DEERE JOHN CAPITAL CORP
424B3, 1994-10-20
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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PROSPECTUS and PROSPECTUS SUPPLEMENT,
each dated August 6, 1993						
							PRICING SUPPLEMENT NO.15
							Effective at 9:40 am ET		       	            					
      	Date 20 October 1994
							Comm. File No.:33-66082
							Filed pursuant to 424(b)(3)														

				U.S. $435,850,000

			JOHN DEERE CAPITAL CORPORATION

			MEDIUM-TERM NOTES, SERIES B

		     Due from 9 Months to 30 Years From Date of Issue

		Interest payable each March 15 and September 15 and at Maturity

					--------------------

Range of Maturities			               			Interest Rate
								Per Annum

More than 9 months to less than 1 year			N/A
1 year to less than 18 months	       				N/A
18 months to less than 2 years			       	N/A
2 years to less than 3 years				        	N/A
3 years to less than 4 years				        	N/A
4 years to less than 5 years				        	N/A
5 years to less than 6 years			        		7.87
6 years to less than 7 years				        	N/A
7 years to less than 8 years				        	N/A
8 years to less than 9 years				        	N/A
9 years to less than 10 years				       	N/A
10 years to less than 15 years				      	N/A
15 years to less than 20 years				      	N/A
20 years to less than 25 years				      	N/A
25 years to less than 30 years			      		N/A
30 years				                          			N/A

The Medium-Term Notes offered hereby will be Senior Notes and 
will be denominated in U.S. Dollars.


The interest rates on the Medium-Term Notes may be changed by 
John Deere Capital Corporation from time to time, but any such 
change will not affect the interest rate on any Medium-Term Note
ordered prior to the effective time of the change.

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Merrill Lynch & Company 




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