Deere's sales expected to rise on increased demand
Yahoo! Finance
Deere & Co is expected to report double-digit sales growth in its Friday results, fueled by strong equipment demand from farmers flush with cash that has helped the company raise pricing. The farm-equipment-maker is likely to bounce back from its previous quarter sales miss, analysts said, as soybean and corn prices hit decade highs in the first half of the year and encouraged farmers to buy new tractors and combines. "Those are big factors you consider before buying equipment," said Eric Grea...
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