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2026-02-18 02:01:33
CNH Industrial NV, one of the world's largest agricultural machinery manufacturers, said that the difficult situation on North American farms will continue due to low food prices and trade uncertainty, and the industry recovery has been postponed to 2027. CNH, which owns tractor brands such as Case IH and New Holland, said in a statement that global demand this year may "fall another 5%, to historic lows." Despite the Trump administration's $12 billion farmer aid package, its competitor AGCO Corp. said earlier this month that the aid has not yet translated into new sales.
