with Baird Equity Research, in a note to…
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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.
