Reuters — Deere and Co. said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery. Shares of the world’s largest farm equipment maker fell as much as four per cent in premarket trading Wednesday. Deere’s sales have been hit as bumper corn harvests drive […] Read more
Deere sees equipment sales falling further as farm incomes drop
Deere sees modest rise in farm equipment sales
Deere and Co., the world’s largest farm equipment maker, forecast a modest increase in sales this year despite the prospect of the biggest corn crop in U.S. history, falling short of analysts’ expectations and sending its shares down three per cent. Shares of the company, which also makes excavators, dump trucks and log harvesters, fell […] Read more
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