Deere & Co.’s stated goal is to set itself apart from its competitors while stimulating significant growth. Specifically, it’s aiming to improve its current 12.5% operating margin to 15% by its fiscal year 2022.
Investment in new product development, as well as bricks and mortar and human resources, continues at seeding and tillage equipment maker Horsch as it prepares for a recovery in agricultural machinery markets.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Howard Buffett talks about getting tractors and combines to Ukrainian farmers. In the Technology Corner, Noah Newman examines how the 360 Rain system boosts yields by over 65 bushels per acre. Also in this episode, the potential peak for large ag equipment sales, layoffs at Hutson Inc., 'Made in USA' equipment influence and AGCO's latest earnings report.