Most ag prognosticators agree that it would take a significant disruption to crop supplies to impact the prices of the major crops (corn, soybeans, wheat). With nearly all of the 2017 harvest in the bin, it’s readily apparent that this did not happen.
The Danish owners of ag equipment manufacturer Kongskilde put up a ‘for sale’ sign for the business in March, saying it needs a strong partner or a new owner to realize its full potential.
It’s not uncommon for tractor manufacturers to strike co-production and marketing agreements, but a deal between Claas and Same Deutz-Fahr for tractors in the 70-110 horsepower range appears to have greater strategic significance than usual.
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.