January saw a slowdown in sales of row-crop tractors, but 4WD equipment and combines continued on an upward path, according to the latest figures from the Assn. of Equipment Manufacturers (AEM).
Of particular note is the inventories of row-crop tractors are 19% below year-ago levels, while inventories of 4WD tractors, combines and small tractors are above year-ago levels.
Sales of row-crop tractors (>100 horsepower) declined by 12% in January compared with January 2010. This followed…
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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.
