Deere Early Orders Solid Through 1Q & 2Q 2013

Not only did Deere & Co. fourth quarter earnings disappoint analysts, its fiscal year 2013 outlook came in lower than market expectations. At the same time, the company reported that its early order program for combines and other equipment is progressing nicely.  According to reports, the company is expecting to raise equipment prices by about 3% for its new ag and turf equipment, particularly large machinery.

Despite the early positive signals, Deere still expects its…

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