The strength of North American tractor sales during the last three years might lead one to believe that it’s always been this way, but dealers and others who have been around the business for more than a few years know better. Charting unit sales over just the past decade illustrates how dramtically business levels can shift in a relatively short period of time. These should remind everyone that this industry remains highly cyclical.
Looking ahead…
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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.
