Farmers’ financial sentiment improves
Farmers’ sentiment regarding the industry’s financial performance, income trends and capital funding improved on the heels of a better-than-expected harvest...
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Agriculture
Decline in farm equipment values slows in October
Agricultural equipment values and inventory growth slowed at auction in October as the market stabilized with the return of traditional...
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Deere projects financial services growth in 2024
Deere & Co. projects financial services growth in fiscal 2024 despite expecting a double-digit decline in net sales across all...
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Farm equipment inventory is up 36% YoY
Agriculture equipment inventories picked up in September, a time when seasonality typically drives supply down. Agriculture equipment inventories and values...
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AGCO to buy Trimble assets for $2 billion to boost farm tech
AGCO Corp., one of the world’s largest tractor makers, will acquire technology assets from Trimble Inc. for $2 billion to...
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Farm equipment inventory up 35% YoY
Agricultural equipment inventory continues to build, further widening the gap between retail and auction values. Used compact and utility tractors’...
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High horsepower retail values up 11% YoY
Auction and retail values for tractors with high horsepower increased year over year in July despite increased inventory. Retail values,...
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Deere Financial reduces credit loss provisions, bucking ag concerns
Deere & Co. captive John Deere Financial reduced its provisions for credit losses in the third quarter of fiscal 2023...
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