The price of John Deere's stock fluctuates based on economic factors that include competition, international trade policies, the health of the global economy, and changes in demand for food and energy. Movement in any one or more of these factors could cause increases or decreases in profitability, a key variable that helps investors evaluate the stock price, the company states in federal regulatory reports.
Other factors include weather; the onset of natural disasters; changes in availability of raw materials needed for manufacturing John Deere products; new environmental laws; and shifts in employee pension liabilities, notes the company.
John Deere is a brand name associated with Deere & Company, an international manufacturer of equipment for agriculture, construction and forestry markets. Deere & Company also operates a financial services segment that underwrites leases of equipment to dealers around the world, as well as businesses in power systems and spare parts service, according to the company.
Deere & Company traces its origins to 1837, when John Deere, a blacksmith, developed the first polished steel plow. This plow provided pioneer farmers with a more efficient way of clearing their fields. Popular products include tractors, excavators, riding mowers, and hay and forage equipment, the company indicates on its website.