While the strength of U.S. agriculture is receiving the lion’s share of the headlines, Canada’s farming economy is also demonstrating strong trends of another good year. The same high commodity prices that are supporting U.S. farmers’ equipment purchases are also helping Canadian growers to update their fleets.
According to Statistics Canada, realized net farm income amounted to $4.5 billion in 2010, an increase of $1.4 billion (+46.1%) from 2009 as the decline in operating costs…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
