Morgan Stanley's research department recently published some "Teach-In" presentations for clients.
This interesting slide comes from the firm's 391-slide "Industrials Teach-In." It includes the name, function, manufacturers, and prices of a bunch of farm equipment.
Why spend $400,000 on a Rolls Royce Phantom when you can get a John Deere four-wheel-drive, 400 horse power tractor?
Morgan Stanley