Agricultural machinery and tractor manufacturers production in Germany experienced an exceptionally good business year in 2017, a strong growth in turnover of 10%, to €7.9 billion ($9.7 billion). According to VDMA Agricultural Machinery Assn., this represented the second-best annual result ever achieved by the industry. “The demand for innovative agricultural machinery is greater than it has been for a long time,” said Dr. Bernd Scherer, managing director of the association. Satisfactorily high milk prices, in…
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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.
