I have done some research on this myself and I have not found an answer to this question. The best i can come up with is as follows from the web site below.
Why are John Deere tractors green and yellow? No one really knows. The earliest color illustration of Deere equipment with the green and yellow color scheme is of a Deere sulky plow in the 1905 Deere & Webber catalog. There are probably earlier implements painted in this color scheme, but we haven't been able to verify that.
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Today's Featured Article - A Tractor's Point of View - by John Manley. I began my life on August 3,1941. I was actually built at different times and days but I was officially an M Farmall on August 3.I was real nice and shiny. That�s me, in the old picture, third from the left. I was loaded on that train and sent to a little town in South Carolina. I didn�t get to see much of that town. I was moved off the train fast and on to the dealer�s
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