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John Deere Spends More on Dealer Incentives, R&D in 2022

On Dec. 15, John Deere filed its 10-K annual report with the SEC, which includes details about the manufacturer’s operations outside its normal earnings reports. Below are 5 key takeaways from John Deere’s 2022 annual report filing.

Backlog Orders

According to the filing, as of Oct. 30, 2022, John Deere’s backlog of orders was valued at around $9.7 billion for its production and precision agriculture segment. At the same point in 2021, Deere said its…

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