Deere Acquires Sentera
John Deere recently acquired Minnesota-based Sentera, a provider of remote imagery solutions for agriculture.
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Deere
Deere Announces $20 Billion Investment to U.S. Over Next Decade
During the Q2 2025 earning’s call, John Deere Chairman and CEO John May announced a bold commitment to invest $20 billion in the United States over the next 10 years, underscoring the continued dedication of John Deere to American workers, communities, and manufacturing.
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Deere Reports 16% Drop in Second Quarter Sales
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.
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Deere Reports 16% Drop in Q2 Sales
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.
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Deere Breaks Ground on $13.5 Mil Remanufacturing Facility
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.
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Deere Reports Q1 Net Income of $869 Million
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.
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FTC Files Lawsuit Against Deere
The Federal Trade Commission filed a lawsuit against Deere & Co., on January 15 alleging the company’s repair practices violate competition law.
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Deere Adds More Iowa Layoffs
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.
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Deere Plans Temporary Closure at Ottumwa Facility in Iowa
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.
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Deere Reports Q4 Net Income of $1.245 Billion
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.
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Trade Commission Probes Deere Over Right to Repair
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.
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Deere Accused of Clean Air Act Violations Over Emissions Repair Restrictions
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.
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Deere Q3 Sales Down 17%
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.
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Deere Reports Q3 Earnings; Sales Down 17%
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.
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Deere No Longer Supporting DEI Initiatives
John Deere announced it will be ditching nearly all its diversity, equity and inclusion (DEI) polices in favor of a quality-based workplace.
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Deere Laying Off Additional Waterloo Workers
Deere announced it will lay off more than 300 production employees in Waterloo, IA, effective September 20.
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Deere Announces More Layoffs in Illinois and Iowa
Illinois-based Deere & Co. recently announced more job cuts at three Midwest production facilities due to softening demand for tractors and combines.
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Deere Warning a Win for Right-to-Repair Advocates
Montana Â鶹apps 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.
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Deere to pay $1M in Discrimination Case
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.
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Deere Plans to Shift Production Amidst Midwest Manufacturing Slump
Since January 2024, John Deere has laid off 650 workers between locations in central and eastern Iowa and more could be on the way.
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Deere Reports Second Quarter Net Income
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.
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Deere Lays Off 34 Moline Cylinder Works Employees
John Deere is laying off 34 production employees at its Moline Cylinder Works factory at the end of the month.
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Deere Lays Off 308 Employees at Waterloo Works
John Deere will be laying off more than 300 employees in Waterloo, IA in late April.
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Deere Cuts Profit Outlook: Borrowing Costs Hurt Tractor Demand
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.
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Deere Right-to-Repair Lawsuit to Continue
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.
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Deere Reports Q4 Earnings
Deere reported net income of $2.369 billion for the fourth quarter ended Oct. 29, 2023,
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Deere Reports $61.3 Billion in Q4 Earnings
Deere & Company reported net income of $2.369 billion for the fourth quarter ended Oct. 29, 2023.
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Deere Partners with DeLaval for Sustainable Milk Production
John Deere and DeLaval, a producer of dairy and farming machinery, have joined efforts to create the Milk Sustainability Center
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Deere Announces Layoff for Over 200 Workers in East Moline
John Deere announced it will be placing over 200 production employees on an indefinite layoff effective Oct. 16.
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Deere Dealer King Ranch Ag & Turf Acquires Brookside
King Ranch Ag & Turf, which provides John Deere agricultural, commercial and lawn and garden products throughout Texas, announced the acquisition of Brookside Â鶹app, a John Deere dealership group with 9 stores throughout the Houston, Texas, area.
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Deere Reports Q3 Income of $2.978 Billion
Deere reported net income of $2.978 billion for the third quarter ended July 30, 2023, or $10.20 per share.
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Dealer News: 21st Century Appoints New VP of Precision Ag
John Deere dealer 21st Century Â鶹app said it named Mike Wemhoff as vice president of precision ag technology.
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John Deere Acquires Smart Apply
John Deere has acquired Smart Apply, a precision spraying equipment company based in Indianapolis, Indiana.
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Dealer News: Two Deere Dealer Groups Join Forces
TTG Â鶹app of Bluffton and Kenn-Feld Group of Van Wert, Ohio, will merge as equals in late summer.
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John Deere and EGO Form Distribution Partnership
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.
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Deere Announces Senior Leadership Changes
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.
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Deere Reports Second Quarter Earnings
Deere & Company reported net income of $2.860 billion for the second quarter ended April 30, 2023
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Colorado Passes Right-to-Repair Bill
Colorado legislators passed the nation’s first agriculture equipment right-to-repair bill Tuesday.
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Farm Equip Mfrs. Hope to Lure Silicon Valley Tech Workers
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 moreDeere Employee Fired Over Battery Safety Risks
A former John Deere employee is suing the company, saying he was fired for raising safety concerns over electric batteries.
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Deere Reports Q1 Earnings
Deere & Company reported net income of $1.959 billion for the first quarter ended January 29, 2023, or $6.55 per share.
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Deere Seeks to Dismiss Class Action on Right-to-Repair
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.
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EPA Sued for Not Enforcing Clean Air Act
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.
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Deere Says Â鶹apps Can Fix Their Tractors—Sometimes
John Deere signed an agreement this week to let farmers repair their own equipment. Â鶹apps and their advocates have little trust that Deere will actually follow through on their promise.
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Â鶹apps Win Right-to-Repair Deere Â鶹app
Â鶹apps 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 Predicts ‘Total Autonomy’ by 2030
Deere & Co. says corn and soybean production in the US could be fully autonomous by 2030.
Read moreDeere Q4 Earnings Exceed Wall Street Expectations
Deere & 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 moreNew CFO for Deere
Deere & Company announced that its Board of Directors elected Josh Jepsen, 44, as Senior Vice President and Chief Financial Officer.
Read moreDeere Reports Q3 Results
Deere & 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 Announces Senior VP & Chief People Officer
Deere & Company has announced former BorgWarner and Ford Motor Company executive, Felecia Pryor will join its senior leadership team as Senior Vice President
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