Deere (DE) in a conference call, announce that they see mid-single digit net sales growth for equipment operations in FY 2026, identifying 2026 as the bottom of the current cycle
Importance
Level 1
- Current inventory level for high-horsepower tractors has declined by over 10% from their March 2025 peak.
- Expects the overall North American large agriculture industry to be down 15-20% this year.
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