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Crops Markets Reuters

Deere posts higher-than-expected profit, trims forecast

Reuters — Deere and Co. on Wednesday reported a stronger-than-expected quarterly profit but trimmed its outlook for full-year sales of farm equipment, citing deteriorating conditions in South America and the former Soviet Union. Sales of the company’s green-and-yellow tractors and harvesters fell a worse-than-expected 12 per cent during the second […]