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Items Tagged with 'Deere and Co.'

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Market slump hits agribusiness, farmers – where’s the bottom?

08/28/24 6:07 AM By Philip Brasher

Farm equipment suppliers such as Deere & Co. have been shedding jobs and other agribusiness giants are reporting weaker business prospects in North America, a potential harbinger of continued softness in farm income as producers head out to harvest crops this fall.

Deere sales sluggish as farm economy slumps

02/15/24 12:20 PM By Philip Brasher and Steve Davies

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Deere and Co. is lowering its forecast for earnings as farmers slow down their equipment purchases amid a slump in commodity prices this year.

Deere bullish on US farm profitability into 2024

05/19/23 12:11 PM By Philip Brasher

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Deere and Co. doubled its operating profit from production agriculture in the latest quarter, expecting row-crop farmers to be “very profitable” this year and making money well into 2024 due to the historically strong commodity markets.

Daybreak Dec. 13: Lawmakers giving themselves more time

12/13/22 10:00 AM By Bill Tomson, Philip Brasher, Jacqui Fatka, Sara Wyant, and Noah Wicks

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Congress will get another week to agree on an omnibus funding bill for fiscal 2023.

Deere forecasts strong equipment demand continuing into 2023

11/23/22 2:52 PM By Philip Brasher

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Deere and Co. saw its earnings soar by 75% in the latest quarter, driven by strong demand for combines and other large farm machinery, and the company sees continued strong performance over the next year.

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07.10.2026

Agri-Pulse Newsmakers: IFPA's Cathy Burns on ag labor and packaging regulations; Ag groups on Brazil

Several states are moving forward with Extended Producer Responsibility laws that shift the cost of recycling packaging from local governments to producers of consumer products. International Fresh Produce Association CEO Cathy Burns explains the consequences of the policy. Plus, Troy Bredenkamp with the Renewable Fuels Association and Krista Swanson with the National Corn Growers Association outline how their sectors are being impacted by Brazil's ag production.

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