Agricultural tire makers optimistic about 2021
Print Despite the pandemic's continuing grip on the U.S. economy, the agricultural market — farm tire manufacturers in particular — are optimistic about 2021 after upbeat sales in 2020. "Higher crop prices and improved fundamentals are leading to renewed optimism in the agricultural sector and improving demand for farm equipment," John C. May, chairman and CEO of tractor manufacturer Deere & Co., said in the company's 2021 outlook. Farm tractor and self-propelled combine unit sales experienced solid growth across the U.S., with some positive performance in most sectors in Canada as well,...
Source: tirebusiness.com