Kinze is yet another in a series of layoffs hitting this industry. They are saying farmers are delaying equipment purchases as a result of higher costs to grow crops and raise livestock as well as lower prices at market.
My question is what is driving the lower market prices? Are we still recovering from playing hardball with China and losing a big market? Or is that now a part of history and it's something else?
(Note: I put this on the politics board, because I know that's where the discussion is likely to go. If I'm wrong, feel free to move it to the normal off-topic board.
My question is what is driving the lower market prices? Are we still recovering from playing hardball with China and losing a big market? Or is that now a part of history and it's something else?
(Note: I put this on the politics board, because I know that's where the discussion is likely to go. If I'm wrong, feel free to move it to the normal off-topic board.