(Reuters) - CHICAGO, March 30 - The top executive at U.S. farm machinery maker Agco Corp. said on Friday that the North American agricultural business was "looking very, very good" and that his company might review its forecast for 2007 industry sales as a result.
In an exclusive interview with Reuters following the release of a stronger-than-expected U.S. government report on farmers' planting intentions, Agco Chief Executive Martin Richenhagen said the recent run-up in prices of corn, soybeans and other commodities was giving farmers confidence to buy equipment -- and that the rebound would continue.
Read more at Reuters.com Market News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment