If Romania’s farmers are to get anywhere near their productive capacity and improve crop yields, they will need to purchase 5,000 new tractors a year, according to George Stanson, business manager at Case IH & Steyer Balkans. He estimates that 1,800-1,900 new tractors will be sold in Romania this year.
Stanson is quoted in a Balkans.com Business report as estimating that 100,000-150,000 farmers in Romania continue to utilize obsolete tillage equipment on their farms.
The…
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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.
