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IADEMO2004

(5,554 posts)
6. Farmers aint buying her shit or John Deere's shit.
Tue Aug 20, 2019, 10:22 AM
Aug 2019
https://www.rfdtv.com/story/40936494/john-deere-bringing-in-less-green#.XVwBTHt7mUk


While John Deere currently projects a profit of around $3.2 billion and an increase in equipment sales of around 4% this year, that is down from its earlier projection of $3.2 billion and 5%. The picture gets even bleaker if the view is narrowed to include farm equipment sales only (excluding heavy equipment sales for the construction industry): ag equipment sales are down 6% over last year, and profits have dropped 24%.
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