Deere and Company earned $1.13 billion in the quarter ending April 28, down from $2.21 billion is the same period last year. Delayed planting and the U.S. China trade war are causing caution in the sector. The company reported a five percent jump in overall sales. Construction and forestry sales were up 11 percent to $2.99 billion. Agriculture and turf sales were up three percent to $7.28 billion.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.