As John Deere ramps up its efforts to consolidate the ranks of its dealer-principals, few of its cancelled dealers say they were surprised when they received the letter telling them that they were no longer a member of the company’s high-performance team.
Despite a 10% falloff in farm equipment sales during its 2009 fiscal year, which ended in September, Germany’s Claas achieved its second highest sales figure ever, beating 2007 results with an increase of 13% or the equivalent of almost $350 million.
Sales of farm equipment in November continued the trend that started in late summer, and it looks as if it will continue for the next few months, according to the Assn. of Equipment Manufacturers.
The Assn. of Equipment Manufacturers’ most recent report showed that total North American tractor sales were off by 22.6% through the first 10 months of 2009 vs. the same period in ‘08.
Along with raising its projected corn yields, USDA’s October 9 supply and demand estimates lowered overall cash receipts for corn and soybeans for the 2009-10 crop year.
Dutch farm machinery group Lely is filling a significant gap in its hay product line by securing worldwide distribution rights to Mengele equipment built in Germany.
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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.