DE · News · 20260821N

Labor Contract Negotiations

DEERE & CO · 2026-08-21 · Importance 31 · Surprise 42 · In source text

The United Auto Workers is scheduled to vote on August 23, 2026, on Deere’s proposed two-year contract extension. The union’s counteroffer reportedly exceeds Deere’s proposal and follows a month-long strike in the prior month. Deere is optimistic about an agricultural equipment market turnaround in 2027 and beyond, which may influence negotiations over future labor costs and terms.

Key facts

The United Auto Workers union was scheduled to vote on Sunday, August 23, on a two-year contract extension proposed by John Deere. source
The union's counteroffer significantly exceeds Deere & Company's proposal. source

Impact estimates

metric	direction	stage	expected	basis
operating_income	negative	probable	—	The United Auto Workers union was scheduled to vote on Sunday, August 23, on a two-year contract extension proposed by John Deere.