In this episode of the Quarterly Briefing, the hosts conduct an in-depth review of Deere and Company's 2024 Annual Report. They explore how the company is diversifying its business segments—production agriculture, small agriculture and turf, construction and forestry, and financial services. The discussion highlights Deere's strategies, such as the smart industrial model and leap ambitions to incorporate advanced technology and sustainability into their operations. The hosts discuss the financial challenges faced by Deere, including the impact of global economic instability, the war in Ukraine, and cybersecurity risks. They also examine Deere's commitment to employee relations, diversity, inclusion, and potential upcoming labor negotiations. The episode wraps up by emphasizing Deere's role in shaping the future of agriculture through digitalization and strategic global partnerships.

00:00 Introduction to the Quarterly Briefing

01:19 Deep Dive into Deere & Company's 2024 Annual Report

01:46 Deere's Business Segments Breakdown

02:55 Smart Industrial Model and Leap Ambitions

04:03 Financial Performance and Global Challenges

04:59 Supply Chain Resilience and Sustainability Efforts

08:04 Employee Relations and Workforce Management

09:47 Risks and Future Outlook

11:54 Technological Innovations in Agriculture

14:08 Strategic Partnerships and Global Expansion

14:55 Conclusion and Key Takeaways

15:31 Podcast Closing Remarks