AGCO’s third quarter was met with a negative market reaction, as the company missed Wall Street’s revenue expectations and reported a 4.7% year-over-year sales decline. Management cited persistent industry headwinds, including elevated grain inventories and pressure on commodity prices, as key factors behind the softer demand, particularly for large agricultural equipment in North America. CEO Eric Hansotia was clear about the challenges, noting that “farmers around the globe remain cautious on capital spe ...