PROSPECTUS AND PRICING SUPPLEMENT NO. 23
PROSPECTUS SUPPLEMENT, Effective at 11:08 AM ET
each dated July 13, 1995 March 13, 1996
CUSIP: 24422EGN3 Commission File No.: 33-60383
Filed pursuant to Rule 424(b)(3)
U.S. $733,850,000
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: $50,000,000
DATE OF ISSUE: March 15, 1996
MATURITY DATE: March 15, 2001
INTEREST RATE: 6.35% PER ANNUM
REDEMPTION PROVISIONS: NONE
PLAN OF DISTRIBUTION: Deutsche Morgan Grenfell/
C. J. Lawrence Inc. has purchased
the Senior Notes as principal at
a price of 99.663% of the
aggregate principal amount of the
Senior Notes.
Deutsche Morgan Grenfell
\\jd90fin1\treasury\finance\mtn\jdccfix.doc