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AGCO News4 articles
Deere's $99M Right-to-Repair Deal Advances, Farmers Face Key Deadlines
A federal judge gave preliminary approval to Deere's $99 million right-to-repair settlement, setting an Oct. 29 final hearing. Farmers must decide by Sept. 14 on claims or objections.
Deere Shares Slide 7% Despite Earnings Beat as Farm Demand Stays Weak
Deere & Co shares dropped 7.1% after beating quarterly forecasts but maintaining its full-year profit outlook, with large agriculture sales falling 14%.
Deere's New Plants and Recall: A Fraction of Midwest Job Cuts
Deere announces two new U.S. facilities creating 300 jobs and recalls 324 workers, but the moves are dwarfed by over 2,100 layoffs in 2024 amid weak farm demand and tariffs.
Deere's Tarter Partnership Targets Farm Implement Demand Amid Equipment Slowdown
Deere & Co. has partnered with Tarter USA to launch American-made Frontier flex-wing rotary cutters, targeting farmers who are delaying large equipment purchases but still buying implements. The company's shares gained 0.8% as initial dealer orders exceeded expectations.