Majors Finish Strong in ’11; Little Increase Seen in ‘12

Each of the major farm equipment makers — AGCO, CNH Global, John Deere — reported robust earnings in their respective fourth quarters of 2011 and for the full year, but they aren’t looking for significant increases in sales and earnings for 2012. 

Overall, total sales for each tractor category rose in 2011 compared to the previous year, but sales of combines fell following four stellar years, according to the Assn. of Equipment Manufacturers. A summary…

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