In its third quarter 2023 earnings released Aug. 18, John Deere reported its dealers’ 4WD inventories, as a percent of trailing 12 month sales, had reached a 5-year low.
Dealer inventories made up 17% of total trailing 12 month sales for Deere’s 4WD tractors as of July 31, almost half the 36% Deere reported at the same point in 2019. Aside from a small bump from 23% to 25% in 2022, this percentage has decreased…
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![[Technology Corner] Pessl Instruments CEO Talks Dealer Benefits From Lindsay Corp. Investment](https://www.agequipmentintelligence.com/ext/resources/2024/04/25/Pessl-Instruments-CEO-Talks-Dealer-Benefits-From-Lindsay-Corp.-Investment.png?height=290&t=1714144307&width=400)
Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
