U.S. Markets
Deere (DE) FY26 production and precision ag sales are now expected to decline c. 10%, towards the bottom of prior guidance; op. narrowed to 11-12%; further industry softening in South America and Europe drove the revision
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Deere revised its FY26 sales guidance downward by 10% due to softening demand in South America and Europe, despite beating Q3 estimates, positioning 2026 as the agricultural cycle's bottom.
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