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Deere’s Short-Term Outlook Outshines USDA

December 1, 2016 | Posted in Data & Trends, Earnings Reports

Comparing Deere & Co.’s outlook for 2017 issued on Nov. 23 to that of USDA’s issued earlier this year, you would have to conclude that the world’s largest manufacturer of farm equipment is a bit more optimistic about the year ahead than is the U.S. ag agency.

Deere’s Big Ag Equipment Sales Lag Industry in August

September 1, 2016 | Posted in Earnings Reports

John Deere released its monthly ag equipment retail sales comment for August on Sept. 12.

Deere Clarifies 'Trough' Comment; Reiterates Long-Term Goals

February 10, 2015 | Posted in Equipment & Equipment Sales

Deere & Co. caused a bit of a stir when it used the term “trough” to describe its forecasted sales volumes for 2015.

Deere Clarifies ‘Trough’ Comment; Reiterates Long-Term Goals

January 1, 2015

Deere & Co. caused a bit of a stir when it used the term “trough” to describe its forecasted sales volumes for 2015. During its analysts’ breakfast last week, Deere management said that it did itself a disservice by not explaining the context of the term “trough.”

Deere Looks for a Slowdown in 2014; Still Better Than Many Expect

November 25, 2013 | Posted in Earnings Reports

Deere & Co.’s earnings report surprised more than a few analysts, but many aren’t buying into the company’s forecast for the year ahead, though it’s lower than their fiscal 2013 results.

Deere’s 2Q Net Income Up 2.7%, Projects Ag Equipment Growth of 5% for Year

May 1, 2013 | Posted in Earnings Reports

Deere & Co. saw another strong quarter, reporting on May 15 that its net income for the period ended April 30 was $1.084 billion compared with $1.056 billion for the same period last year, or up 2.7%. Through the first six months of its fiscal year, the company produced net income of $1.7 billion vs. $1.6 billion last year.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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