AGCO | Red River Farm Network

Ag Equipment Industry Outlook Highlighted at Commodity Classic

Published March 4, 2021

The major ag equipment brands were represented in a virtual roundtable discussion at Commodity Classic. AGCO Vice President Bill Hurley addressed the customer’s 'right to repair.' Hurley said the issue is complicated by emissions and safety standards. "If something is…

New Challenger Track Tractor

Published December 21, 2020

AGCO has introduced an all-new Challenger MT800 series of track tractors. The line up offers more horsepower efficiently while improving in-field performance. The MT800 series will be available in 2021.

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Increase in Q3 Sales for AGCO

Published November 7, 2020

AGCO, a farm machinery manufacturer, is reporting an 18.4 percent increase in its third quarter net sales over one year ago at $2.5 billion. Net income for the quarter is $158.1 million. AGCO Chairman and CEO Martin Richenhagen says AGCO’s…

Latest News Ag Business

Planter Promoted at Plot Day

Published September 7, 2020

Butler Machinery showcased its lineup at a field day near Davenport, North Dakota Wednesday. Director of Ag Business Mark Madson cited the new design for the Fendt Momentum planter. "Compaction certainly becomes part of any conversation in row crops and…

Latest News Ag Business

AGCO Reports Lower Q2 Net Income

Published August 2, 2020

AGCO is reporting second quarter net income of $60 million on gross sales of more than $2 billion. That’s down 42 percent from one year ago. Net income for the six months ending June 30 is reported at $126.3 million…

Latest News Ag Business

Lower Q1 Net Global Sales For AGCO

Published May 6, 2020

AGCO is reporting fiscal year first quarter net income of $66.3 million. AGCO’s net global sales are $1.9 billion, down about 3.4 percent from the first quarter last year. According to AGCO Chairman, President and Chief Operating Officer Martin Richenhagen,…

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A Precision Agriculture Collaboration

Published July 19, 2019

Land O’Lakes SUSTAIN and AGCO are working together promote precision agriculture tools. Land O’Lakes SUSTAIN provides farmers the resources to track progress on every acre they farm. The new collaboration with AGCO builds on an existing relationship between the equipment…

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AGCO Reports Slow Recovery in Farm Equipment Demand

Published May 6, 2019

AGCO reports net income of $65 million in the first quarter. That compares to just over $24 million in the same quarter last year. According to AGCO officials, the North American tractor sales are expected to increase modestly this year…

Latest News Ag Business

AGCO Reports Decent Fourth Quarter Sales

Published February 5, 2019

AGCO reports fourth quarter net sales of $2.6 billion, an increase of 2.6 percent from last year’s fourth quarter. Full year net sales are reported at $9.4 billion, an increase of 12.6 percent from 2017. Full year expenses are reported…

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A Strong Third Quarter for AGCO

Published October 30, 2018

AGCO is reporting net third quarter sales of $2.2 billion. Net sales are up 11.5 percent from the same quarter one year ago. Net sale for the first nine months of AGCO’s fiscal year are $6.8 billion. This is 17…

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Articles tagged under: AGCO

Ag Equipment Industry Outlook Highlighted at Commodity Classic

New Challenger Track Tractor

Increase in Q3 Sales for AGCO

Planter Promoted at Plot Day

AGCO Reports Lower Q2 Net Income

Lower Q1 Net Global Sales For AGCO

A Precision Agriculture Collaboration

AGCO Reports Slow Recovery in Farm Equipment Demand

AGCO Reports Decent Fourth Quarter Sales

A Strong Third Quarter for AGCO

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