John Deere stock drops on lowered full-year profit forecast
Yahoo Finance - 2024-05-16T15:09:37.000Z

Shares of Deere & Company (DE) are dipping as the company lowered its full-year profit forecast to $7 billion from a previous range of $7.50 billion to $7.75 billion. The US Department of Agriculture forecasts that 2024 net farm income will total $116.1 billion, a 25.5% year-over-year decline. Yahoo Finance Anchors Madison Mills and Seana Smith discuss a potential deterioration in the global agricultural space. For more expert insight and the latest market action, click here to watch this full...

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