"Farmers are under a lot of pressure right now," AGCO CEO Eric Hansotia says on Q2 earnings results. "The price they're getting for their grain is low, and yet their costs for their inputs is high. So their profits are squeezed."

LOT10.64%
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ValidatorVikingvip
· 3h ago
smh watching these profit metrics getting slashed harder than a dormant validator
Reply0
GasGuzzlervip
· 16h ago
Be Played for Suckers has been played for suckers on the farmers.
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pvt_key_collectorvip
· 20h ago
It's better to mine than to be a farmer.
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ImpermanentPhilosophervip
· 08-01 16:26
Farm for a year and play people for suckers once.
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YieldWhisperervip
· 08-01 16:26
classic agricultural yield death spiral... same pattern repeats tbh
Reply0
TokenomicsTrappervip
· 08-01 16:22
classic bear market squeeze, seen this movie before...
Reply0
StakeOrRegretvip
· 08-01 16:21
Earning less and spending more is too difficult.
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GasDevourervip
· 08-01 16:18
This is an economic crisis.
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