“On small ag, Steve, and specific to turf, our forecast is based off of housing starts coming up a little bit next year, not a massive increase, a low single-digit increase in home sales, should say, not housing starts, home sales.”

In context

“s out, and that will be impactful on the market. But that's, I think that's embedded sort of in that combination of caution optimism, which is what's reflected in the flat guide. The only thing I would say is just on our order books in the region, they look really strong. I mean, we are about five months out in Brazil. So we've got pretty good coverage through most of the first part of the year. Obviously, we need to see how that plays out in the back half. But from an order velocity standpoint, it looks good. I think one other positive there in Brazil is high-value crop. As we've seen some tariff relief on things like coffee, beef, citrus, particularly if you think about our small and mid-tractor business, think that bodes well for the industry and in turn for us and our dealers as well. On small ag, Steve, and specific to turf, our forecast is based off of housing starts coming up a little bit next year, not a massive increase, a low single-digit increase in home sales, should say, not housing starts, home sales. In 2026. That's based off of some expectations around easing in The U.S. We'll see how that plays out. But as we see home sales come back, that tends to be supportive of our turf business. And so we've got some modest growth in turf as well, which is reflected in that small ag guide. Of flat to up five. Jeff: Yes. One thing I'd add this is Jeff. And I think the prospect of a little more a few more interest rate cuts and what that could mean for housing both for our earthmoving, compact construction, and turf are all positive. Particularly given just the low levels of inventory, we're under from a single-family housing perspective. So I think that a little bit of continued rate easing there would be positive. Yes. Thanks for the question, Steve. This concludes today's call, and we really a”