The latest reports from the Assn. of Equipment Manufacturers show unit sales for tractors under 40 horsepower are down 11.6% year-over-year and 40-100 horsepower tractor unit sales are down 7.7%. While sales are down, Tim Brannon, owner of B&G Equipment in Paris, Tenn., said dealer inventories are up.
“I counted over 200 tractors under 100 horsepower within an hour’s drive on dealer lots on a Sunday afternoon. Never in decades have I seen the company…
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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.
