Farm equipment leasing doubles
Story Date: 10/15/2019

 

Source: HOOSIER AG TODAY, 10/14/19


A new report shows the leasing of farm equipment has nearly doubled since 2012. The Wall Street Journal reports Deere & Co. is spending billions of dollars each year on its own equipment for leasing programs. Records show that more than one-third of financed purchases of high horsepower machinery made by John Deere is being leased to farmers and construction builders.

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