Deere Buys Harvest Profit
John Deere has acquired Harvest Profit. This Fargo-based software company helps farmers forecast and measure profitability on a field-by-field basis. The financial terms of the deal were not announced.
Articles tagged under: John Deere
Deere and Company Temporarily Stops Production in IA
Deere and Company stopped production at its construction equipment plant in Dubuque, Iowa. This action is happening after a worker tested positive for coronavirus. Deere says the plant is being disinfected and plans to call workers back on a staggered…
Vasichek Passes
The founder of Leading Edge Equipment James “Jim” Vasichek has passed away. Vasichek purchased the John Deere dealership in 1963 and spent 32 years in the industry. Leading Edge is based in Michigan, North Dakota and has stores in Devils…
Deere and Company Reports a Decline in 4Q Earnings
Deere and Company is reporting fiscal year 2019 fourth quarter earnings of $722 million on gross income of $9.9 billion. That's down eight percent from the fourth quarter of 2018. Fiscal year 2019 full year net income is reported at…
Deere Now Connected to WinField United Data Silo
WinField United’s Answer Tech Data Silo is now assessible through John Deere equipment. Farmers who use the built-in technology found in Deere equipment can now filter that information to this cloud-based data management system. The technology is designed to streamline…
Deere Reports Lower Outlook for the Year
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…
Deere and Company Shows Boost in Q4 Earnings
Deere and Company is reporting fourth quarter earnings of $785 million on earnings of $8.3 billion, an increase from $510 million one year ago. For the year, Deere says total revenue increased 17 percent to $9.4 billion. Read more on…
Helping the American Farmer in Tough Trade Times
Agriculture businesses are concerned about the tariff situation for farmers. Deere and Company Chairman and CEO Sam Allen says the tariffs aren’t good. "We're talking to the administration all the time. We need to change this because once trade routes are…
Deere Unveils New Features for ’19 Tractors
John Deere has announced updates for its 9R family of tractors for model year 2019. For the first time, Deere is offering a 120-inch track spacing option for 9470RX, 9520RX and 9620 RX series four-track tractors. A factory-installed Generation 4…
Deere & Company Files Patent Lawsuit
Deere & Company announced it has taken legal action against Precision Planting LLC and AGCO Corporation, claiming the companies have infringed on 12 John Deere patents. According to a company news release, the patents relate to several aspects of John…
