Deere & Co., US2441991054

Deere & Co. stock faces plant reshuffle before November earnings

Published on 11/07/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deere & Co. stock faces a manufacturing reshuffle after plans to close two Iowa plants. Production moves are scheduled through fiscal 2029.

Manufacturing shifts reshape footprint

Deere plans to move windrower and round-baler production from Ottumwa to Des Moines Works before closing the Iowa plant.
Hagie STS sprayer production is scheduled to move from Clarion to Thibodaux, Louisiana, with Clarion manufacturing ending by fiscal 2029.
Deere will also consolidate sugar cane harvester production in Brazil and relocate small-planter production within Iowa.

Deere & Co., US2441991054, Illustration mit AI erstellt.

Deere & Co. is reshaping its U.S. manufacturing network after announcing plans on Wednesday, November 4, to close plants in Ottumwa and Clarion, Iowa. The company said the changes respond to customer demand and available manufacturing capacity, while positioning its operations for long-term competitiveness. Deere's announcement is available from John Deere.

Production moves across several facilities

Windrower production is planned to move from Ottumwa Works to Des Moines Works by the end of fiscal 2027. Round-baler production is scheduled to follow by the end of fiscal 2028, after which Deere intends to close the Ottumwa factory.

Beginning in fiscal 2028, production of Hagie STS sprayers is set to move from Clarion to Deere's facility in Thibodaux, Louisiana. Deere intends to end manufacturing operations at the Clarion plant by fiscal 2029.

The plan also calls for sugar cane harvester production to move from Thibodaux to Catalão, Brazil, in fiscal 2029. Small-planter production is scheduled to shift from Moline, Illinois, to Paton, Iowa, in fiscal 2027. Deere's Construction and Forestry division is separately evaluating strategic sourcing opportunities.

Investors await the next earnings update

The manufacturing changes add an operational focus ahead of Deere's planned fiscal fourth-quarter earnings release on November 25. Investors are likely to assess how production utilization, agricultural equipment demand and cost control affect the company's outlook, although the factory announcement did not provide new earnings guidance.

Deere & Co. stock traded at 604.00 euros on Lang & Schwarz at 11:20:09 CET on Saturday, November 7, 2026.

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