(Deere.com)

Deere misses revenue estimates on subdued farm equipment demand

Outlook did not account for any impact from potential import tariffs, retaliatory tariffs company says

Deere's quarterly revenue slumped 35 per cent and missed analysts' expectations as more farmers switched to renting equipment due to weak incomes and high borrowing costs, sending its shares down nearly 4.5 per cent in morning trading on Thursday. The company said its outlook did not account for any impact from potential import tariffs by the U.S. and any retaliatory actions taken by other countries.





The T6 800 will be compatible with up to a 40-foot rigid draper header with flexible cutter bar.

John Deere launches T6 800 combine

The updated Class 7 straw walker model is designed to replace the conventional T670 and will begin production this fall

After New Holland introduced the rotary combine concept with its first TR model in the 1970s, that threshing system came to dominate the market in North America. Though it may […] Read more