Farm Equipment Market worth $52.79 billion by 2032 | MarketsandMarkets [Yahoo! Finance]

Deere & Company (DE)
Last deere & company earnings: 2/21 06:45 am
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Source: Yahoo! Finance
billion by 2032, at a CAGR of 4.1%, according to a new report by MarketsandMarkets. The farm equipment market has declined from 2022 to 2024 and is expected to continue its trend till 2026–2027. According to a recent report published by the United States Department of Agriculture (USDA), the farm equipment market is primarily driven by a projected ~25% drop in net farm income for 2024, falling from USD 155 billion to USD 116 billion , which has made farmers hesitant to invest in new machinery. Additionally, high operational costs and increasing commodity prices have pressured farmer's budgets, leading to a 15-20% decrease in monthly US tractor sales. Moreover, the demand for balers, sprayers, combines, and the other equipment mar
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DE
News
- Deere & Company (NYSE: DE) had its price target raised by analysts at Morgan Stanley from $450.00 to $500.00. They now have an "overweight" rating on the stock.MarketBeat
- Solar storm could cause colorful auroras over the US tonight [CNN]CNN
- Solar storm could cause colorful auroras over the US tonight [CNN]CNN
- U.S. $340.69 Mn Electric Tractor Market Industry Outlook & Forecast 2024-2029 [Yahoo! Finance]Yahoo! Finance
- Publishing platform Medium says it's sticking with DEI [TechCrunch]TechCrunch
DE
Earnings
- 2/13/25 - Beat
DE
Sec Filings
- 3/27/25 - Form 11-K
- 3/27/25 - Form 11-K
- 3/6/25 - Form 4
- DE's page on the SEC website