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Utkarsh Shetti


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(John Deere photo)
Machinery

Deere forecasts weak annual profit as farm incomes sag

By Reuters, Shivansh Tiwary, Utkarsh Shetti November 21, 2024
Deere & Co forecasted lower-than-expected 2025 profit on Thursday, as slumping farm incomes and inflationary pressures affect demand for the company's tractors and other agricultural equipment.

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