AGCO has terminated its commercial relationships with Indian tractor manufacturer Tractors and Farm Equipment Limited (TAFE), according to a May 1 SEC filing.
According to John Deere’s annual report filed with the SEC on Dec. 15, the company spent just over $3.5 billion on dealer sales incentives in its fiscal year 2023.
On Dec. 15, John Deere filed its 10-K annual report with the SEC, which includes details about the manufacturer’s operations outside its normal earnings reports.
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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.