New Challenger Track Tractor
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.
Articles tagged under: AGCO
Increase in Q3 Sales for AGCO
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…
Planter Promoted at Plot Day
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…
AGCO Reports Lower Q2 Net Income
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…
Lower Q1 Net Global Sales For AGCO
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,…
A Precision Agriculture Collaboration
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…
AGCO Reports Slow Recovery in Farm Equipment Demand
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…
AGCO Reports Decent Fourth Quarter Sales
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…
A Strong Third Quarter for AGCO
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…
New Fendt Ideal Combine Makes North American Debut
AGCO has unveiled its new Fendt Ideal combine for the first time in North America. This is the industry’s first “clean-sheet” design of an axial combine in 30 years. This launch took place at the Canada Farm Progress Show in…
