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2026-02-18 01:49:43
[CNH, one of the world's largest agricultural machinery manufacturers, predicts industry recovery will be delayed until 2027] CNH Industrial NV, one of the world's largest agricultural machinery manufacturers, has stated that the plight of North American farms will persist due to low grain prices and trade uncertainty, delaying the industry's recovery until next year. The company, which owns well-known tractor brands such as Case IH and New Holland, revealed in a statement that global agricultural machinery demand this year may "decline by another 5%, reaching a historic low." Despite the Trump administration's $12 billion farmer aid program, CNH's competitor AGCO Corp. stated earlier this month that these aid measures have not yet translated into actual new sales.
