In its first quarter 2024 earnings, John Deere reported that, as a percentage of trailing 12 month retail sales, its dealers inventories of over 100 horsepower tractors and combines were back to pre-pandemic levels.
Deere dealers’ inventories in January represented 30% of trailing 12 month retail sales as reported to the Assn. of Equipment Manufacturers, up from 25% one year ago. This comes in just below the 32% of 12-month sales that John Deere reported…
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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.
