AGCO reported its earnings for the full year 2022 on Feb. 7, showing a record $12.65 billion in total revenue, $2.12 billion in South America revenue and $369.8 million in “work in process” (WIP) inventories.
Looking at the small farm niche, Massey Ferguson has updated its portfolio of agricultural solutions in Brazil and introduced the MF 4400 series in December.
AGCO has named Carlo Martorano as its purchasing director for South America. The executive will report to the president of AGCO South America, Luis Felli, and the senior vice president of Global Purchasing, Josip Tomasevic.
AGCO used one of Brazil’s largest and most popular ag equipment exhibitions, Agrishow, to announce the company will begin selling Fendt machinery in Brazil.
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There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.