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Trump Says He Wants Deere, Caterpillar to Cut Farmers' Tractor Costs
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By Reuters
Published 56 minutes ago on
March 27, 2026

President Donald Trump gives remarks to farmers on the South Lawn of the White House in Washington, D.C., U.S., March 27, 2026. (Reuters/Annabelle Gordon)

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President Donald Trump said on Friday that he wanted top agriculture supply brands John Deere, Case and Caterpillar to lower farmers’ tractor and equipment costs.

“I want John Deere and Case and all of – they’re great companies, Caterpillar… I want these companies to give it to you in the form of lower tractor and equipment costs,” Trump said at a White House event.

Trump also announced a series of actions aimed at agricultural communities, saying the U.S. Small Business Administration would open up new loan guarantees for farmers and food suppliers.

Trump also announced an update to renewable fuel standards and said he would seek additional relief for farmers from Congress.

(Reporting by Trevor Hunnicutt, Gram Slattery, P.J. Huffstutter and Bhargav Acharya, editing by Michelle Nichols and David Ljunggren)

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