Deere & Co stays home in Moline the week of earnings and tariff rulings

Deere & Co flew a short 3-minute test hop in the Gulfstream G280 (N282JD) from and back to Regina International Airport on June 17, following a flight from the Quad Cities to Saskatchewan the day prior. The trip comes the same week Deere & Co reported a $1.773 billion second-quarter net income, down 2% from a year ago, per a May 21 earnings release [prnewswire.com](https://www.prnewswire.com/news-releases/deere-reports-second-quarter-net-income-of-1-773-billion-302778847.html). The company also booked a $272 million refund from now-invalidated IEEPA tariffs while still facing $900 million in net tariff costs this year, as covered by Yahoo Finance [finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/deere-reaps-benefits-ieepa-tariff-113000563.html).

The Regina stop is likely tied to Deere & Co's dealer or service operations in Saskatchewan's agricultural region, where large ag sales remain muted but small ag and construction demand is buoying results. The company's CFO noted on the earnings call that 2026 is viewed as the bottom of the ag cycle, with an aging fleet driving eventual replacement demand [agnavigator.com](https://www.agnavigator.com/Article/2026/05/21/john-deeres-q2-results-highlight-more-challenges-to-large-ag-business/).

Deere & Co's recent flights have been primarily between its Moline headquarters, Illinois plants, and Chicago-area airports, consistent with shuttling executives to and from the company's decentralized Midwest operations. This Saskatchewan trip is an outlier, suggesting a site visit or customer meeting.