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AGCO South America Investments Pay Off, WIP Orders Continue to Climb

According to AGCO’s July 28 earnings report, the company reported its second-highest 6-month South America revenue in the last decade, as well as a continuously growing stockpile of work in process orders. Overall, the company saw a 2.3% year-over-year increase in its second quarter total revenue to $2.9 billion, while total revenue for the first half of the year was up 7.1% to $5.6 billion.

S.A. Sales Up

At an analyst meeting in March 2021

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