The ag equipment industry has been looking for any bit of good news it can find lately and it seems that June and July’s poor growing weather may have provided just that — at least temporarily.
If declining grain prices made 2014 a tough year for farmers, ag equipment dealers and manufacturers, they might take some comfort in the fact that those involved with energy commodities had a worse one.
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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.