Deere, CNH, and Agco are preparing for decreased North American sales in 2026 due to high farmer costs and low commodity prices, leading them to continue underproducing and destocking inventories. The companies are also navigating fluctuating tariff costs following a recent Supreme Court ruling impacting some tariffs, though others remain. Despite challenging conditions, some companies anticipate a market upturn or foresee positive economic conditions in other regions offsetting North American declines.
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Deere, CNH and Agco brace for low North American sales in 2026 outlooks
Deere, CNH, and Agco are preparing for decreased North American sales in 2026 due to high farmer costs and low commodity prices, leading them to continue underproducing and destocking inventories. The companies are also navigating fluctuating tariff costs following a recent Supreme Court ruling impacting some tariffs, though others remain. Despite challenging conditions, some companies anticipate a market upturn or foresee positive economic conditions in other regions offsetting North American declines.