On a regional basis, the most significant shifts in 2018 occurred with AGCO’s South American sales, which declined by 3% compared to the previous year.
Deere remained the dominant force in North American ag equipment sales, with an estimated 57% of its total equipment business coming from the U.S. and Canada. An estimated 35% of CNH’s ag equipment sales came from North America. The U.S. and Canada accounted for 23% of AGCO’s equipment sales in 2018.
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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.
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