Deere sees sharp fall in annual profit as lockdowns sap demand
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(Reuters) - Deere & Co on Friday forecast a sharp fall in full-year profit as farmers and ranchers struggle to bring their goods to market because of coronavirus-led restrictions, crushing demand for equipment like harvestors and tractors.President Donald Trump announced a $19 billion (£15.61 billion) relief program in April to help U.S. farmers cope with the impact of the health crisis, and analysts have said the additional liquidity will likely support farm machinery sales this year.Shares..