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Deere’s Agricultural Segment Revenue Rises, Margin Contracts

Peter Neil
Deere’s Agricultural Segment Revenue Rises, Margin Contracts

Deere & Company’s (DE) Agriculture & Turf segment is its largest revenue generator. In the past three years, the segment’s second-quarter revenue has remained flat, but its revenue growth in this quarter has been a welcome development for Deere. The segment’s revenue growth was primarily driven by higher shipment volumes.