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The world’s biggest farm machinery maker said in a statement to Bloomberg that it “has kept focus on supporting our customers and helping them build for the long haul.” 

The weak outlook for the maker of iconic green and yellow tractors comes as farmers have been hit hard by low crop prices and President Donald Trump’s tariff policies.

Tyson Foods is ending operations at a beef plant in Nebraska and cutting a shift at a Texas facility as the meat producer loses millions amid the smallest American cattle herd in decades.

It’s unclear if the next few months will mark a turning point for the struggling farm machinery sector, with minimal details on the U.S.-China trade deal for manufacturers.

Tariff tensions are making the North American farm market the most uncertain in the world even as conditions in Europe and Asia start to improve.

The world’s biggest farm machinery maker pared its full-year earnings outlook with lower grain prices curbing farmers’ spending.

Chicago corn futures fell to the lowest level in nearly a year after the Department of Agriculture raised its already record-large outlook for the American harvest.

Corn is holding above the key psychological threshold of $4 a bushel with America’s most widely grown crop on track for a record harvest. Meanwhile, soybeans have drifted below $10 a bushel.

Farmers will soon start feeling the impact from President Donald Trump’s tariffs in the form of higher prices for the machines used to plant, treat and harvest fields.

Farmers are still delaying equipment purchases a President Donald Trump’s tariffs cloud demand for crops and risk further extending a yearslong slump in the sector.