Headwinds created by lower commodity prices and a strong U.S. dollar continued to challenge ag equipment manufacturers through the first half of this year. This was reflected in their quarterly earning reports that were issued over the past few weeks.
While industry outlook picked up when corn crossed the $4 per bushel line last month and soybeans topped $10 per bushel, USDA’s Aug. 12 World Agricultural Supply and Demand Estimates report, brought that sentiment to…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
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.
