AGCO Corp. (AGCO) shares lost 18.9% last year compared with the industry’s fall of 10.8%. This mainly reflects reduced sales volume, declines in production levels and low commodity prices. Image Source: Zacks Investment Research Let us take a look into the factors that are ailing this Zacks Rank #5 (Strong Sell) stock.Lower Sales Volume: In North America, industry retail sales for the first quarter of 2024 declined year over year after being down in 2023 . The decline was due to lower sales of smaller equip ...

DULUTH, Ga., June 12, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today several new locations opened this year in its Production Ag and Rural Lifestyle dealership networks. These new locations will provide farmers and homeowners in the United States and Canada with greater access to sales, services and support of AGCO's popular agriculture equipment brands, including Fendt® an ...

Certain agriculture stocks may experience growth this summer as the sector stabilizes following years of disruptions and benefits from emerging factors. Agriculture will also likely be at the forefront of addressing climate change challenges, creating investment opportunities in supply sectors as investors will consider which agriculture stocks to buy.The sector had not managed to recover from the pandemic before being hit by the war in Ukraine. High fuel and input costs, coupled with consumer inflation, hu ...

DULUTH, Ga., June 4, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology today welcomed the announcement of Parallel Ag's merger with the A.C. McCartney Equipment dealership in Illinois, including all five of its locations in Carthage, Durand, Fulton, Mt. Sterling and Wataga. All Illinois locations will continue to operate under the A.C. McCartney Equipment name and maintain existing leadership ...

blinow61AGCO: A Stock To Consider David versus Goliath. This is how many viewed NYSE:AGCO's strategy to take market share from Deere in the U.S. by pushing Fendt sales. As a matter of fact, AGCO has seriously challenged Deere (DE) in North America, giving birth to "The Green Tractors Battle". After all, AGCO couldn't stay idle before the margins North America allows. Now, oligopolies are often a good place for investors. They have two main advantages: a few big players control most of the market, but re ...

AGCO Corp. (AGCO) announced that it invested in the Innova Ag Innovation Fund VI of venture capital firm, Innova Memphis. This move is consistent with AGCO's strategy to support the next generation of farming with modern technologies that offer a more automated, digitized, and sustainable future for agriculture.The transaction marks the first fund investment executed by AGCO Ventures, AGCO's recently launched corporate venture capital initiative.The Innova team strongly supports early-stage entrepreneurs wh ...

DULUTH, Ga., May 22, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced its recent investment in the Innova Ag Innovation Fund VI of venture capital firm, Innova Memphis. This fund investment is the first executed by AGCO's recently launched corporate venture capital initiative, AGCO Ventures. The deal aligns with AGCO's approach to support the next generation of farming through advanced s ...

Scharfsinn86/iStock via Getty Images The global agricultural sector is at a technological tipping point. Advances in automation and precision farming are rapidly disrupting traditional production processes and forcing producers to adapt to stay competitive. While small-scale producers who lack financial strength and technological know-how may struggle to keep pace with rapidly evolving technologies, this paradigm shift promises to meaningfully enhance productivity and profitability across the agricultural i ...

DULUTH, Ga., May 20, 2024  /PRNewswire/ -- AGCO Corporation, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 22, 2024. The conference will include a fireside chat with Eric Hansotia, Chairman, President and Chief Executive Officer, and Damon Audia, Senior Vice President and Chief Financial Of ...

Arrangement Also Allows Employees, Dealers and Others to Directly Support Response EffortDULUTH, Ga., May 14, 2024 /PRNewswire/ -- In the wake of the catastrophic floods in the Rio Grande do Sul state in Brazil, the AGCO Agriculture Foundation (the "Foundation"), a private foundation with the vision to prevent and relieve hunger through sustainable agriculture development, is donating $100,000 to the BrazilFoundation and standing up a donor advised fund for others to contribute to humanitarian assistance. M ...