New sales of Canadian 4WD tractor are expected to decline only –2% in 2024 after growing over 40% in 2023, according to an April 24 report from Farm Credit Canada.
During CNH Industrial’s 1Q23 earnings call on May 5, 2023, CEO Scott Wine said the company’s order backlog remains solid and well above 2019 levels, with ag and construction order books full through the third quarter.
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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.