DE expects industry sales of large agricultural equipment in the United States and Canada to be up roughly 15% for fiscal 2022, reflecting strong farm fundamentals. Rising demand and COVID-19 disruptions caused capacity constraints all along the supply chain, which left Deere and other manufacturers like AGCO, LNN and CAT short of raw materials. Deere & Company’s DE results so far this fiscal have been impressive considering the ongoing supply-chain and inflationary pressures.