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PROFITS UP: Deere Has Record Third Quarter

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Deere and Company is announcing record earnings.

The tally for the third quarter ending July 31st is $997 million. That compares to $788 million for the same period last year.

Strong profits in farm machinery and financial services are credited for the increase.

Officials note this third quarter report is higher than any in the past.

Deere is Iowa’s largest manufacturing employer.

 

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