News Story | Ag Economy So Bad Farmers Stopped Replacing Old Tractors


2019-05-19 | By newsstory | 102 Hits

Demand for new farm equipment should be in full swing American growers have outdated fleets of tractors and they need to be replaced Yet theres a reluctance to buy and Deere amp Co has even started cutting production to deal with itThe machinery giants order books show demand thats trailing last year executives told analysts on an earnings call In the second half it sees some of its larger facilities shipping as much as 20 less than a year ago Just last year demand was so strong that the company was ramping up production so fast it e >>READ MORE

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