Post by
ARIMA11 on May 21, 2021 9:49am
Interesting
https://invezz.com/news/2021/05/21/important-points-from-deere-companys-q2-financial-results/
“While the company is clearly performing at a high level, Deere expects to see increased supply chain pressures through the balance of the year. We are working closely with key suppliers to secure the parts and components that our customers need to deliver essential food production and infrastructure.”
For the full financial year, Deere forecasts a 25% growth in its large agricultural equipment sales in its biggest combined market – the United States and Canada. In February, it had estimated a narrower up to 20% growth instead.