DEERE JOHN CAPITAL CORP
8-K, 2000-08-15
SHORT-TERM BUSINESS CREDIT INSTITUTIONS
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_______________________________________________________________


              SECURITIES AND EXCHANGE COMMISSION

                    Washington, D.C.  20549
                          _________

                          FORM 8-K

                       CURRENT REPORT


          Pursuant to Section 13 or 15(d) of the

             Securities Exchange Act of 1934


             Date of Report:  August 15, 2000
            (Date of earliest event reported)


              JOHN DEERE CAPITAL CORPORATION
     (Exact name of registrant as specified in charter)

                          DELAWARE
         (State or other jurisdiction of incorporation)

                           1-6458
                  (Commission File Number)

                         36-2386361
              (IRS Employer Identification No.)

                          Suite 600
                First Interstate Bank Building
                     1 East First Street
                     Reno, Nevada  89501
      (Address of principal executive offices and zip code)

                       (702) 786-5527
      (Registrant's telephone number, including area code)

 ____________________________________________________________
(Former name or former address, if changed since last report.)

_______________________________________________________________



<PAGE>

Item 5.    Other Information Events.

    John Deere Capital Corporation's (JDCC's) net income was
$40.5 million for the third quarter and $109.1 million for the
first nine months of 2000, compared with $50.2 million and
$124.1 million, respectively, last year. These decreases were
primarily due to lower income from the sale of retail notes and
higher operating expenses, partially offset by higher income on
a larger average receivable and lease portfolio.

    Net receivables and leases financed by JDCC were $7.783
billion at July 31, 2000, compared with $7.170 billion one year
ago. The increase resulted from acquisitions exceeding
collections during the last twelve months. This was partially
offset by sales of retail notes during the same period. Net
receivables and leases administered, which include receivables
previously sold, totaled $9.981 billion at July 31, 2000,
compared with $9.391 billion at July 31, 1999.



Item 7.  Financial Statements, Pro Forma Financial Information
         and Exhibits.

         (c)  Exhibits

              (99)   Press release and additional
                     information of Deere & Company.


                            Page 2


<PAGE>

                          Signature


    Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereto duly authorized.



                                JOHN DEERE CAPITAL CORPORATION



                                By:    /s/ Michael A. Harring
                                       _________________________
                                       Michael A. Harring,
                                       Secretary


Dated:  August 15, 2000




                           Page 3

<PAGE>

                        Exhibit Index




Number and Description of Exhibit


(99)  Press release and additional information of
      Deere & Company (Incorporated by reference
      to Deere & Company Current Report on Form 8-K
      dated August 15, 2000, file number 1-4121).

                           Page 4
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