Deere says government programs have provided a leveling effect for farmers - conf call

Deere ag & turf unit president says phase 1 agreement with china remains an unknown at this time.deere ag & turf unit president says home and lawn projects have lifted demand for turf and utility equipment during lockdown.deere ag & turf unit president says all china facilities are currently open - conf call.deere ag & turf unit president says substantially all dealers remain operational - conf call.deere says continue to see strong adoption of co’s precision ag technology.deere says the government programs have provided a leveling effect for farmers.deere says will underproduce more than expected in construction business.deere expects road building to be down 25% for the full-year.deere says incremental covid related costs, premium freight to weigh on ag and turf margins in the back half of the year.deere says back half ag and turf volumes to be down more than first half.
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