DEERE JOHN CAPITAL CORP
424B3, 1996-06-19
MISCELLANEOUS BUSINESS CREDIT INSTITUTION
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PROSPECTUS AND			PRICING SUPPLEMENT NO. 26
PROSPECTUS SUPPLEMENT,		Effective at 2:25 PM ET
each dated July 13, 1995	June 19, 1996
CUSIP: 24422EGR4			Commission File No.: 33-60383
					Filed pursuant to Rule 424(b)(3)


		U.S. $533,850,000

	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 March 15, September 15, 							and at Maturity

PRINCIPAL AMOUNT:				$100,000,000

DATE OF ISSUE:				June 24, 1996

MATURITY DATE:				June 24, 1997

INTEREST RATE:				5.95% PER ANNUM

REDEMPTION PROVISIONS:			NONE

PLAN OF DISTRIBUTION:			Salomon Brothers Inc has purchased
						the Senior Notes as principal at 
						a price of 99.987% of the
						aggregate principal amount of the
						Senior Notes.






Salomon Brothers Inc
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