Insights and Stories on John Deere

Jun. 5, 2024 at 11:06 am CDT

Deere & Co said on Wednesday it would cut an unspecified number of production and salaried jobs to save costs as it grapples with a downturn in farm equipment demand.

By Reuters

May. 16, 2024 at 9:38 am CDT

Deere has trimmed its annual profit forecast for the second time, squeezed by slumping demand for tractors and combines as falling crop prices pressure farm income.

By Deborah Mary Sophia, Reuters

Feb. 15, 2024 at 10:08 am CST

Deere & Co cut its 2024 profit forecast on Thursday as farmers remained hesitant about big-ticket equipment purchases due to high borrowing rates and falling crop prices, even as its first-quarter sales and profit topped Wall Street estimates.

By Bianca Flowers, Reuters, Shivansh Tiwary

Jul. 19, 2023 at 5:36 pm CDT

Ag in Motion’s 2023 edition continued to make equipment demonstrations a central part of its presentation to farmers. Not only can farmers kick the tires on a machine of interest — they can actually see how it performs compared to competitors. That definitely helps inspire confidence when making a buying […]

By Scott Garvey

Jun. 22, 2023 at 4:23 pm CDT

John Deere has expanded its Performance Tiering offerings with the shift from L-Series to P-Tier for the 244, 324 and 344 Compact Wheel Loader models. The new P-Tier compact wheel loaders will carry over all L-Series features and introduce new productivity-enhancing qualities. “As we continue to make the shift from […]

By Glacier FarmMedia staff