The company is containing to maintain strong maintenance contracts, however, net sales have dropped 20%. A weak market today hurts the company for the long term with less service contracts. The ...
Higher tariffs and lower crop prices are dampening demand for John Deere equipment as the company says many of its customers "remain cautious" about the economy. Why it matters: Deere serves as a ...
Deere faces long-term tailwinds, including labor scarcity, rising output needs, and demand for autonomous solutions, supporting a bullish outlook. DE targets 10% of revenues from services by 2030, ...
Trump announced details of the $12 billion farm aid on Monday during a Cabinet meeting. The aid aims to support farmers who have faced higher costs this year, which could be due to trade wars and ...