Speaker states John Deere's new combine costs over $1 million, while government relief for soybean farmers was only $30/acre and every commodity is currently unprofitable. Historically high equipment prices are colliding with a period of severe farm unprofitability and eroded farmer balance sheets, which will suppress demand for new capital equipment. The fundamental customer base (farmers) cannot afford major capital expenditures, creating significant demand headwinds for agricultural equipment manufacturers. Passage of a substantial farm bill or a rapid, sustained recovery in commodity prices that restores farmer profitability and confidence.