And with farmers seeing fatter profits from their crops, many are taking the money and putting it into new farm equipment.
According to the Association of Equipment Manufacturers, September sales of row-crop tractors increased by +46.9% from August, while four-wheel drive tractor sales rose +20.5%.
Because of this, shares of Deere (NYSE: DE) -- the world's largest manufacturer of lawn and farm equipment -- are surging. (more)
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