Deere says small tractor sales have stayed strong - conf call

Deere & co says small tractor sales have stayed strong - conf call.deere & co says farmer sentiment continues to be fluid - conf call.deere & co says early order program for planters and sprayers ended up compared to last year - conf call.deere & co says 'strong' retail environment, combined with planned underproduction, have reduced co's field inventory position for the year - conf call.deere & co says demand for large ag machines is still forecast to be down relative to 2019.deere & co says seen sales momentum building in brazil in recent months, order books now extend well into q1 of fiscal year '21.deere & co says expects to reduce inventory for earth-moving equipment by 20%-25%.deere & co says, given the strength of operating result and strong cash generation, co now comfortable restarting share repurchases.deere & co says expects to hold additional liquidity for an indefinite period.deere & co says expect to lower production for construction equipment and small tractors in north america.
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