Deere Co. issued its 2Q23 earnings on May 19, showing a 53% increase in Production Precision Agriculture net sales to $7.8 billion. Total net sales and revenues rose 30% to $17.4 billion.
During its first quarter 2023 earnings call, John Deere executives discussed their forecasts for dealer inventory restocking. General consensus was that dealers won’t see relief until 2024.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.