Shares of the maker of John Deere tractors were up 4 percent at $79.40 in afternoon trading. Deere expects total equipment sales to drop about 11 percent in its first quarter, which began on Nov. 1, and fall about 7 percent for the year. Deere also forecast net income attributable to the company at about $1.4 billion for fiscal 2016, down from $1.94 billion in 2015.