DE · News · 20260821N

End-Market Demand Trends

DEERE & CO · 2026-08-21 · Importance 20 · Surprise 24

Construction Equipment demand is continuing to grow and is offsetting weakness in Deere’s larger Production Agriculture business. Third-party reporting characterized construction demand as firm, with construction sales benefiting from increased activity associated with the artificial-intelligence infrastructure boom. Deere also indicated that order trends for 2027 are improving, while fiscal 2026 is viewed as the bottom of the agricultural equipment cycle.

Key facts

• Deere & Company pointed to improving 2027 order trends. source
• Deere & Company CFO and SVP Brent Norwood said the A.I. boom is boosting construction sales. source
• Deere & Company pointed to firm construction demand. source
• In reporting its Q3, Deere & Company reported continuing growth in its Construction Equipment business. source
• In reporting its Q3, Deere & Company reported weakness in its Production Agriculture segment. source