Dealers specializing in selling compact tractors (under 40 horsepower) had another banner year in 2017 as U.S. and Canadian sales of the small equipment reached all-time highs.
John Deere gave its retail sales comment for December 2015 following the release of industry-wide unit sales for the month and year by the Assn. of Equipment Manufacturers on Jan. 12.
New Holland and John Deere were the market leaders as the top selling farm tractors during 2014 in 10 of the 14 European Union countries featured in the April 23 issue of the German publication Eilbote.
The rapid growth of emerging markets worldwide is creating unprecedented demand for farm machinery, according to the Agrievolution Alliance, a global alliance of agriculture equipment manufacturing associations.
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.