Besides reporting a 20% increase in net ag equipment sales in the second quarter (nearly 18% for the first half), the most encouraging news coming from CNH Industrial’s July 26 earnings report is its solid ag equipment order book going into the second half of the year. The company reported, “In the quarter, production levels were 12% above retail demand, in line with the order book, which is up approximately 15% compared to the prior…
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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.
