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Re: More proof Brazil is on the verge...
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Posted by Indydirtfarmer on October 14, 2004 at 03:52:55 from (66.83.236.250):
In Reply to: More proof Brazil is on the verge... posted by farmerboybill on October 13, 2004 at 19:57:38:
On the VERGE? I've got news for you! They're already there. Brazil and Argentina are well into the proccess of running the U.S. out of the soybean market. Or at the very least, making it so unprofitable for us that we just won't care to compete. John Deere has been building factories south of the border for almost 50 years now. (Mexico and Argentina) The Brazil plant is just a further extention of that effort. (Massey Furguson already has a HUGE operation in Brazil) John Deere went "world-wide" long before it became popular, and then UN-popular. They have had plants in Germany, France, Austrailia, Argentina, Mexico, and all over rhe world, for half a decade. That is/was their "stratagy" that allowed them to out-perform their competition throughout the last 50 years. By the time "off-shore" business became a dirty word, Deere was well established in global operations, and global marketing. They escaped the wrath of "leaving the U.S.", like so many companies do today, by pulling the bandwagon, instead of jumping on it later. They have always been a progressive, well managed business. That is why they are still JOHN DEERE, while IH is under new ownership for the 2nd time in 30 years. We can't just "get mad" about the world competition. We have to adapt, improvise, and overcome. (Thanks USMC) So get used to low commodity prices. They're here to stay. John
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