DEDeere & Company

“See & Spray, we're encouraged by the progress that we're seeing this year. Again, just maybe starting with acres and how many we're going to cover. Recall, year 1, we covered 1 million acres last year globally. It was 5 million acres. We're early in the spring season. But again, the kind of -- similar to my comments on the EOP, as we look at those same customers from a year ago, they are year-to-date, spring more acres with See & Spray than we saw last year. So we're encouraged. We're encouraged by that pace. And again, what's given us a lot of confidence is the technology is working. We're seeing an actual demonstrated 2 years now, 50% to 60% savings on herbicide using the technology and that is resulting in increased utilization for customers.”

“Harvest settings automation, which you didn't ask about, but I just did want to mention utilization there has continued to be very strong. Last quarter, we talked about over 60% utilization of harvest automation in the sort of the Northern Hemisphere harvest. As we've looked at Brazil and their utilization and their most recent harvest, it's over 80%.”

“You asked about renewal rates on Precision Essentials. We're still in that 70% range overall for renewals. But I think what is really giving us encouragement is we're now getting those customers who are in their second year of renewal. And if you look at that cohort, their renewal rate is over 90%.”

“while engaged acres in John Deere operations center increased about 10% year-over-year, highly engaged acres have grown at an even stronger pace. Additionally, the quantity of monthly active digital users continues to grow, now reaching nearly 440,000.”

“Since launching that solution in the second half of 2024, we sold more than 12,500 JDLink Boost kits and achieved 25% growth within the last quarter alone, expanding our connected fleet and increasing the value of our digital and SaaS offerings.”

“the point I would like to make here is if you think about the customer organizations we get as a result of that into our John Deere operations center. We have more than 4,000 new customer orgs as a result of that, actually closer to like 5,000.”

“our senspray technology continues to advance. Recent software enhancements have expanded the targeted application capabilities across a broader range of crops for both new and existing systems including the notable additions of wheat, barley and canola. In addition, our recently announced See & Scout capabilities leverage the same camera platform to capture field level data and generate new agronomic insights for growers, such as weed pressure and stand count maps.”

“new combined. We brought new sprayers, new planters, new technologies like sea and spray, connectivity through StarLink and all of that is driving an experience for our growers that helps them save on inputs, drive more value in their operations. I mentioned earlier, but harvest settings automation for combines is the highest utilization in the globe in Brazil, reflecting the value that our customers see in that region as well.”

“early in the EOP, but take rates that we're seeing thus far and See & Spray for '27 would exceed what we saw for this year as well.”

“new offerings have enabled burrow optimization through our exact depth solution, which is designed to provide individual row unit depth calibration from the cab while on the go and also through downforce automation, which is enabled by our recently released FurrowVision technology. When these Furrow optimization solutions are paired with our automated fertilizer replacement solutions of Exact shot with an exact rate, farmers can be better positioned to maximize yield potential while reducing rising input costs within tight planting windows.”

“At CONEXPO in 2026, we generated a lot of buzz around the new John Deere excavator and a fully integrated job site vision with Tina virtual superintendent and the operation center, enabling a smarter and safer job site.”

“These tractors are autonomy ready and fully integrated with advanced precision technologies and connectivity solutions and our design to help farmers cover more acres efficiently throughout the crop cycle.”