During the first week of July, Brazil’s Ministry of Agriculture and Livestock announced a total of BRL 476.5 billion (or nearly $87.1 billion USD) for its 2024-25 Crop Plan. The government program — mostly used for subsidizing technological acquisitions by farmers — is 10% higher than the previous season.
Of the total, approximately BRL 400 billion would be used by large and mid-sized farmers, bringing BRL 293 billion for…
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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.
