DEERE JOHN CAPITAL CORP
424B3, 1995-08-11
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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PROSPECTUS AND			PRICING SUPPLEMENT NO. 3
PROSPECTUS SUPPLEMENT,		Effective at 1:20 PM ET
each dated July 13, 1995	August 10, 1995
CUSIP: 24422EFV6			Commission File No.: 33-60383
					Filed pursuant to Rule 424(b)(3)


		U.S. $1,018,850,000

	JOHN DEERE CAPITAL CORPORATION

	 MEDIUM-TERM NOTES, SERIES C

Due from 9 Months to 30 Years from Date of Issue

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

The Medium-Term Notes offered hereby will be Senior Notes as
more fully described in the accompanying Prospectus and Prospectus
Supplement and will be denominated in U.S. Dollars.



INTEREST PAYMENT DATES:			Each February 15, August 15, 							and at Maturity

PRINCIPAL AMOUNT:				$15,000,000

DATE OF ISSUE:				August 15, 1995

MATURITY DATE:				August 15, 2000

INTEREST RATE:				6.74% PER ANNUM

REDEMPTION PROVISIONS:

The Notes are subject to redemption at the option of John Deere Capital
Corporation, on not more than 60 nor less than 30 days notice, on any
Interest Payment Date occurring on or after August 15, 1998, at a redemption
price of 100% of their principal amount plus accrued and unpaid interest to
the redemption date.





Salomon Brothers Inc






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