PROSPECTUS and	PRICING SUPPLEMENT NO. 1
PROSPECTUS SUPPLEMENT, each	Dated June 9, 2008
Dated May 7, 2008	Commission File No.: 333-150486
CUSIP: 24422EQS1	Filed pursuant to Rule 424(b)(3)

U.S. $15,000,000,000

JOHN DEERE CAPITAL CORPORATION

MEDIUM-TERM NOTES, SERIES D

due from 9 Months to 30 Years from Date of Issue

Original Issue:	June 12, 2008
Maturity Date:	June 10, 2011
Principal Amount:	$600,000,000
Interest Rate Basis:	USD-LIBOR-Reuters
	(Reuters Page LIBOR01)
Index Maturity:	3 Month
Spread:	LIBOR + 75 bps
Initial Interest Determination Date:	June 10, 2008
Day Count Convention:	Actual/360
Interest Reset Dates:	Quarterly on the 10th (or next Business Day) of March, June, September, and December beginning September 10, 2008
Interest Determination Dates:	Two London Business Days preceding such Interest Reset Dates
Interest Payment Dates:	Quarterly on the 10th (or next Business Day) of March, June, September, and December commencing on September 10, 2008
Interest Payment Date Convention:	Modified Following, Adjusted
Redemption Provisions:	None
Denominations:	$1,000

Plan of Distribution:		Principal Amount
	Name	Of Notes
	Banc of America Securities LLC	$	210,000,000
	Citigroup Global Markets Inc.	210,000,000
	Lazard Capital Markets LLC	90,000,000
	Santander Investment Securities Inc.	90,000,000
	Total	$	600,000,000
	The above Agents have severally agreed to purchase the respective principal amount of Notes, opposite their names as principal, at a price of 99.850%.
Banc of America Securities LLC Citigroup Global Markets Inc. Lazard Capital Markets LLC Santander Investment Securities Inc.
Banc of America Securities LLC and Citigroup Global Markets Inc. are acting as Joint Book-Running Managers.