0007
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So commodity prices are up and we're all feeling the pain - but not if you make agricultural machinery apparently!
An acquaintance is in "Tractors" and tells me that his firm (one of Europe's biggest) is increasing production by 25%. If you want a new piece of major farm kit for this autumn's harvest - forget it: next spring is earliest delivery. Same situation with other manufacturers also. He tells me that the farmers are making loads of money from the doubling of grain prices etc and they're spending it.
An acquaintance is in "Tractors" and tells me that his firm (one of Europe's biggest) is increasing production by 25%. If you want a new piece of major farm kit for this autumn's harvest - forget it: next spring is earliest delivery. Same situation with other manufacturers also. He tells me that the farmers are making loads of money from the doubling of grain prices etc and they're spending it.
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