Deere: Beneficiary of Deregulation in Autonomous Vehicles. Robo-Agricultural Machinery Initiates a Huge Upgrade Cycle. Profit Doubling by 2028?

Deere (DE) is the leading manufacturer of agricultural machinery. The next major upgrade cycle will be characterized by the shift to autonomous machines, which will alleviate the skilled labor shortage and can operate 24/7. In agriculture, there is often only a small window of time to work the fields due to weather conditions. Autonomous agricultural machinery could optimally utilize these periods to maximize yields. Accordingly, Deere is focusing on this topic and presented several autonomous tractors as well as mowers and articulated dump trucks...