Deere & Company reported net income of $1.804 billion for the second quarter ended April 27, 2025, or $6.64 per share, compared with net income of $2.370 billion, or $8.53 per share, for the quarter ended April 28, 2024.
Read more
On May 5, Deere & Co. hosted a groundbreaking ceremony on the site of the John Deere Reman Core facility in Stafford, Mo. Deere & Co. first announced last fall.
Read more
Deere & Company reported net income of $869 million for the first quarter ended January 26, 2025, or $3.19 per share, compared with net income of $1,751 million, or $6.23 per share, for the quarter ended January 28, 2024.
Read more
The Federal Trade Commission filed a lawsuit against Deere & Co., on January 15 alleging the company’s repair practices violate competition law.
Read more
John Deere Company plans to layoff 100 employees in its global workforce. Announcing they will be cutting more jobs in its Iowa state production plants, adding to the current 2024 amount of 1,700 jobs and employees.
Read more
John Deere has announced it will suspend production at its plant in Ottumwa, Ia. for a month — from early December to early January — in the wake of reduced customer demand for its products, according to recent news reports.
Read more
Deere reported net income of $1.245 billion for the fourth quarter ended October 27, 2024, or $4.55 per share, compared with net income of $2.369 billion, or $8.26 per share, for the quarter ended October 29, 2023.
Read more
The U.S. Federal Trade Commission is investigating Deere & Co. to determine whether the tractor giant’s equipment repair policies violate consumer protection laws, according to a public filing.
Read more
Sen. Elizabeth Warren accused Deere of failing to honor its agreement with the American Farm Bureau Federation (AFBF) by offering inadequate tools and insufficient disclosures.
Read more
Deere’s worldwide net sales and revenues decreased 17%, to $13.152 billion, for the third quarter of 2024 and decreased 11%, to $40.572 billion, for nine months.
Read more
Deere & Company reported net income of $2.978 billion for the third quarter ended July 30, 2023, or $10.20 per share, compared with net income of $1.884 billion, or $6.16 per share, for the quarter ended July 31, 2022.
Read more
John Deere announced it will be ditching nearly all its diversity, equity and inclusion (DEI) polices in favor of a quality-based workplace.
Read more
Deere announced it will lay off more than 300 production employees in Waterloo, IA, effective September 20.
Read more
Illinois-based Deere & Co. recently announced more job cuts at three Midwest production facilities due to softening demand for tractors and combines.
Read more
Montana Farmers Union President Walter Schweitzer sees the EPA’s recent warning to John Deere as a significant win for farmers’ right to repair. The warning addressed Deere’s equipment manuals that limit emissions control system repairs to authorized dealers, potentially violating the law.
Read more
Deere and Co. will pay $1.1 million in back wages to hundreds of Black and Hispanic job applicants who say they weren’t hired because of their race.
Read more
Since January 2024, John Deere has laid off 650 workers between locations in central and eastern Iowa and more could be on the way.
Read more
Deere & Company reported net income of $2.370 billion for the second quarter ended April 28, 2024, or $8.53 per share, compared with net income of $2.860 billion, or $9.65 per share, for the quarter ended April 30, 2023.
Read more
John Deere is laying off 34 production employees at its Moline Cylinder Works factory at the end of the month.
Read more
John Deere will be laying off more than 300 employees in Waterloo, IA in late April.
Read more
Deere’s sales for production and precision agriculture equipment, its largest division, declined 7% year-over-year in the fiscal first quarter. Revenue for equipment operations fell 8% to $10.5 billion year over year, but topped consensus forecasts of $10.3 billion.
Read more
A federal judge on Monday said Deere & Company must face claims from crop farms and farmers that the agricultural machinery maker has unlawfully conspired to restrict services for maintenance and repair.
Read more
Deere reported net income of $2.369 billion for the fourth quarter ended Oct. 29, 2023,
Read more
Deere & Company reported net income of $2.369 billion for the fourth quarter ended Oct. 29, 2023.
Read more
John Deere and DeLaval, a producer of dairy and farming machinery, have joined efforts to create the Milk Sustainability Center
Read more
John Deere announced it will be placing over 200 production employees on an indefinite layoff effective Oct. 16.
Read more
King Ranch Ag & Turf, which provides John Deere agricultural, commercial and lawn and garden products throughout Texas, announced the acquisition of Brookside Equipment, a John Deere dealership group with 9 stores throughout the Houston, Texas, area.
Read more
Deere reported net income of $2.978 billion for the third quarter ended July 30, 2023, or $10.20 per share.
Read more
John Deere dealer 21st Century Equipment said it named Mike Wemhoff as vice president of precision ag technology.
Read more
John Deere has acquired Smart Apply, a precision spraying equipment company based in Indianapolis, Indiana.
Read more
TTG Equipment of Bluffton and Kenn-Feld Group of Van Wert, Ohio, will merge as equals in late summer.
Read more
Chervon announced a strategic agreement with John Deere. The agreement will allow the brands to provide users with EGO battery-powered lawn care solutions through John Deere dealers.
Read more
Deere & Company recently announced that its Board of Directors elected Jahmy Hindman senior vice president in addition to his current position as chief technology officer, which he has held since 2020.
Read more
Deere & Company reported net income of $2.860 billion for the second quarter ended April 30, 2023
Read more
Colorado legislators passed the nation’s first agriculture equipment right-to-repair bill Tuesday.
Read more
Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs.
Read moreA former John Deere employee is suing the company, saying he was fired for raising safety concerns over electric batteries.
Read more
Deere & Company reported net income of $1.959 billion for the first quarter ended January 29, 2023, or $6.55 per share.
Read more
The future of a right-to-repair class-action lawsuit filed on behalf of 16 farms against John Deere is in the hands of a federal judge.
Read more
Advocates are filing a lawsuit against the EPA, alleging that the agency is not enforcing the Clean Air Act by allowing agricultural equipment companies to prevent farmers from making their own repairs to tractors and other machines.
Read more
John Deere signed an agreement this week to let farmers repair their own equipment. Farmers and their advocates have little trust that Deere will actually follow through on their promise.
Read more
Farmers will now have the right to repair tractors and other agricultural equipment from John Deere without having to use the manufacturer’s own parts and facilities.
Read moreDeere & Co. says corn and soybean production in the US could be fully autonomous by 2030.
Read moreDeere & Company reported net income of $2.246 billion for the fourth quarter ended Oct. 30, 2022, compared with net income of $1.283 billion for the quarter ended Oct. 31, 2021.
Read moreDeere & Company announced that its Board of Directors elected Josh Jepsen, 44, as Senior Vice President and Chief Financial Officer.
Read moreDeere & Company reported net income of $1.9 billion for the third quarter ended July 31, 2022, compared with net income of $1.7 billion, or for the same quarter last year.
Read moreDeere & Company has announced former BorgWarner and Ford Motor Company executive, Felecia Pryor will join its senior leadership team as Senior Vice President
Read moreDeere begins contract negotiations with union at Horicon Works.
Read moreCo-founder of Microsoft Corp. transferred more than 3 million shares of Deere stock to the foundation on Thursday from Cascade Investment LLC
Read moreDeere has announced it will move mower conditioner production from Ottumwa to Mexico by the end of 2023.
Read more