Tariffs throw US, Canadian farm machinery manufacturers into turmoil [Yahoo! Finance]
Deere & Company (DE)
Last deere & company earnings: 2/21 06:45 am
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Source: Yahoo! Finance
With some combines costing more than $800,000, a surprise price hike from a tariff would be a hit most farm budgets cannot easily take. Canada was spared the Trump administration's broad global tariffs on April 2 but faces tariffs on steel and aluminum exports to the U.S. as well as on autos not compliant with the United States-Mexico-Canada Agreement on trade. As of Friday, Canadian farmers said they were unclear whether agricultural equipment is subject to the duties or to Canada's retaliatory tariffs. Sorting out the details could take weeks. Meanwhile, farmers' appetite for new combines, tractors and other farm equipment has slumped, and manufacturers are pulling back. In March, Case IH, an agricultural equipment manufacturer based in Racine, Wisconsin, and owned by global giant CNH Industrial, notified hundreds of workers in North Dakota and Minnesota of layoffs. The company did not immediately respond to a request for comment. The uncertainty is scaring off farmers fr
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News
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- Deere & Company (NYSE:DE) had its price target lowered by analysts at JPMorgan Chase & Co. from $480.00 to $460.00. They now have a "neutral" rating on the stock.MarketBeat
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- Deere: A Secular Agriculture Winner With Long-Term Upside Ahead [Seeking Alpha]Seeking Alpha
DE
Earnings
- 11/26/25 - Miss
DE
Sec Filings
- 12/18/25 - Form 10-K
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- DE's page on the SEC website