The level of early orders in late summer and early fall for farm machinery is considered a reliable indicator for farmers’ buying intentions for the coming year. That being the case, 2016 doesn’t look particularly promising.
Preliminary results from Ag Equipment Intelligence’s 2016 Dealer Business Outlook & Trends survey indicate that early orders for farm machinery dealers are down again, following the trend from a year ago.
Nearly 300 dealers participated in the survey…
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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.
