Earnings OutlookAnalyst upgrade and stronger industrial earnings forecasts suggest end markets and company earnings may have bottomed, lowering the risk of further declines and creating potential upside versus expectations.
Farmer Demand And ExportsStabilizing crop prices and improving US-to-China export prospects are supporting farmer sentiment and could boost demand for agricultural equipment.
Inventory Dynamics And FinancingDeclining agricultural machinery inventories combined with lower interest rates could accelerate dealer destocking and help clear excess supply, supporting sales recovery.