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)
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