PROSPECTUS AND PRICING SUPPLEMENT NO. 17
PROSPECTUS SUPPLEMENT, Effective at 9:15 AM ET
each dated September 3, 1996 February 19, 1997
CUSIP: 24422EHN2 Commission File No.: 333-10561
Filed pursuant to Rule 424(b)(3)
U.S. $423,850,000
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,
commencing on March 15, 1997,
and at Maturity
PRINCIPAL AMOUNT: $35,000,000
DATE OF ISSUE: February 24, 1997
MATURITY DATE: February 24, 1998
INTEREST RATE: 15% PER ANNUM
REDEMPTION PROVISIONS: NONE
PLAN OF DISTRIBUTION: Merrill Lynch & Co.
has purchased the Senior Notes as
principal at a price of 109.119% of
the aggregate principal amount of
the Senior Notes.
Merrill Lynch & Co.
\\jd90fin1\treasury\finance\mtn\jdccfix.doc
