MAAT INDEX

CLAIM #20181 · DE (DE) · 2025Q1 earnings call · Feb 13, 2025 · due Oct 31, 2025

We expect to see continued tech adoption in Brazil as connectivity expands within the region, and customers are able to maximize the value of John Deere's precision ag solutions and the John Deere Operations Center.

Josh Jepsen · CFO

PENDING
graded after results covering Oct 31, 2025 are reported

In context

ion is combines, where we had a little more work to do in the first half of this fiscal year. With the Brazilian harvest in January, the end of the calendar year is typically our strongest combine selling season. And to that end, we saw great progress on our combine inventory this quarter. The level is down over 25% in the past three months and down nearly two-thirds since the end of fiscal 2023. Along with improving customer sentiment in the region, our strategic focus on tech adoption has been met with strong customer interest. During the quarter, over 1,500 Precision Ag Essentials kits were ordered in Brazil, along with over 1,200 orders for JDLink Boost, our Starlink-supported satellite connectivity solution, which was just made fully available to the market for order a few weeks ago. We expect to see continued tech adoption in Brazil as connectivity expands within the region, and customers are able to maximize the value of John Deere's precision ag solutions and the John Deere Operations Center. Josh Jepsen: Hey. This is Josh Jepsen again. One thing to add on top of the great progress Bill noted is our continued focus on investing in Brazil for Brazil. During the past quarter, we officially opened our technology development center in the country, which we announced last year. This space will enable us to develop and deliver solutions specifically suited for Brazil's tropical agriculture environment. We also continue to enhance both dealer and customer support in Brazil. Brazilian farmers are ramping up the horsepower curve while simultaneously integrating advanced technology and digital solutions into their operations. We recognize this and are committed to supporting them on this journey. A quarter ago, we discussed the growth in engaged acres and highly engaged acres in South A

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SEC filings for DE · Claim quote is verbatim from the 2025Q1 earnings call.