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Warren Buffett Expands His Portfolio, Invests in John Deere Tractor Equipment

Buffett’s Berkshire Purchases $330 Million Worth of Shares In John Deere and Co.

By , Farms.com

One of the most successful U.S. business investors - Warren Buffett, CEO of Berkshire Hathaway recently invested in $330 million worth of shares in John Deere & Company, a well-known maker of tractors and agriculture equipment.

This move demonstrates that Buffett isn’t afraid to expand his portfolio into areas that he hasn’t traditionally invested in - like agriculture. 

Deere’s net income was at $3.07 billion for the full fiscal year- however it fell short of expectations of an estimated $3.12 billion– which can largely be attributed to unexpected cost increases. Deere shares have been trading $82 to $85 which is just short of its record high of slightly under $90 a share.


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A chain harrow is a game changer

Video: A chain harrow is a game changer

Utilizing a rotational grazing method on our farmstead with our sheep helps to let the pasture/paddocks rest. We also just invested in a chain harrow to allow us to drag the paddocks our sheep just left to break up and spread their manure around, dethatch thicker grass areas, and to rough up bare dirt areas to all for a better seed to soil contact if we overseed that paddock. This was our first time really using the chain harrow besides initially testing it out. We are very impressed with the work it did and how and area that was majority dirt, could be roughed up before reseeding.

Did you know we also operate a small business on the homestead. We make homemade, handcrafted soaps, shampoo bars, hair and beard products in addition to offering our pasture raised pork, lamb, and 100% raw honey. You can find out more about our products and ingredients by visiting our website at www.mimiandpoppysplace.com. There you can shop our products and sign up for our monthly newsletter that highlights a soap or ingredient, gives monthly updates about the homestead, and also lists the markets, festivals, and events we’ll be attending that month.