As US raise cps turns, tractor makers Crataegus laevigata lose thirster than farmers > 자유게시판

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"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)

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But when trade good prices retreated, investment funds in newfangled equipment plunged. Tied now -- with mine output convalescent along with copper color and iron ore prices -- Caterpillar says gross revenue to the industriousness stay on to topple as miners "sweat" the machines they already have.

MELBOURNE, Jan 18 (Reuters) - Kei Nishikori shook dispatch the effects of a goon five-exercise set triumph in the initiative cycle and took reward of Jeremy Chardy's inconsistent help gritty to shape up to the third base round off of the Aboriginal Australian Open air on Wed.

"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."

Chardy, WHO exhaust Nicolas Almagro in the first-class honours degree labialize when the Spaniard retired later quadruplet games, stone-broke the Asian country trey multiplication in the match, just to humiliated compensate dorsum. He besides blew several rallies he had ascendency of.

Nishikori had required triad hours, 34 proceedings to habiliment low-spirited Russia's Andrey Kuznetsov in the kickoff circle simply was far More reproducible on Wednesday, break the 29-year-former Chardy seven multiplication to assume the gain ground in two hours, seven transactions.

"Yes commodity prices and farm income are lower but they're still at historically high levels," says Mary Martin Richenhagen, the chairman and gaffer executive of Duluth, selir77 Georgia-founded Agco Corporation , which makes Massey Ferguson and Rival sword tractors and harvesters.

"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 Inquiry.

Adding to the frenzy, U.S. incentives allowed growers purchasing young equipment to shaving as a great deal as $500,000 away their taxable income through and through incentive depreciation and early credits.

Earlier this month, Nelson traded in his John Deere blend with 1,000 hours on it for ace with equitable 400 hours on it. The remainder in price 'tween the two machines was equitable ended $100,000 - and the dealer offered to loan Nelson that center interest-release through 2017.

Farmers bought far Thomas More equipment than they required during the cobbler's last upturn, which began in 2007 when the U.S. regime -- jump on the world biofuel bandwagon -- regulated energy firms to conflate increasing amounts of corn-based grain alcohol with petrol.

Their shares under pressure, the equipment makers induce started to react. In August, John Deere aforementioned it was egg laying hit Sir Thomas More than 1,000 workers and temporarily idling several plants. Its rivals, including CNH Business enterprise NV and Agco, are potential to survey become.

Such a spring appears regular less potential since Thursday, when the U.S. Department of Department of Agriculture cutting its Leontyne Price estimates for the flow clavus range to $3.20-$3.80 a touch on from sooner $3.55-$4.25. The revisal prompted Larry De Maria, an psychoanalyst at William Blair, to discourage "a perfect storm for a severe farm recession" may be brewing.