Deere & Company President Deanna Kovar discusses how the company is managing current challenges in the agricultural equipment market, including an ag downturn, high equipment costs, and regulatory issues. While forecasting a continued decline in the North American ag equipment market for 2026, Deere is adjusting production, reducing parts prices, and exploring alternative fuel technologies like an E-98 ethanol tractor. The company is also addressing concerns around “Right to Repair” and DEF systems, while emphasizing the importance of technology retrofits and data-driven farming decisions.
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Exclusive: How John Deere Is Navigating the Ag Downturn, Equipment Costs and Regulatory Crosswinds
Deere & Company President Deanna Kovar discusses how the company is managing current challenges in the agricultural equipment market, including an ag downturn, high equipment costs, and regulatory issues. While forecasting a continued decline in the North American ag equipment market for 2026, Deere is adjusting production, reducing parts prices, and exploring alternative fuel technologies like an E-98 ethanol tractor. The company is also addressing concerns around “Right to Repair” and DEF systems, while emphasizing the importance of technology retrofits and data-driven farming decisions.