Deere & Co raises annual profit outlook on strong demand for large tractors

Deere & Co raises annual profit outlook on strong demand for large tractors

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Deere & Co DE-N raised its annual profit forecast on Friday as demand for large farm tractors remains robust, while easing supply chain bottlenecks lower manufacturing costs. The Moline, Illinois-based company has also seen high demand for its construction equipment, as the United States upgrades…

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