Deere & Co forecast an annual profit below estimates on Wednesday, pressured by tariff impacts and weaker margins from its large tractors, sending the farm-equipment maker’s shares down nearly five per cent.
Deere forecasts weak annual profit on tariff hit
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More Canadian companies at Agritechnica 2025
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Claas Axion 9.450 tractor wins ‘Tractor of the Year’ at Agritechnica 2025
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Precision ag, right to repair policies priority for Association of Equipment Manufacturers
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Deere’s quarterly profit falls as U.S. tariffs bite farm equipment margins
Deere & Co reported a lower third-quarter profit and tightened its annual profit forecast on Thursday, as U.S. tariffs dent margins on its farm equipment, sending the company's shares down six per cent.