
<TABLE> <S> <C>

<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> 1,000,000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               APR-30-1996
<EXCHANGE-RATE>                                      1
<CASH>                                             278
<SECURITIES>                                       850
<RECEIVABLES>                                    9,764
<ALLOWANCES>                                       112
<INVENTORY>                                      1,067
<CURRENT-ASSETS>                                     0
<PP&E>                                           4,192
<DEPRECIATION>                                   2,910
<TOTAL-ASSETS>                                  14,754
<CURRENT-LIABILITIES>                                0
<BONDS>                                          2,312
<PREFERRED-MANDATORY>                            1,757
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                       1,586
<TOTAL-LIABILITY-AND-EQUITY>                    14,754
<SALES>                                          4,636
<TOTAL-REVENUES>                                 5,406
<CGS>                                            3,546
<TOTAL-COSTS>                                    4,000
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                    20
<INTEREST-EXPENSE>                                 202
<INCOME-PRETAX>                                    684
<INCOME-TAX>                                       249
<INCOME-CONTINUING>                                439
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       439
<EPS-PRIMARY>                                     1.67
<EPS-DILUTED>                                     1.67
        

</TABLE>
