Previous close | 1.6700 |
Open | 1.6700 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 310.00 |
Expiry date | 2024-09-20 |
Day's range | 1.6700 - 1.6700 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Deere (DE) reachead $409 at the closing of the latest trading day, reflecting a +0.88% change compared to its last close.
Deere (DE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. The slower equipment sales are a knock-on effect of corn and soy prices dropping to more than three-year lows as U.S. farm income plummets and equipment makers and dealers are forced to pivot quickly after a period of booming business. Reuters interviewed ten equipment dealers, mostly in the Midwest, as well as farmers and analysts, who said low crop prices combined with persistently high interest rates are deterring farmers from purchasing machinery.