Tractor sales in Germany — the second largest EU market by unit volume after France — saw a decline for the third year running in 2016 as many farmers and custom operators deferred replacements in light of commodity price levels.
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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.