PROSPECTUS AND			PRICING SUPPLEMENT NO. 27
PROSPECTUS SUPPLEMENT,		Effective at 9:42 AM ET
each dated July 13, 1995	June 25, 1996
CUSIP: 24422EGS2			Commission File No.: 33-60383
					Filed pursuant to Rule 424(b)(3)


		U.S. $433,850,000

	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:				$100,000,000

DATE OF ISSUE:				June 28, 1996

MATURITY DATE:				June 30, 1997

INTEREST RATE:				5.95% PER ANNUM

REDEMPTION PROVISIONS:			NONE

PLAN OF DISTRIBUTION:			J. P. Morgan Securities Inc.
has purchased the Senior Notes as 
principal at price of 99.983% of 
the aggregate principal amount of 
the Senior Notes.




J. P. Morgan Securities Inc.
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