John Deere/Deere & Company (DE) surged over 11%, trading at $662.37, reaching a new intraday all-time high with a market capitalization of approximately $180 billions.
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Deere executives stated that the current inventory level of combine harvesters is still about 15% lower than the peak, and the inventory level of high-horsepower tractors has dropped by more than 10% compared to the peak in March 2025.
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