The chief economist for the world’s largest farming and agricultural equipment and machinery manufacturer will be the featured speaker on Tuesday afternoon at the Quad-Cities Chamber of Commerce, according to the Quad-City Times.
The presentation delivered by J.B. Penn, top economic official at John Deere, will be part of the Chamber’s 2011 Economic Forecast. The speech will begin at 4:30 p.m. at John Deere World Headquarters in Moline.
Formerly an undersecretary for farm and foreign agricultural services with the U.S. Agriculture Department, Penn also served as deputy administrator for economics and he was the senior staff economist while with the President’s Council of Economic Advisors.
After he left public service with the federal government, Penn worked for more than two decades in the private sector.
The 2011 Economic Forecast is open to the public and organizers encourage attendees to consider the small size of the venue hosting the speech.
The cost for Chamber members is $15 while non-members will be charged $20 to attend the forecast.
Deere recently opened a new front by investing $100 million to reach into the Indian market. The Deere economic teamed views that market as fertile.