The CEO of India’s second largest tractor manufacturer, TAFE (Tractor and Farm Equipment Ltd.), who is AGCO’s largest shareholder, has reached an agreement with AGCO that would limit her stake in the world’s third largest ag equipment maker.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.