“As we close out the year, what we're going to see is buying that's driven off of those policies.”

In context

“there's a lot in there. I think we're still sorting through and how those things impact. One of the big ones is R&D expensing versus capitalization. I think over time, that will be a positive for us. And there's a lot of other puts and takes. But I think broadly, I'd say from a tax policy perspective, I think beneficial for the company as well as for customers. I mentioned bonus depreciation on the construction side, where we see opportunities there. But Cory, anything you'd add from your side? Cory J. Reed: Yes. I think in the near term, the closest right now as we get ready to enter harvest, the big thing that's driving the demand side is what we're seeing in the size of the crop. The crop is large, and that means customers need more equipment and more throughput in order to get it in. As we close out the year, what we're going to see is buying that's driven off of those policies. So we know as folks finish out their year in October, November and they head to their accountants, they're going to measure the impact of those and have to decide that they do some year-end buying. And we think we're positioned well on the year-end buying side, both on the used side. We're seeing that quoting activity start today, but we think it will carry through, through the end of the year because of what's going to happen with year-end tax buying. Operator: Our next question now is from Jairam Nathan with Daiwa. Jairam Nathan: I just wanted to understand the puts and takes in terms of margins for next year. I understand you'll be producing in line with retail, but -- and that's kind of unknown. But in terms of -- on the margin side between pricing, production efficiencies, if you cou”