On a year-over-year basis, both AGCO and CNH reported pretty good numbers in their third-quarter earnings announcements earlier this month. But the two ag equipment manufacturers presented highly divergent outlooks for the fourth quarter and all of 2012.
AGCO, with more of its sales centered on livestock, dairy and poultry producers that were slammed by the drought, scaled back its sales and profit forecasts for the full year, as its third quarter results came in…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
