“our underproduction should put us in the best position to generate strong returns in the back half of the year.”

In context

“duct lines to provide stability to our overall construction and forestry segment. This is Josh. Maybe just to summarize here, we feel good about our C&F business. However, we're being proactive, learning lessons from previous cycles as well as our ag business. Important to note that even with this underproduction, we're weathering the demand reduction in the competitive environment better than we have in the past. This is a testament to the efforts of our team to drive structural improvements alongside differentiated customer value, as we continue to concentrate our investments in margin-accretive opportunities. Josh Beal: Yeah. That's great insight into what appears to be a dynamic market right now, Josh. Even tougher competition and uncertainties surrounding long-term end market demand, our underproduction should put us in the best position to generate strong returns in the back half of the year. Now for our last topic, I'd like to focus on our technology progress. Josh and Cory, there have been quite a few new product releases and milestones achieved over the last twelve months. Can you walk us through some of those key highlights and what it means for the business going forward? Cory Reed: Sure. I can start. 2024 represented a year of significant new product introductions and technological advances available on our model year 2025 equipment. These releases, ranging from our most powerful tractor ever designed to new seeding equipment to the most advanced harvesting technology to date, are a testament to the success we've seen in our production systems approach. At the top end of our tech stack, we're seeing record adoption of some of our most advanced features. For example, over”