The Manufacturing - Farm Equipment industry is likely to bear the impact of low farm income in the near term. However, demand will eventually pick up, aided by growing demand for food. Companies like DE, KUBTY, AGCO and LNN are poised to gain.
AGCO Corp (AGCO) transforms its dealership network in Ohio to broaden its scope and product offerings.
Deere's (DE) price performance is unimpressive so far this year, reflecting a weak demand outlook for agricultural equipment amid low commodity prices and farm income.