Data & Forecasts

AGCO’s 3Q16 Nets Sales Rise 1.5%

AGCO (NYSE:AGCO) a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $1.8 billion for the third quarter of 2016, an increase of approximately 1.5% compared to net sales of approximately $1.7 billion for the third quarter of 2015.
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Charlie Glass

September 2016 Tractor & Combine Analysis

Supply and demand is alive and well in the U.S. agricultural economy. Harvest of U.S. crops has begun and brings with it a great expectation of a record yields. Like a huge seesaw, high demand for a commodity elevates the prices customers are willing to pay for that product and when there is an excess worldwide inventory, prices fall to meet the slowing demand.
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