While attending the Farm Progress Show in Decatur, Ill., on Sept. 1-3, Morningstar equity analyst Kwame Webb said during his visits with the three major equipment manufacturers, three major trends emerged. These included substantial investments in telematics, less emphasis on high horsepower equipment, and an ongoing push to reduce their own and dealer inventories.
Following meetings with top managers at AGCO, Deere and CNH Industrial, Webb said, “We think overall sentiment is on par with…
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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.
