Sat, May 23, 2015
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 40596 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31