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Deere earnings reflect ag economy struggles

Summary by MYSTATELINE
Deere's earnings are another signal of the struggles in the ag economy right now. Deere reports an income of $1.2 billion, down $1 billion. This makes its total earnings for the 2024 fiscal year $7.1 billion. Deere says despite the challenges the company made a solid profit ... and that's reflected in its stock as well, going up by about 8 percent. The company's forecast for the 2025 fiscal year ranges from $5 billion to $5.5 billion, slightly …
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