Josh Jepsen

“Additionally, strong farmland values are keeping debt ratios low despite the lower margin backdrop. notably the u.s fleet age is high and continues to get older as customers put more hours on their equipment with the stabilization that we're seeing in u.s ag fundamentals along with an improving used market our…”

“Our original LEAP ambitions established ambitious four- and eight-year goals, all aimed at achieving better financial and sustainable outcomes for our customers and Deere.”

“You've heard quite a bit today about the opportunities ahead for both Brazil and Deere. Let's break down how that translates into customer and shareholder value.”

“We'll now proceed with our remarks on the quarter. John Deere delivered a better than expected second quarter with an 18.8% margin for the equipment operations, demonstrating exceptional execution amidst challenging market dynamics.”

“I think it's important to start with a few thoughts on what our plans were for the quarter. In North America large ag, our focus was continuing to work down used inventory levels while returning to normal production and shipment seasonality, albeit at lower volumes this year due to the projected industry decline.”