AGCO (AGCO)

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Rising Concerns in Food Security: How Agritech and Food Companies Are Responding
Prnewswire· 2024-06-26 14:55
USA News Group CommentaryIssued on behalf of Bee Vectoring Technologies International Inc. VANCOUVER, BC, June 26, 2024 /PRNewswire/ -- USA News Group – Citizens of Portland were covered in smoke this week, after a 4-alarm grease fire destroyed the Shin Shin food factory. This incident followed another fire earlier in June that broke out at the Champlain Beef meat processing plant which is situated between the border of Upstate New York and Vermont, while another chicken factory in Illinois erupted in flame ...
AGCO Tech Days 2024 to Showcase Innovation Across the Crop Cycle Serving Farmers with Mixed Fleets Globally
Prnewswire· 2024-06-21 12:00
DULUTH, Ga., June 21, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is preparing for its annual Tech Days in North America on June 26 and 27, 2024. The event will highlight AGCO's commitment to farmer-focused solutions for the mixed fleet. Those solutions are delivered through a distinguished brand portfolio, including Fendt®, Massey Ferguson®, Valtra and the newest leading precision ag b ...
AGCO Dealership Launches Same-Day Parts Delivery Service
Prnewswire· 2024-06-13 14:00
New service advances FarmerCore capabilities DULUTH, Ga., June 13, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced the launch of AgRevolution's™ same-day delivery service for machinery parts. AgRevolution, an AGCO-owned, full-line agricultural equipment dealer operating in Kentucky, Illinois and Indiana, now offers farmers same-day delivery in as little as two hours for in-stock parts.AGCO De ...
AGCO Corp (AGCO) Declines 19% in a Year: What's Ailing the Stock?
ZACKS· 2024-06-12 16:05
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 ...
AGCO Announces New Production Ag and Rural Lifestyle Dealership Locations in 2024
Prnewswire· 2024-06-12 15:00
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 ...
Harvesting Gains: 3 Agriculture Stocks to Buy Before They Sprout
Investor Place· 2024-06-07 17:12
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 ...
AGCO Welcomes Parallel Ag's Merger with A.C. McCartney Equipment Dealership in Illinois
Prnewswire· 2024-06-04 18:32
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 ...
AGCO: Why I Am Buying
seekingalpha.com· 2024-05-24 15:27
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) Joins Innova to Support Modernized Farming
zacks.com· 2024-05-23 17:10
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 ...
AGCO Invests in Innova Ag Innovation Fund VI to Drive the Next Generation of Farming
Prnewswire· 2024-05-22 12:05
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 ...