North American large ag equipment sales continued to be weak in May, according to the latest numbers released by the Assn. of Equipment Manufacturers. Row-crop tractor sales were down just 1.2% year-over-year, marking the smallest decrease in nearly 2 years. “May 2016 marked the 28th month of large ag year-over-year declines but the smallest decline in 20 months, as 2-year stacked comparisons continue to ease,” said Mircea (Mig) Dobre, analyst with Baird Equity Research, in…
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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.
