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…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
