America’s farmers have found themselves on the front lines of an ongoing trade war, but recent news on three major trade fronts has farmers across the heartland cautiously optimistic.
The U.S. economy is still performing well by most key measures. However, consumers, investors, companies and other market participants have become more wary about the near- term future with seemingly good reason. Global and U.S. economic prospects are weakening and the agricultural economy shows few signs of an imminent comeback, according to a comprehensive 2019 outlook report from CoBank’s Knowledge Exchange Division.
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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.