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John Deere Union Employees Reject Tentative Agreement, Strike Deadline Set

October 11, 2021 | Posted in Ag Equipment Business

A press release from United Auto Workers stated that 90% of its John Deere members rejected a tentative agreement the union's national bargaining team had reached on Oct. 1.

John Deere, United Auto Workers Reach Tentative Labor Agreement

October 1, 2021 | Posted in Ag Equipment Business

A press release from the United Auto Workers announced today that the elected national bargaining team at John Deere has reached a tentative agreement.

Brazil: John Deere, Ericsson Partner to Expand Rural 5G Network

September 15, 2021 | Posted in Technology

John Deere and Swedish telecommunications company Ericsson have signed a cooperation partnership to expand the 5G network in rural areas of Brazil and develop new mobile applications that would be used in the agricultural business.

Ag Equipment Manufacturers R&D Expenses — 2011-20

September 15, 2021 | Posted in Data & Trends

In our most recent list, Ag Equipment Intelligence has gathered financial data from the filings of the ag industry’s key publicly-traded manufacturers and compiled its own list of these companies’ research and development expenses.

Deere Reports Third Quarter Net Income of $1.667 Billion

August 20, 2021 | Posted in Earnings Reports

Deere & Company reported net income of $1.790 billion for the second quarter ended May 2, 2021, or $5.68 per share, compared with net income of $666 million, or $2.11 per share, for the quarter ended May 3, 2020.

Deere Invests in ‘Next Frontier of Agriculture’ with Acquisition of Autonomous Driving Startup

August 14, 2021 | Posted in Technology

Deere & Co. is furthering its investment in precision agriculture with the acquisition of a startup that develops autonomous driving technology compatible with existing machines.

John Deere Partners with Brazilian Telecomm Firm to Develop 5G Tech

July 26, 2021 | Posted in Technology

According to a report from Intelligent CIO, John Deere and Ericsson Brazil have established a partnership to "research and develop technological innovation using 5G technology to boost new agribusiness revenue."

Ag Equipment Factories in Argentina Receive More Investments

July 15, 2021 | Posted in Ag Equipment Worldwide

Several companies in Argentina are announcing new investments in agricultural machinery factories. The process was already robust at the end of 2020 and consolidated in the first quarter of 2021.

Ag Equipment Manufacturers — 2020 Executive Compensation

June 15, 2021 | Posted in Ag Equipment People

In its most recent list, Ag Equipment Intelligence has gathered financial data from the filings of the ag industry’s key publicly-traded manufacturers and compiled its own list of these companies’ executives’ compensations.

Deere-&-Co-Net-Sales-&-Revenues-—-2Q21.jpg

John Deere Reports $12 Billion in 2Q21 Sales, Up 30% YOY

June 15, 2021 | Posted in Earnings Reports

John Deere reported net income of $1.8 billion for its second quarter ended May 2, 2021, compared with net income of $666 million for the same quarter last year. For the first 6 months of the year, net income attributable to Deere was $3 billion, up from $1.2 billion for the same period last year.

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Deere Fails to Reach Agreement with UAW, Workers Strike at 14 Plants

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Deere Workers Strike for First Time in More Than 30 Years

In this week's episode we take a first look at the UAW strike at 14 of Deere's U.S. facilities. In the Technology Corner, Michaela Paukner examines Kubota's planned acquisition of AgJunction for $72.8 million. Also in this episode, California Gov. Gavin Newsom has signed a bill that will ban gas-powered small-off road engines. Ben Thorpe reports on dealers early orders heading into 2022, based on the results of Ag Equipment Intelligence's Dealer Business Outlook & Trends report. Art's Way reported its second straight profitable quarter, and saw Agriculture Products segment sales for the third quarter improve by 27% vs. last year.

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