Declining Farm Credit Hurting Agricultural Equipment Industry

According to a report from Seeking Alpha, credit conditions in the agriculture sector have been disintegrating as crop prices fall.

The report goes on to say that this credit deterioration puts the agricultural equipment industry at risk, especially since sales have dropped and used equipment is building up.

In response to this trend, companies like John Deere have become more aggressive in the financing and leasing space, according to the report.

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Terry Mulreany
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