Anonymous
Anonymous asked in Politics & GovernmentPolitics · 6 months ago

U.S. investment in farm equipment is up 3.1 percent for one major supplier. Why would farmers invest in equipment if it feared a downturn?

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"AGCO Reports 2Q19 Net Sales Decline 4.5 '/.; North American Sales Up 3.1 '/."

https://www.farm-equipment.com/articles/17230-agco...

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One article cherry-picked 6 equipment dealerships across the midwest farm region. SIX?!

AGCO supplies machinery & parts dealerships across the nation and not just five or six.

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4 Answers

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  • 6 months ago

    Read that article again, dipstick.

    It said the entire company is reporting a decline.

    Reuters just interviewed six dealers for the article.

    Incidentally, your "major supplier" is several times SMALLER than John Deere.

    Criticizing someone else for cherry-picking is hilarious.

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    • skeptik
      Lv 7
      6 months agoReport

      In the same way that your "upturn" is.

      Or have you not looked into your "major supplier's" sales history over the same period?

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  • Anonymous
    6 months ago

    No one here can read the article as we are not members/subscribers.

    "Why would farmers invest in equipment if it feared a downturn?" A downturn in what? A need for food?

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  • Anonymous
    6 months ago

    Because they want to do business

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  • 6 months ago

    Farm economy in California is still strong and feeding the nation. You can say Thank You.

    • `
      Lv 5
      6 months agoReport

      Yep and same with the grain belt.
      You're welcome.

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