Is anyone concerned in the drop of the size of the backlog?
backlog usually drops in this quarter because of the delivery that happes in May/June time frame before the seeding season . Backlog will continue to build throughout the next three quarters ..
Not concerned about backlog but I am concerned about:
1. Iraq sales. Who is paying the bill? Middle Easterners have a habit of receiving without paying. Does anyone know if these sales are prepaid?
2. Lower operating margins on international sales.