Deere & Company reported net income of $757 million for the fourth quarter ended Nov. 1, 2020, compared with net income of $722 million for the quarter ended Nov. 3, 2019. For fiscal 2020, net income attributable to Deere & Company was $2.8 billion, compared with $3.3 billion in 2019.
The latest episode of On the Record is now available! In this week's episode we discuss two tractor lines that had disappeared from the U.S. market — Bobcat and Farmtrac — that are set to make a return. In the Technology Corner Jack Zemlicka discusses dealers' 5-year precision revenue outlook. Also in this episode, Deere & Co.'s third quarter earnings report and Cervus Equipment's second quarter earnings.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.