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Deere & Co. Shares Plunge After Profit Forecast Misses

11/27/2025

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Summary

Story summary

Deere & Company (Deere & Co.) posted a 2026 profit forecast that missed expectations and its shares fell 5.7%.
The company expects a 15%–20% decline in sales for its large United States and Canada agriculture segment in 2026.
A trade deal with China reduces uncertainty but its effects on crop shipments and farmer purchases remain unclear.
Tariffs could add about $1.2 billion in costs in 2026, squeezing profits.

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Story summary

Deere & Company (Deere & Co.) posted a 2026 profit forecast that missed expectations and its shares fell 5.7%.
The company expects a 15%–20% decline in sales for its large United States and Canada agriculture segment in 2026.
A trade deal with China reduces uncertainty but its effects on crop shipments and farmer purchases remain unclear.
Tariffs could add about $1.2 billion in costs in 2026, squeezing profits.