Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Mack Michael J
2. Date of Event Requiring Statement (Month/Day/Year)
01/16/2006
3. Issuer Name and Ticker or Trading Symbol
DEERE & CO [DE]
(Last)
(First)
(Middle)
5859 EAGLE RIDGE ROAD
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President & CFO
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BETTENDORF, IA 52722
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
$1 Par Common Stock (1) 20,473 (2)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Market Priced Employee Stock Options (3) 12/10/1998 12/10/2007 Common Stock 3,719 $ 56.5 D  
Market Priced Employee Stock Units (3) (4) 12/08/2000 12/08/2009 Common Stock 13,464 $ 41.47 D  
Market Priced Employee Stock Options (3) (4) 12/13/2001 12/13/2010 Common Stock 14,874 $ 42.07 D  
Market Priced Employee Stock Options (3) (4) 12/12/2002 12/12/2011 Common Stock 19,176 $ 42.3 D  
Market Priced Employee Stock Options (3) (4) 12/11/2003 12/11/2012 Common Stock 13,625 $ 45.8 D  
Market Priced Employee Stock Options (3) (4) 12/10/2004 12/10/2013 Common Stock 19,381 $ 61.64 D  
Market Priced Employee Stock Options (3) (4) 12/08/2005 12/08/2014 Common Stock 17,868 $ 69.37 D  
Market Priced Employee Stock Options (3) (4) 12/07/2006 12/07/2015 Common Stock 11,579 $ 68.88 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Mack Michael J
5859 EAGLE RIDGE ROAD
BETTENDORF, IA 52722
      Senior Vice President & CFO  

Signatures

/s/ Michael A. Harring, as Power of Attorney, Associate General Counsel, Deere & Company 01/18/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) References to Deere & Company common stock include associated preferred stock rights.
(2) Includes 20,473 restricted stock units granted under the John Deere Omnibus Equity and Incentive Plan and to be settled solely in shares.
(3) All options include the ability to withhold shares upon the exercise of the option to satisfy minimum required income tax obligations.
(4) The options become exercisable in three approximately equal installments in one, two and three years after grant. The date listed in column 2 is the initial exercisable installment date.
 
Remarks:
Exhibit List

Exhibit 24

Power of Attorney

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