John Deere says technology, not just regulations, is the key to lowering farm costs
John Deere & Company CFO and Senior Vice President Josh Jepsen discusses Investor Day, highlights the future of autonomous tractor farming and the ‘Look & Spray’ Countdown. ‘
John Deere’s Top Fizentf Chief mildly returned President Trump’s claim that the regulations alone drive the prices of tractors, from getting American acres to Digitizing Tech – It’s saving investors money long before the law books change.
“There is a lot of opportunity to continue to support our farmer customers and make it more profitable and support them in many ways, even if those frauds are faced,” said some regulations they face, “and other regulations they face” on Monday.
“The ability to help farmers do more with less is important.”
His comments came shortly after President Donald Trump held a press conference announcing a $12 billion farm aid package to support farmers. The AID package will provide $ 11 billion towards the US Department of Agriculture (USDA), which is designed to provide single payments to receive payments for crops, while the remaining $ 1 billion will go to farmers whose crops are not suitable.
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People talk while standing next to tractors at the John Deere Resibition at the Nampo agricultural fair on May 15, 2025. (Pet Pictures)
More details will be developed as the USDA continues to assess market conditions, according to the White House.
“I think it’s very important that we’re going to give the tractor companies, John Deere and all the companies that make machines, we’re going to remove a lot of the environmental restrictions that they have with machines,” said President Trump when he told the media at the event.
The Trump administration did not respond to FOX News Digital’s request for comment.
“As we’ve had a lot of releases, there’s more parts, there’s more software, there’s more pieces of hardware that need to be installed as we reduce the output, I think, because that would be part of the commentary.”
The CFO also highlighted the company’s “See & Write” technology, which could save farmers up to $15 per acre with $15 per HICRING BUTRE
US Secretary of Agriculture Brooke Rollins discusses the exploitation of the Trump Administration’s for Availability following his announcement of $12b to help farmers in ‘Kudlow.’
“I think those kinds of things are important to continue to help them take those professionals that can get them into those existing professionals, but also get the results of getting that. Margins on the farm.”
Jepsen once told FOX Business’ Liz Claman that our farmers are hiring – many buyers – machines in response to Trump’s tariffs, but pointed out that there is “hope” now that the deals have been struck.
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Deere and Company SVP and CFO Josh Jepsen discusses the tax’s impact on business and how farms are moving through the ‘Claman extinction.’
“Trade agreements and purchase commitments are good and very good,” he said, “what is happening because of the demand for the rest of the face, especially on the soybean side.”
He also emphasizes providing financial solutions to customers, which is, “Do we have all the financial solutions available to meet these basic needs?”
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FOX News’ Diana Stancy contributed to this report.
