DEERE JOHN CAPITAL CORP
424B3, 1994-08-01
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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PROSPECTUS and PROSPECTUS SUPPLEMENT,		PRICING SUPPLEMENT NO. 2
each dated August 6, 1993				Effective at 10:25 am ET
								Date 1 August 1994
								Comm. File No.:33-66082
								Filed pursuant to Rule 									424(b)(3)

U.S. $612,350,000

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					7.06
5 years to less than 6 years					N/A
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 
prior to the effective time of the change.

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