GUELPH, Ontario, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Continued Free Cash Flow $320.9 million of Free Cash Flow1 generated in Q3 2025, up $51.3 million from the prior year due to careful cash management;Liquidity1 is strong at $2.2 billion, up $783.7 million or 54.9% from Q3 2024. Mobility Segment Normalized Earnings Growth Continues Normalized Operating Earnings1 increased 87.7% to $165.9 million;Normalized Operating Earnings margins expanded to 8.6%, at the high end of our normal range. Diversified Strategy ...

Core Insights - Illinois soybean growers are facing significant financial losses, averaging up to $64 per acre due to low crop prices and weak exports, as estimated by the University of Illinois [1][8] - The U.S. soybean industry is struggling to find alternative markets to replace China, which has historically been the largest importer of U.S. soybeans [2][15] - The trade war between the U.S. and China has led to a 39% drop in U.S. soybean exports to China by volume, resulting in a 51% decrease in value, equating to a loss of billions for farmers [8][18] Market Dynamics - Farmers are storing their crops in hopes of price recovery, as they have sold some harvests at prices below production costs [2][5] - The U.S. has seen a slight increase in exports to countries like Bangladesh and Vietnam, but these markets are not sufficient to offset the losses from the absence of Chinese demand [9][12] - The U.S. Agriculture Secretary announced a commitment from Taiwan for $10 billion in U.S. agricultural purchases over four years, but this does not represent an increase in demand [11] Industry Impact - The decline in soybean exports has negatively affected related industries, including equipment manufacturers like CNH, which reported a 20% drop in net sales in its agriculture business [19] - The financial strain on farmers is expected to have broader implications for rural America, affecting various sectors beyond agriculture [18] - The U.S. soybean industry is exploring new markets in regions like Southeast Asia and North Africa, but these efforts are still in early stages and may take time to yield results [10][14]

Core Viewpoint - CLAAS, a German manufacturer of agricultural equipment, is shifting some production overseas due to tariffs affecting its operations in the U.S., particularly impacting its Lexion combine production [1][2]. Group 1: Production Decisions - CLAAS will move the production of the 2026 Lexion 8000 from Nebraska to Germany to avoid import taxes on combines intended for Canada [2]. - The company is reviewing pre-order data to assess production needs in Omaha, but has stated that no layoffs are planned [3]. Group 2: Operations and Expansion - Despite the production shift, CLAAS is expanding its sales and service operations in Nebraska and has recently begun construction on a new research and development hub in Omaha [3]. Group 3: Economic Implications - The decision to move production highlights the risks associated with broad tariff impositions on manufacturers with complex global supply chains, as it may lead to unintended consequences such as trade wars and increased prices [4].