https://www.wsj.com/articles/deere-strike-sows-worry-in-farm-country-11636380002?
U.S. forecasters project net farm income may surge 20% this year, growth that is rippling across agricultural supply chains and reviving demand for new equipment.
Moline, Ill.-based Deere declined to comment on equipment inventories and deliveries.
The reinvigorated farm economy is driving demand for new equipment. Over the first three quarters of Deere’s current fiscal year, its sales climbed 27% over the prior year, and net income more than doubled to $4.7 billion.
Deere dealers said they have already this year managed through shortages of replacement parts and equipment caused by disrupted supply chains that have slowed production and deliveries.
Farmers’ demand for equipment has remained strong in 2021, and new equipment shortages have led farmers to shop the used market. Dealers said a prolonged strike will increase prices and demand for used machines.