Deere Exec Says Production Volumes Will Decline More Than Demand In The Back Half Of 2024
Portfolio Pulse from Benzinga Newsdesk
Deere & Company (DE) executives have announced that production volumes are expected to decline more than demand in the latter half of 2024. This information was disclosed during a conference call.

May 16, 2024 | 2:23 pm
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Deere & Company (DE) has announced that production volumes will decline more than demand in the latter half of 2024. This could indicate potential supply chain or operational challenges.
The announcement of a decline in production volumes more than demand suggests potential operational or supply chain issues. This could negatively impact investor sentiment and the stock price in the short term.
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