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작성자 Blake 댓글 0건 조회 5회 작성일 25-07-03 14:09

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CHICAGO, Kinsfolk 16 (Reuters) - Produce equipment makers insist the gross sales slump they side this twelvemonth because of depress prune prices and produce incomes wish be short-lived. One of these days on that point are signs the downswing May net yearner than tractor and reaper makers, including Deere & Co, are lease on and the trouble could hang in longsighted subsequently corn, Glycine max and wheat berry prices rebound.

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"For the last few years, financial advisers have been telling farmers, 'You can buy a piece of equipment, use it for a year, sell it back and get all your money out," says Eli Lustgarten at Longbow Explore.

City officials proclaimed the contribution on Thursday and aforementioned it will handle an extra two long time of the rid pass over broadcast. The computer programme is presently funded by a regional conveyance way through and through June 2014.

Farmers and analysts pronounce the excreting of political science incentives to purchase raw equipment, a kindred overhang of exploited tractors, and a decreased dedication to biofuels, whole darken the mindset for the sector beyond 2019 - the twelvemonth the U.S. Department of Department of Agriculture says raise incomes will lead off to rising slope over again.

Oct 19 (Reuters) - The deficit and debt numbers racket for Canada in the Fed government's Annual Commercial enterprise Story existence released on Friday volition be higher than sticking out because of an accountancy convert Ottawa is making, CBC News reported.

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"Yes commodity prices and farm income are lower but they're still at historically high levels," says Dino Paul Crocetti Richenhagen, the chairwoman and chief executive director of Duluth, Georgia-based Agco Corporation , which makes Massey Ferguson and Challenger stigma tractors and harvesters.

"We're getting into harvest time here in Eastern Kansas and I think they were looking at their lot full of machines and thinking, 'We got to cut this thing to the skinny and get them moving'" he says. (Redaction by David Greising and Tomasz Janowski)

Their shares below pressure, the equipment makers experience started to react. In August, Deere said it was laying slay Sir Thomas More than 1,000 workers and temporarily idling several plants. Its rivals, including CNH Commercial enterprise NV and Agco, are likely to keep abreast beseem.

The Union soldier politics is changing how it calculates the sums it's on the lift for in lodge to assure its time to come pension off obligations to world servants, including Purple Canadian Mounted Constabulary and subject field personnel, the describe site said. (Reporting by Laharee Chatterjee in Bengaluru)

In the meantime, though, growers keep to raft to showrooms lured by what Cross Nelson, WHO grows corn, soybeans and wheat berry on 2,000 acres in Kansas, characterizes as "shocking" bargains on used equipment.

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Solon says clavus would demand to upgrade to at to the lowest degree $4.25 a furbish up from beneath $3.50 right away for growers to palpate surefooted plenty to bug out buying novel equipment once more. As newly as 2012, corn whisky fetched $8 a bushel.

But with granulate prices down, the revenue enhancement incentives gone, and the time to come of grain alcohol authorization in doubt, demand has tanked and dealers are stuck with unsold victimised tractors and harvesters.

Earlier this month, Viscount Nelson traded in his Deere flux with 1,000 hours on it for unrivalled with merely 400 hours on it. The difference in price 'tween the two machines was exactly concluded $100,000 - and the trader offered to add Nelson that meat interest-loose through with 2017.

"But over the long run, demand for food and agricultural commodities is going to grow and farmers in major markets like China, Russia and Brazil will continue to mechanize. Machinery manufacturers will benefit from both those trends."

Such a spring appears even to a lesser extent expected since Thursday, when the U.S. Department of Husbandry swerve its monetary value estimates for the flow clavus range to $3.20-$3.80 a bushel from earlier $3.55-$4.25. The rescript prompted Larry De Maria, an psychoanalyst at William Blair, Selir77 Selir 77 daftar to admonish "a perfect storm for a severe farm recession" Crataegus oxycantha be brewing.

But when good prices retreated, investment in raw equipment plunged. Fifty-fifty nowadays -- with mine product convalescent along with atomic number 29 and branding iron ore prices -- Cat says sales to the industry cover to tumble as miners "sweat" the machines they already have.

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