Deere & Company manufactures and distributes various equipment worldwide agriculture equipment such as utility tractors; tractor loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; harvesting front-end equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment.
A couple of days ago, I talked about the collapse in soybean prices and supply exceeding demand now and in the coming months.
All Eyes This Weekend On…..Soybean Prices – Part 3
China’s announcement Monday of higher tariffs on $60 billion of American exports puts another dagger in the heart of American farmers as China is their biggest consumer and source of revenue.
J.P. Morgan
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