monsanto john deere

Monsanto Terminates Sale of Precision Planting to John Deere

Dan Industry News Release

The U.S. Department of Justice announced this week that John Deere and Monsanto had terminated their attempted sale of Precision Planting, LLC., from Monsanto to John Deere. The department filed suit to block the sale on August 31, 2016, to block the acquisition. The reasoning behind the suit was the Justice Department felt the sale was a merger-to-monopoly in high-speed …

John Deere Slowing Tractor, Combine Production

Dan General, Industry News Release 126 Comments

Deere & Company said last week production at its Waterloo, Iowa plant will be cut until at least October. The move comes as the world’s largest maker of farm equipment waits for used inventory levels to decrease at many of its dealerships. The Des Moines Register reports work hours at the Waterloo tractor manufacturing facility will drop 20 percent during …