Deere & Co. reported net income of $910.3 million for the third quarter ended July 29, or $2.78 per share, compared with net income of $641.8 million, or $1.97 per share, for the quarter ended July 30, 2017. For the first nine months of the year, net income was $1.58 billion, or $4.82 per share, compared with $1.65 billion, or $5.11 per share, for the same period last year. Worldwide net sales and revenues increased 32 percent, to $10.31 billion, for the third quarter and were up 29 percent, to $27.94 billion, for nine months. “Deere’s third-quarter performance benefited from favorable market conditions and positive response to our advanced product lineup,” said Samuel Allen, chairman and CEO. “Farm machinery sales in North America and Europe made solid gains, while construction equipment sales moved sharply higher and received significant support from our Wirtgen road-building unit. At the same time, we have continued to face cost pressures for raw materials and freight, which are being addressed through a combination of cost management and pricing actions.”