Agco chief executive officer Eric Hansotia recently had both good and bad news to share about the demand for new farm equipment.
Tag Archives demand for new machines
Agco worries about outlook for North America
Company says uncertainty caused by actions taken from the U.S. administration has American farmers on edge
Deere beats profit targets
REUTERS — Deere & Co. has beat analysts’ expectations for third-quarter profit as stronger pricing and cost control measures protected its margins from sluggish demand for its farm equipment. U.S. machinery makers have succeeded in maintaining the price increases they implemented two years ago, a move that was prompted by supply chain complications and a […] Read more
