A survey of bankers in the 11th Federal Reserve District say that, that while loans for farm equipment fell sharply in the fourth quarter of 2018, so did the loan demands in other areas of agriculture. The district covers all of Texas, northern Louisiana and southern New Mexico and 100 bankers responded the this most recent survey.
Bankers responding to the fourth-quarter survey reported improved conditions across most regions of the 11th District. Crop yields…
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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.
