Deere & Company CEO John May Said, "Looking ahead, we believe 2026 will mark the bottom of the large ag cycle. While ongoing margin pressures from tariffs and persistent challenges in the large ag sector remain, our commitment to inventory management and cost control, coupled with expected growth in small agriculture & turf and construction & forestry, positions us to effectively manage the business and seize emerging opportunities as market conditions begin to recover."
Benzinga
Nov 26, 2025
Deere & Company CEO John May Said, "Looking ahead, we believe 2026 will mark the bottom of the large ag cycle. While ongoing margin pressures from tariffs and persistent challenges in the large ag sector remain, our commitment to inventory management and cost control, coupled with expected growth in small agriculture & turf and construction & forestry, positions us to effectively manage the business and seize emerging opportunities as market conditions begin to recover."
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