SECURITIES AND EXCHANGE COMMISSION
            
                       Washington, D.C.  20549
 
                                _________
 
                                FORM 8-K
 
                             CURRENT REPORT
 
                 Pursuant to Section 13 or 15(d) of the
 
                     Securities Exchange Act of 1934
 
 
                   Date of Report:  November 15, 1995
                    (Date of earliest event reported)
 
 
                      D E E R E   &   C O M P A N Y
           (Exact name of registrant as specified in charter)
 
                                DELAWARE
             (State or other jurisdiction of incorporation)
 
                                 1-4121
                        (Commission File Number)
 
                               36-2382580
                    (IRS Employer Identification No.)
 
                             John Deere Road
                         Moline, Illinois  61265
          (Address of principal executive offices and zip code)
 
                              (309)765-8000
          (Registrant`s telephone number, including area code)
 
                 _______________________________________
     (Former name or former address, if changed since last
report.)
 
                           Page 1 of 2 pages.
 

Item 5.    Other Events

The following is the text of a press release issued by Deere &
Company November 15,
1995.

MOLINE, ILLINOIS -- Deere & Company stockholders, at a special
meeting held today,
approved an amendment to the Company's certificate of
incorporation increasing the
Company's authorized number of shares, in order to facilitate a
three-for-one stock split
in the form of a 200% stock dividend.  The amendment to the
Company's certificate of
incorporation will be effective on November 17, 1995 and
certificates for the additional
shares will be mailed beginning November 28, 1995 to stockholders
of record as of
November 17, 1995.  On a post-split basis, the Company's number
of common shares
outstanding will be approximately 262,500,000.




                                Signatures

Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has
duly caused this report to be signed on its behalf by the
undersigned hereto duly
authorized.

                             DEERE & COMPANY

                              By /s/ Frank S. Cottrell
                                 Frank S. Cottrell, Secretary 
Dated:  November 15, 1995