According to a report from Bloomberg, Deere has plans to expand its presence in Australia and New Zealand, including an increased focus on precision agriculture.
Deere & Co.’s incoming chief executive John C. May will likely bring the manufacturer’s focus back to U.S. soil amid a struggling international presence, according to a Sept. 22 report in The Wall Street Journal. Deere said in August that May will become CEO in November, while former CEO Sam Allen will remain chairman of the company’s board.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.