Deerfield’s Jim Flynn on shrinking error bars, cutting through longevity hype, and why AI needs better loss functions. #longevity# #AI# #errorbars# #lossfunctions# #Deerfield#

DEERE $DE JUST LAUNCHED AN AI ASSISTANT NAMED "JD" JD is built into Deere's Operations Center mobile app and analyzes field-specific data collected during planting, treating, and harvesting, helping farmers decide things like whether a field needs more or less fertilizer. "We think there's hundreds of decisions that economically matter for a farmer throughout a season" The assistant is free for app users and will roll out more broadly later this year - Bloomberg

DEERE LAUNCHES AI ASSISTANT FOR FARMERS Deere $DE is rolling out “JD,” an AI assistant inside its Operations Center app that uses field-specific data collected during planting, treatment and harvesting to help farmers make decisions on things like fertilizer use and crop performance. The assistant can analyze data while equipment is still operating in the field, instead of waiting until the end of the season. JD will be free for app users and is expected to become more broadly available later this year. Deere says farmer data remains controlled by growers and is not sold.

DEERE $DE Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $11.0B (Est. $10.74B) 🟢; +6% YoY 🔹 EPS: $5.10 (Est. $4.71) 🟢; +7% YoY 🔹 Net Income: $1.4B (Est. $1.27B) 🟢; +7% YoY 🔹 Construction & Forestry Sales: $3.6B; +18% YoY Raises FY26 Guide: 🔹 Net Income: $4.75B-$5.00B; from improved guidance 🔹 Large Ag: -15% to -20% 🔹 Small Ag & Turf: Flat to +5% 🔹 Construction Equipment: +5% to +10% 🔹 Compact Construction Equipment: ~+5% 🔹 Global Forestry: -~10% 🔹 Global Roadbuilding: ~+10% 🔹 PPA Net Sales: -~10%; FX +2.5%; Price ~+1.0% 🔹 SAT Net Sales: ~+15%; FX +0.5%; Price ~+1.5% 🔹 C&F Net Sales: ~+20%; FX +1.5%; Price ~+3.0% 🔹 Financial Services Net Income: ~$870M Segment Net Revenue: 🔹 C&F: $3.6B; +18% YoY 🔹 Financial Services: $219M; +7% YoY Other Q3 Metrics: 🔹 Total Operating Profit: $1.9B; +18% YoY 🔹 Operating Cash Flow: $3.3B Comments: 🔸 “As we look ahead, we continue to believe 2026 will mark the bottom of the current ag equipment cycle.” 🔸 “Across our business, early order program trends, improving used-equipment inventories, and increasing customer adoption of our advanced technologies give us confidence that Deere is well positioned for long-term value creation.”