Deere & Co. delivered a more cautious outlook than expected for the year ahead as simmering U.S.-China trade tensions and difficult growing conditions keep North American farmers from replacing large equipment.
November 27, 2019Business, Equipment
Deere Shares Fall; New CEO Adopts Cautious Outlook
Business
Deere Appoints New CEO
Deere & Co. is promoting John May to lead the tractor-making giant through a tough agricultural environment, with outgoing CEO Samuel Allen, 66, to stay on as chairman.
August 29, 2019Government, Business
Farm Suppliers Absorb Trade, Weather Blows Better Than Expected
So far, the unprecedented trade and weather disruptions that are roiling American farmers aren’t stopping their suppliers from raking in profits.
July 30, 2019Business, Logistics
Deere to Raise Prices as Raw Materials, Tight Capacity Push Costs Higher
Deere & Co. plans to raise prices as the world’s biggest farm-machinery manufacturer is buffeted by rising costs for freight and raw materials.
May 18, 2018