Deere Offers Cautious Net Income Outlook for 2020

The transcript discusses the impact of the trade war on operating leases, particularly in the construction equipment sector, and its broader effects on industrial confidence and economic growth. It highlights the cautious approach of companies like Parker Hannifin and the influence of the trade war on short and long cycle economic activities. The potential resolution of the trade war and its impact on investment timing is explored, along with the challenges faced by farmers due to shifts in soybean demand and retaliatory tariffs.

How do seasonal purchasing patterns affect the agricultural equipment market?

What factors are contributing to the difficulties faced by farmers, particularly regarding soybean crops?