Deere: Farmers are Renting…and That’s Bad News for Equipment Makers
September 03, 2015 at 14:48 PM EDT
Citigroup’s Timothy Thein and team attended Farm Progress 2015, an industry conference, and came away feeling like manufacturers such as Deere (DE), Agco (AGCO) and CNH Industrial (CNHI) are in a tough spot. They explain why: Nellie Doneva/Abilene Reporter-News/Associated Press We attended Farm Progress, where we met with industry contacts and management from AGCO, CNH Industrial and […]