AG

The popular Scottish brand produced by AG Barr in Cumbernauld had already changed its formula when the sugar tax was first introduced in 2018, affecting drinks containing more than five grammes of sugar per 100ml.

“Looking ahead, we believe 2026 will mark the bottom of the large ag cycle,” said CEO John May in a news release.

He said 2026 “will mark the bottom of the large ag cycle.”

And for the production and precision ag business, which includes the large ag equipment and advanced agricultural tools and technologies, Deere expects sales for the coming year to decline 5% to 10%.

There are bright spots, however, as sales for both the small ag and turf and construction and forestry businesses are expected to be up about 10%, while the FactSet consensus implies growth of 2.2% and 4.3%, respectively.