Argentina’s National Institute for Statistics and Census (Indec) reports that during the first quarter 2020, 228 combines were sold. This was down 23% year-over-year in units, but up 7.8% in value. Tractors sales reached 1,083 units, down 8.5% in units, but up 35.4% in value. Seeder unit sales reached 223, down 2.2% in units but up 63.8% in value. The difference between value and unit sales is due to Argentinian inflation.
The Argentinean Chamber of…
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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.
