Deere & Company (DE)’s Key Stats

Deere faces new competition from Japanese rival Kubota Corp (ADR) (NYSE:KUB) , which has benefited greatly from the plunge in the value of the Japanese yen recently. Although Deere remains a much larger company, Kubota Corp (ADR) (NYSE:KUB) will be able to export its farm machinery more cheaply while still maintaining higher profit margins because of the strong U.S. dollar.

In Deere & Company (NYSE:DE)’s quarterly report, watch for signs about whether the company plans to make any further cost-cutting efforts of its own. With Deere having benefited for such a long time from fast growth in the agricultural sector, it needs to make plans for a time in the future when the sun stops shining so brightly on its business.

The article How Deere Plans to Keep Growing originally appeared on Fool.com.

Motley Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned.

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