Deere forecasts little relief for U.S. farmers
Deere forecasts little relief for U.S. farmers
Deere & Co., the world's largest farm-equipment manufacturer, sees another difficult year ahead for the U.S. farm economy.
Why it matters: America's farmers have been in a two-year slump, squeezed by rising costs, falling crop prices, tariffs and a global trade war.
Zoom in: Deere on Wednesday provided its first forecast for 2026, saying it expects its business selling to large-scale farms in the U.S. and Canada to fall 15% to 20%.
Row-crop farmers — like those growing corn, soybeans, and wheat
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