_______________________________________________________________


              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:  February 13, 2001
            (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.)

_______________________________________________________________





Item 5.    Other Information Events.

John Deere Capital Corporation's (JDCC's) net income was
$44.5 million for the first quarter of 2001, compared with $36.2
million last year. First quarter results benefited from higher
income on a larger average receivable and lease portfolio and
higher income from increased sales of retail notes, partially
offset by higher selling and administrative expenses related to
the larger portfolio.

Net receivables and leases financed by JDCC were $7.826
billion at January 31, 2001, compared with $7.335 billion one
year ago. The increase resulted from acquisitions exceeding
collections during the last 12 months, partially offset by sales
of retail notes. Net receivables and leases administered, which
include receivables previously sold, totaled $10.236 billion at
January 31, 2001, compared with $9.432 billion one year ago.





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

         (c)  Exhibits

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


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                          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:  February 13, 2001




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                        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 February 13, 2001, file number 1-4121).

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