Pricing Supplement Dated:  March 9, 2009	Rule 424(b)(3)
(To Prospectus Supplement Dated February 26, 2009 to Prospectus Dated May 7, 2008)	File No. 333-150486
Pricing Supplement No.  1

U.S. $1,500,000,000

JOHN DEERE CAPITAL CORPORATION
JDCC CORENOTESSM
DUE NINE MONTHS OR MORE FROM DATE OF ISSUE

Fixed  Rate Note CUSIP  Number	Price to  Public (%)	Price to  Purchasing  Agent (%)	Fixed Interest  Rate per  Annum (%)	Interest  Payment  Frequency	Interest Payment  Dates	Survivor’s  Option	Stated  Maturity Date
24424CAA9	100.000	99.600	4.000	Semi-Annual	March and September 15 of each year, beginning September 15, 2009	YES	March 15, 2011

Floating  Rate Note  CUSIP  Number	Price to  Public	Price to  Purchasing  Agent	Floating Rate  Index Maturity  and Spread	Interest Reset  Dates	Interest  Payment  Frequency	Interest  Payment  Dates	Survivor’s  Option	Stated  Maturity  Date
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Redemption Information:  Non-Callable

The debt is not guaranteed under the Federal Deposit Insurance Corporation’s Temporary Liquidity Guarantee Program. The notes offered hereby are not insured by the Federal Deposit Insurance Corporation or any other governmental agency. Investing in these notes involves risks (See “Risk Factors” in our Annual Report of Form 10-K filed with the SEC).

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John Deere Capital Corporation	Trade Date: March 13, 2009 Settlement Date: March 18, 2009 Other Terms: None	John Deere Capital Corporation JDCC CoreNotesSM
	Agent: Merrill Lynch & Co.
	The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting the SEC Web site at www.sec.gov. Alternatively, the issuer or Merrill Lynch & Co. will arrange to send you the prospectus if you request it by calling Merrill Lynch & Co. at 866-500-5408.
		CoreNotesSM is a service mark of Merrill Lynch & Co.

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