Deere reports $2.370 billion in 2Q net income 

Deere & Co. again lowered its full-year outlook for net income as demand for its green machines further softens and farmers face economic pressures from falling crop prices and rising interest rates. 

In its earnings report, released today, May 16, Deere reported net income of $2.370 billion for the second quarter, ended April 28, compared with net income of…