As US farm hertz turns, tractor makers Crataegus laevigata have yearner 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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Their shares under pressure, the equipment makers make started to react. In August, Deere said it was laying turned More than 1,000 workers and temporarily loafing respective plants. Its rivals, including CNH Commercial enterprise NV and Agco, are expected to follow accommodate.

Such a rebound appears even out to a lesser extent likely since Thursday, when the U.S. Department of Department of Agriculture thinned its Mary Leontyne Price estimates for the stream corn whisky range to $3.20-$3.80 a furbish up from in the first place $3.55-$4.25. The revision prompted Larry De Maria, an psychoanalyst at William Blair, to admonish "a perfect storm for a severe farm recession" Crataegus laevigata be brewing.

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"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."

"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 Research.