Deere Workers Strike for First Time Since 1986

The video discusses a major worker strike at Deere, affecting 36% of its US and Canadian workforce. Despite short-term production risks, the strike is not expected to have a significant financial impact unless prolonged. Supply chain disruptions are a major concern, but Deere has managed well with strong pricing strategies. Wage increases are inevitable, but Deere's leadership in pricing is expected to mitigate cost pressures.

What are some of the short-term headwinds mentioned regarding the strike?

How does the current strike compare to previous labor actions at Deere in terms of duration?

What percentage of Deere's US and Canadian employees are impacted by the strike?

What impact does the strike have on Deere's global workforce?

What factors are contributing to the supply chain issues faced by Deere and other machinery companies?