(Radio Iowa) – Deere and Company is reporting its worldwide sales and revenue fell 30 percent during the last three months. John May, Deere and Company’s C-E-O, says the company’s customers are facing uncertain market conditions, but he’s seeing compelling evidence the company is positioned to successfully navigate the current environment. Deere has reduced its workforce to slow production at plants in Iowa and elsewhere.

Over the last quarter, Deere saw sales slippage for not only its farm machinery, but for John Deere lawn mowers and its equipment for the construction and forestry industries.