PROSPECTUS and PRICING SUPPLEMENT NO. 31
PROSPECTUS SUPPLEMENT, effective at 3:10 PM ET
each Dated July 13, 1995 Dated August 21, 1996
CUSIP: 24422EGV5 Commission File No.: 33-60383
Filed pursuant to Rule 424(b)(3)
U.S. $208,850,000
JOHN DEERE CAPITAL CORPORATION
MEDIUM-TERM NOTES, SERIES C
due from 9 Months to 30 Years from Date of Issue
(Senior Floating Rate Notes)
Original Issue Date: 26 August 1996
Maturity Date: 26 August 1998
Issue Price: 100%
Issue Size: $100,000,000
Interest Rate Basis: Federal Funds Rate
Spread: Plus 15 basis points (0.15%)
Interest Determination Date: The Business Day preceding each
Interest Reset Date
Initial Interest Determination Date: 23 August 1996
Day Count Convention: Actual/360
Interest Reset Dates: Each Business Day to, but
excluding the Maturity Date,
commencing 26 August 1996
Interest Payment Dates: 26th of February, May, August and
November of each year
Plan of Distribution: Merrill Lynch & Co. has purchased
the Senior Floating Rate Notes as
principal at a price of 99.90586%
of the aggregate principal amount
of the such Notes.
Merrill Lynch & Co.
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