Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Agriculture, Commodity Crisis, Market Moves more

Credit crunch, commodity turmoil slam Deere

Posted on 03 October 2008

From Guardian: This was supposed to be a banner year for Deere & Co , the world’s largest maker of farm equipment. With worldwide biofuel development, growing food demand in the developing world, and grain prices at record levels, the biggest challenge facing Deere at the start of 2008 seemed to be keeping up with the orders for its tractors and combines.

Instead, the Moline, Illinois-based company has spent much of the year on the defensive and watched more than half its market capitalization — about $23 billion in all — disappear along with the positive sentiment that once surrounded its outlook…… Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031