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5

This schedule contains summary financial information extracted from Form 10-K
and is qualified in its entirety by reference to such financial statements.

0000315189
DEERE & COMPANY
1,000,000
U.S. DOLLARS


                   12-MOS
                          OCT-31-1997
                              NOV-1-1996
                               OCT-31-1997
                                      1
                                             330
                                       820
                                   10,294
                                       128
                                      1,073
                                     0
                                           4,380
                                   2,856
                                  16,320
                                0
                                          2,623
                                0
                                          0
                                         1,779
                                       2,368
                    16,320
                                         11,082
                                12,791
                                            8,481
                                    9,541
                                     0
                                    51
                                 422
                                  1,507
                                       551
                                960
                                       0
                                      0
                                            0
                                       960
                                     3.78
                                     3.78