Happy investors over Deere (Seeking Alpha)

Seeking Alpha published an article explaining why John Deere products are a good investment. The author writes that he started buying Deere because he liked the valuation given the expected surge in ag exports. China is giving the global agricultural industry a boost thanks to its need for corn and soybeans.  Senior Research Fellow Joseph Glauber said, “I think the fact is that China needs soybeans and grain. They have rebuilt their swine population a lot faster than many of us had predicted. The US has been a big beneficiary, particularly in recent months with problems in the Black Sea (region), the China trade dispute with Australia, and concerns about South American crops.”