1232 ET - Though it's early in the year, 2025 is showing signs of improvement for the bottom lines of U.S. farmers, says Deere on its F1Q earnings call. Officials say that they're seeing pricing pressures that farmers grappled with last year easing, which may provide a new spark for Deere sales. "On the input side, farmers are continuing to see a decline in input costs for the third consecutive year," says Deere's Josh Beal during the call, adding that government assistance coming from the American Relief Act of 2025 will also support farmers. "This assistance will offset some of the margin decline farmers saw in 2024, while potentially helping to relieve concerns around macro risk and high interest rates." (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
February 13, 2025 12:32 ET (17:32 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。