Deere & Co. continued to make headway in May in its effort to capture market share in Brazil, South America’s leading agricultural nation. Total tractor sales for the month were down 7% year-over-year, and combine sales were up by 55% in May compared with the same period of 2010.
For the month, Deere’s farm tractor sales rose by 35%, while equipment sales by its competitorsdeclined. AGCO’s tractor sales fell 24% and CNH sales declined by…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
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.
