Deere & Company DE impressed investors by delivering growth in both its top and the bottom line for the last three consecutive quarters despite inflationary pressures and supply-chain snarls. Strong Demand to Fuel Top Line The USDA (U.S Department of Agriculture) projects net farm income at $160.5 billion for 2022, indicating a 13.8% year-over-year increase. The upbeat outlook for corn and soybeans, which are the most important grains for cash crop farming, bodes well for farmer sentiment and will likely translate into improved order levels for Deere.