Posted on 05/19/2019 5:25:21 AM PDT by SeekAndFind
“Deere is considered a bellwether for the agricultural industry.”
They also use software that is hard to hack, making any repairs extremely expensive and tiresome getting equipment to ‘authorized dealers’ when things could be fixed right here on the farm with some spit and bailer twine! ;)
But, seriously, it is a HUGE issue for farmers around here.
FYI - New Holland / Case makes a lot of tractors in Turkey that they sell here.
I see by their wikipedia page that they’re pretty much global now. They don’t sell those really big machines every day like the ones soybean producers use. Probably a few of them a year really.
That’s why I don’t see the correlation that the article puts in there but it is hotair after all. The kind that warms your seat.
There will be a global re-alignment in trade. We’re going back to Cold War trading blocs with China heading the eastern bloc instead of the old Soviet Union. We all better get used to it. As to the farmers & farm equipment manufacuturers... they’ll be some pain while the trade patterns re-arrange themselves.
Yeah sure just like when gas prices rise everything goes up but when gas falls prices don’t drop. Whatever the price increase from tariffs end up, they will be here to stay.
My dad or uncle might be able to set you up with a fine MF machine.
They are getting out of the tractor collection/fixing and selling thing.
True. Unfortunately these are our voters. Hopefully they will go the polls anyway.
John Deere is feeling the effects of being at the end of massive, global 10 year debt-issuing spree.
Yeah - I hope they realize how much better things got for them with the Trump economy and understand that when the dust settles, they will be even better off.
Interesting...corporate arrogance and lack of repair support were also major contributors to the fall of Baldwin Locomotive in the 40s and 50s.
Most of the JD mowers are made here in WI. (Horicon?)
I’ve got a 1969 110, and a 1984 318. Both still going strong.
Yep, like the push from Mahindra... also known as the “FORD of India”... All Mahindra tractors are made in India or in China— for a start.
The US presence of Mahindra is sales and service- imported tractors. Back about 17 years or so— FIAT was bringing in mid size farm tractors.
Ford and Mahindra have “marketing” relationships, and the similarity of the parts/equipment design is... well, not surprising. Never forget that Henry Ford— GAVE his tractor design to the Soviets and then these tractors made it around to India and diaspora.
Deere is a great company— but their price points are killing them (and they do use parts from China).
Fake news.
We have a friend, who sells competitive John Deere products.
He thanks JD everyday because you apparently can’t do simple repair jobs/maintenance with expensive and technical gear on the JD products.
The writing was on the wall— particularly in NC when Smithfield, Inc— was taken over by the chi-coms.
Chickens—pullets grown in the US, shipped to china for fattening up, and “harvesting” and cheaper processing, then “processed” (imagine the lack of inspection there in China) and IMPORTED BACK into the US.
The utter nonsense of this is Clinton/obmaumao designed— with a great deal of the clinton’s ole buddy Tyson Chicken.
Not eating anything that isn’t running free on our place. Or proven locally grown and raised. Period. Will pay more for this vs. E. coli Salmonella and a “host” of chinee lookee see diseased food.
A creation also of the world banker/globalists. Bring America BACK To America. We showed the world how to do it- let them do it for themselves.
Deere’s HQ is here.
But they make stuff all over the world.
And import it to the US.
What about the other players in the market? Are they all down? Did Mahindra post a loss, or Case-IH?
Yep. Deere only made $1.135 billion in the 2nd quarter.
In 2016 1st quarter income was $254 million and 2nd quarter was $495 million.
No trade war in 2016. We had surrendered.
“I grew up in a dyed in the wool Massey Ferguson family. Dad and uncle still have a lot of them.”
When I was living in Israel, our kibbutz used Massey Ferguson, Deere and Ford tractors. Of the three I liked the Ferguson the best. My friends farm in Ohio used Ferguson.
I have a little seat time in ford or deere myself.
The MF seemed to be the easiest to operate.
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