The most recent Beige Book (October 2019) released by the Federal Reserve System included conditions impacting agriculture throughout the country. In this edition, it noted that agricultural conditions deteriorated further due to the ongoing impacts of adverse weather, weak commodity prices and trade disruptions.
The most recent Beige Book (August 2019) released by the Federal Reserve System included conditions impacting agriculture throughout the country. Overall, it found that agricultural conditions “remained weak as a result of unfavorable weather conditions, low commodity prices and trade-related uncertainties.”
The most recent Beige Book (July 2019) released by the Federal Reserve System included conditions impacting agriculture throughout the country. Overall, it found that agricultural conditions "continued to expand at a modest pace overall," with "little change from the prior reporting period."
The most recent Beige Book (May 2019) released by Federal Reserve System included conditions impacting agriculture throughout the country. Overall, it found that agricultural conditions “remained weak” although “a few Districts reported some improvements.”
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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.