Deere & Co. released its retail sales commentary for February 2014 on March 12. The company reported that industry sales of utility tractors were down 1% for the month; Deere’s sales in this category were down a single digit, but more than that of the industry.
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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.