Farm equipment industry performance: past and future |
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| Institution: | 1. University of Missouri, 125-B Mumford Hall, Columbia, Missouri 65211-6200, USA;1. Department of Mathematics, Minjiang University, Fuzhou 350121, China;2. Modern Educational Technology Center, Minjiang University, Fuzhou 350121, China;3. Department of Computer Science, Minjiang University, Fuzhou 350121, China;4. Fujian Provincial key Laboratory of Information Processing and Intelligent Control, Minjiang University, Fuzhou 350121, China;1. Laboratory of Storage and Prototyping of Drying Installations, Western Paraná State University/PGEAGRI, Rua Universitária, 2069 Jardim Universitário, Prédio de Desenvolvimento de Protótipos, Cascavel-PR, 85819-110, Brazil;2. Laboratory of Control and Quality of Agricultural Products, Western Paraná State University/PGEAGRI, Rua Universitária, 2069 Jardim Universitário, Prédio de Desenvolvimento de Protótipos, Cascavel-PR, 85819-110, Brazil;1. Laboratory of Entomology and Agricultural Zoology, Department of Agriculture Crop Production and Rural Environment, University of Thessaly, Phytokou Str., 38446, Nea Ionia, Magnessia, Greece;2. Laboratory of Agricultural Zoology and Entomology, Department of Crop Science, Agricultural University of Athens, 75 Iera Odos, 11855, Athens, Greece;1. University of Granada, Spain;2. Arizona State University, Arizona;1. Department of Electrical and Electronics Engineering, Sambalpur University Institute of Information Technology, India;2. School of Advanced Science, Department of Mathematics, Vellore Institute of Technology, Vellore, India;3. Institute of Innovation and Circular Economy, Asia University, Taichung, 41354, Taiwan;4. Department of Medical Research, China Medical University Hospital, China Medical University, Taichung, Taiwan;5. Faculty of Economics and Management, UniversitiKebangsaan Malaysia, Malaysia;6. Institute for Manufacturing, University of Cambridge, United Kingdom |
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| Abstract: | This paper assesses the agricultural equipment industry through the perspective of the three leading firms in the United States. It reviews the salient events of the 1990s and relates the business environment to the firms’ financial performance. It then assesses the factors likely to impact performance in the future, drawing on lessons from historical performance and on new environmental factors. The firms’ capital market valuations appear consistent with the expectation that farm equipment firms will resume growth after the farm recession. |
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