Large ag equipment unit sales were up 4.4% year-over-year in November, led by 4WD tractors, according to the latest data from the Assn. of Equipment Manufacturers.
North American large ag equipment sales had another strong showing in July, with year-over-year sales up in all but one category, according to the most recent Assn. of Equipment Manufacturers report. But RW Baird analyst Mircea (Mig) Dobre expects this momentum is likely to dissipate.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
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.