“If we look at in production precision Ag, some of the early order programs that are out there with prices, we're in the low single-digit range, 2% to 4% price.”

In context

“res than you and you folks have a really strong track record of pushing through inflation in all forms? So can you just talk about is there any scenario under which you might be price tariff cost negative in '26? Josh Jepsen: Jerry, it's Josh Jepsen. I guess I would start and maybe reiterate a little bit of what I said earlier. I think one of the unique components that we face today is just coming through a period of significant inflation. I think we're very mindful of how much price has been pushed through the system as an industry over, call it, the last 4 or 5 years. And as a result, I think very mindful of what do we do here as we go forward given where the industry sits today. So do we believe we'll get price? Yes. This year, we're doing about a point of price in a challenged market. If we look at in production precision Ag, some of the early order programs that are out there with prices, we're in the low single-digit range, 2% to 4% price. And as Josh Beal mentioned, we'll continue to evaluate those as we go forward. But we think that's reasonable. We're trying to take a measured approach there as we think about not only the customer dynamics, but what does it mean from a margin perspective as we march forward. At the same time, we're going to continue to put more and more effort into not only mitigation efforts, but what are we doing on production costs, whether that's material cost, logistics cost, overheads, which have been favorable thus far this year. We're going to keep pressing on those things, which we have control over. So too early, I think, to predict exactly what '26 looks like. I think we've got a lot of actions that we can take but definitely trying to be measured and mindful from a price perspective for custo”