The Global Agricultural Equipment Industry the market [Kathryn McFarland]
par GroupeXerfi
Xerfi Global has published a study on the Global Agricultural Equipment Industry, which has long been facing headwinds. While strong prices for food commodities and therefore strong farm income drove a spending spree in machinery from 2010 to 2014, the drop in food prices and thus farm incomes since 2014 and the fact that farms were already fairly well-equipped following the spending spree means that farmers have been holding back on investment. [...]
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