The global business climate for agricultural machinery remains weak going into the final months of 2015, according to the Agrievolution Alliance’s most recent survey of ag equipment manufacturers.
Results from a revised Quarterly North American Agricultural Equipment Industry Trends survey from the Assn. of Equipment Manufacturers, indicate equipment makers are reporting similar outlooks for equipment sales for the coming year as their dealer counterparts (see the story on page 1 of this newsletter).
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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.