U.S. $664,542,000 JOHN DEERE CAPITAL CORPORATION JDCC CORENOTESSM DUE NINE MONTHS OR MORE FROM DATE OF ISSUE Investing in these notes involves risks (see "Risk Factors" in our Annual Report on Form 10-K filed with the SEC). Pricing Supplement Dated: January 10, 2011 (To Prospectus Supplement Dated February 26, 2009 to Prospectus Dated May 7, 2008) Pricing Supplement No. 23 Rule 424(b)(2) File No. 333-150486 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 24424CBQ3 100.000 99.375 1.600 SEMI-ANNUAL July and January 15 of each year, beginning July 15, 2011 YES January 15, 2014 Redemption Information: Non-Callable John Deere Capital Corporation Trade Date: Friday, January 14, 2011 Settlement Date: Thursday, January 20, 2011 Other Terms: None Purchasing Agent: Incapital LLC 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 or by visiting InterNotes.com. Alternatively, the issuer or Incapital LLC will arrange to send you the prospectus if you request it by emailing info@incapital.com. Incapital LLC will serve as Purchasing Agent for the JDCC CoreNotes program established pursuant to the prospectus supplement dated February 26, 2009 to the prospectus dated May 7, 2008. John Deere Capital Corporation JDCC CoreNotesSM CoreNotesSM is a service mark of Merrill Lynch & Co., Inc.