Deere & Company (DE) has been facing challenges due to weak farmer spending amid low commodity prices. This weighed on its earnings and share price performance. The U.S. Department of Agriculture’s (USDA) report released on Sept. 5 suggests that while farm income will decline in 2024, it will be less severe than previously expected. USDA expects production costs to be favorable for farmers this year. Deere’s shares dipped 2% on Sept. 5, following USDA’s revised outlook, and have lost 1.2% since. Year to dat ...