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…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
