<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Form 10-Q and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<CIK> 0000315189
<NAME> DEERE&COMPANY
<MULTIPLIER> 1000000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-START>                             NOV-01-1996
<PERIOD-END>                               JUL-31-1997
<EXCHANGE-RATE>                                      1
<CASH>                                             250
<SECURITIES>                                       868
<RECEIVABLES>                                    10527
<ALLOWANCES>                                       135
<INVENTORY>                                       1171
<CURRENT-ASSETS>                                     0
<PP&E>                                            4244
<DEPRECIATION>                                    2878
<TOTAL-ASSETS>                                   15950
<CURRENT-LIABILITIES>                                0
<BONDS>                                           2906
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                          1761
<OTHER-SE>                                        2083
<TOTAL-LIABILITY-AND-EQUITY>                     15950
<SALES>                                           8103
<TOTAL-REVENUES>                                  9347
<CGS>                                             6160
<TOTAL-COSTS>                                     6912
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                    42
<INTEREST-EXPENSE>                                 310
<INCOME-PRETAX>                                   1193
<INCOME-TAX>                                       446
<INCOME-CONTINUING>                                749
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       749
<EPS-PRIMARY>                                     2.94
<EPS-DILUTED>                                     2.94