Deere & Co.

NYSE:DE   3:59:58 PM EDT
352.46
+3.21 (+0.92%)
4:00:02 PM EDT: $352.42 -0.04 (-0.01%)
Other Pre-Announcement

Deere Says Co's Large Tractor Order Book In The U.S. Extends Through Q2 Of Fiscal Year '22 - Conf Call

Published: 08/20/2021 15:08 GMT
Deere & Co. (DE) - Deere Exec Says Co Expects to Produce Large Farm Equipment in Line With Demand With Inventory Expected to Remain Tight- Conf Call.
Deere Exec Says Higher Commodity Prices, Strong Production Have Boosted Profitability of Farmers, Driving Orders Through the Remainder of 2021 and Into Q1 of Fiscal Year 2022.
Deere Exec Says Co Expects to Spend $1.5 Billion in Fiscal 2021 Due to Higher Raw Material Prices and Logistics Costs.
Deere Exec Says Co Expects Many Supply Chain Challenges to Persist Through the End of This Year and Into Next.
Deere Exec Says 2021 Guidance Does Not Contemplate a Significant Shutdown of Operations.
Deere Exec Says Results From Co's Planter and Sprayer Early Order Programs Indicate Robust Demand Will Continue Well Into Next Year.
Deere Exec Says Take Rates for Co's Advanced Precision Features, Were Up Significantly From Last Year, Reaching All-time Highs.
Deere Exec Says Co's Large Tractor Order Book in the U.S. Extends Through Q2 of Fiscal Year '22.
Deere Exec Says Take Rates for Co's Premium and Automation Activations Also Reached All-time Highs.
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