Linamar Corp., which owns the MacDon, Salford and Bourgault brands of ag equipment, reported on Nov. 12 that its 3Q sales were up 8.3% to $2.64 billion.
AGCO reported its third quarter results on Nov. 4, and noted updates in dealer consolidation, production cuts, inventory reduction targets and reduced sales in regions across the globe.
Deere & Co. remains confident about producing to demand during fiscal year 2025, JP Morgan (JPM) analysts reported following a virtual meeting with Deere Director of Investor Relations Josh Beal in early October.
Agricultural companies are prominently featured among the top 50 OEMs listed in the 2024 Yellow Table, an annual list in International Construction magazine that ranks the top 50 construction OEMs based on sales.
Titan Machinery’s focus for fiscal year 2025 (ending Jan. 31, 2025) is on inventory reduction, and CEO Bryan Knutson said that will carry into fiscal year 2026.
Ag Equipment Intelligence (AEI) broke the story, “Kubota Limits Number of Stores Owners Can Own Per State” in an “AEI Overheard” item in the May 15 edition of the AEI newsletter.
In the U.S., unit sales of 100+ horsepower ag tractors increased slightly year-over-year in February, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.