Deere & Co. CEO and Chairman Samuel Allen says he’s worried about the lasting impact a trade war could have on U.S. producers, particularly soybean growers.

Worldwide net sales and revenues increased 17% to $9.4 billion for the quarter and rose 26% to $37.4 billion for the full year. Net sales of equipment operations were $8.3 billion for the quarter vs. $7.1 billion in the same quarter last year and $33.4 billion for the year vs. $25.9 billion in 2017.

PLA is based in Argentina with manufacturing facilities in Las Rosas, Argentina, and Canoas, Brazil.

Max Guinn is retiring after 38 years of service at Deere. After joining Deere as an engineer in 1980, his career included a variety of management and leadership assignments. James Field, who had been a president in Deere’s Agriculture & Turf Division, will succeed Guinn as president of Worldwide Construction & Forestry.

In this podcast we report on Deere & Co.'s third quarter earnings, which saw net sales increase 32%. In the Technology Corner, Jack Zemlicka discusses precision farming dealers' 5-year investment projections. With uncertainty stemming from tariffs, trade and commodity prices we also look at how manufacturers, dealers and producers are responding. Finally, according to the Federal Reserve Bank of Minneapolis, farm income, capital spending and farmland values are all down.

Deere & Co. reported net income of $910.3 million for the third quarter ended July 29, 2018 compared with net income of $641.8 million for the quarter ended July 30, 2017.

AgriVision Equipment will now have 17 convenient locations serving customers throughout Iowa, Nebraska, Missouri and South Dakota.

In this podcast, we explore the possible outcomes of Deere's lawsuits against Precision Planting and AGCO, how high-speed ISOBUS will expedite plug & play compatibility, Titan Machinery's first quarter earnings for fiscal year 2019, and rancher sentiment and changes to the Financial Accounting Standards Board's accounting standards for companies that lease equipment.

After struggling with shrinking sales and revenues since 2014, the Big 3 of ag equipment — AGCO Corp., CNH Industrial and Deere & Co. — each posted the strongest results they’ve seen in a while.