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DEERE HELPS FORM GROUP PROMOTING AG SUSTAINABILITY



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MOLINE, Illinois — Deere & Company is among the companies that have formed the Alliance for Abundant Food and Energy. Establishment of the organization was announced today. The alliance aims to improve public understanding that agriculture, through innovation, can meet the world's growing demand for food and renewable energy. The group also will encourage the U.S. Congress to support agricultural innovation worldwide. Other companies joining Deere as founding members are Archer Daniels Midland, DuPont, Monsanto and the Renewable Fuels Association. "The alliance will underscore the role that agriculture can play in supporting our food and energy needs," said Mark Kornblau, executive director. "Through greater support for agricultural innovation, we can produce enough crops to supply both our food and energy needs worldwide." The alliance said in a statement that critics have tried to frame the debate as an either / or decision, making people feel that a decision must be made to choose between food and energy security. The alliance says both are possible and can be accomplished using less land and fewer resources than generally understood. "Agriculture mechanization was among the most important breakthroughs to mankind in the 20th century," said J..B. Penn, Deere & Company's chief economist. "Now, as we face the challenge of better feeding and fueling the world, the technology designed into machinery, coupled with the ingenuity of the world's farmers, will have just as significant an impact." More information is available on the alliance's Web site at www.foodandenergy.org.

For More Information, Contact: Ken Golden Director, Strategic Public Relations Deere & Company 309-765-5678
www.deere.com