“Yes, it's Jepsen, the only thing I'd add to that, David, to your question is, yes, we are seeing increased build rates in tractors, and that's kind of back half related to this order activity that we saw come through.”

In context

“ge of the fleet is getting older. We haven't seen much replacement over the last couple of years. and you do have some folks that do need to look to replace even sort of despite of what we're seeing with ag fundamentals. And when you see an improving used inventory market, and we mentioned some significant improvement even over the course of the quarter. And I think most notably, like model year '22, '23 AR is down 20% sequentially in the quarter, just gives you a sense of how those are starting to move. That's starting to free up the trade ladder, free up movement there. And so we are seeing a little bit of pickup from a replacement demand. Not a massive inflection, again, given where the fundamentals are, but replacement does come back over time just given that situation. Joshua Jepsen: Yes, it's Jepsen, the only thing I'd add to that, David, to your question is, yes, we are seeing some increased build rates in tractors, and that's kind of back half related to this order activity that we saw come through. As Josh mentioned, we're already out nearly through 3Q. So the back half of the year, we see some of that step up. But that's based on actual orders that we're seeing. And I think really underlying some of the replacement that Josh just mentioned. And as we see used get healthier, I think that's aiding that trade ladder, aiding the ability to move those used. We've seen stability in used prices. And then as you take inventory down, it's facilitating more activity there. Ryan Campbell: Our next question comes from Tim Thein from Raymond James. Timothy Thein: Josh Jepsen, all the best, and thank you for your help over all these many years. Just a question, circling back on kind of the outline as we came into the year with respect to price versus production costs, given the maybe slower”