Data & Forecasts

Deere Announces 4Q Earnings Down 20% vs. Year Ago

Net income attributable to Deere & Company was $649.2 million, or $1.83 per share, for the fourth quarter ended October 31, compared with $806.8 million, or $2.11 per share, for the same period of 2013. For fiscal 2014, net income attributable to Deere & Company was $3.162 billion, or $8.63 per share, compared with $3.537 billion, or $9.09 per share, in 2013.
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Forecast & Trends

Biofuel Feedstock Harvest Equipment Coming of Age

The prospect of commercial production of cellulosic ethanol from corn stover — which is now a reality with the opening of the POET-DSM Advanced Biofuels plant in Emmetsburg, Iowa — has spurred ag engineers to develop new equipment to improve efficiency of the harvesting process and quality of the material delivered to processing plants.
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On The Record

Amazone, New Holland Claim World Records

In today’s newscast Michael Boehlje, distinguished professor of agricultural economics at Purdue Univerity, shares his insights on how long the downturn could last, we look at some new world records in ag productivity, plus we take a closer look at third quarter earnings for several companies, including precision equipment manufacturer Raven Industries, as well as Rocky Mountain Dealerships and Cervus Equipment Corp.’s third quarter earnings.
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