Agco cuts profit hopes as tractor demand 'softens'

The maker of Fendt equipment takes "aggressive actions" to cut costs amid an industry downturn which prompts it to cut profit and revenue forecasts

Fonterra warns farmers as it cuts milk price hopes
The group cautions over farm budgets as it lowers its milk price forecast, acknowledging rising Chinese stockpiles. Will the forecast be cut further?
Tyson sells Brazil, Mexico poultry arms to JBS
Tyson Foods acknowledges its Latin America poultry units "haven't had the necessary scale" as it sells them to its Brazil-based rival
Elders goes on offensive, as suitors circle
The Australian agribusiness unveils plans, under its new chief executive, to accelerate its recovery under its own steam
Starbucks lags in coffee buying despite market dip
The US giant has renewed coffee purchases as bean prices have fallen, but remains behind on hedging compared with last year
Danone upbeat, despite milk price hit to profits
The dairy-to-water giant, flagging the milk price reversal, sticks by full-year growth targets despite a drop in profits in the first half
Agrokultura raises game as investor 'lifts stake'
Agrokultura touts its credentials as a farm operator as it says that a Russian investor swooping on its shares may have struck again
New PotashCorp CEO hands out fistful of upgrades
Jochen Tilk, the PotashCorp boss for three weeks reveals a profits beat and lifts hopes for 2014 earnings, potash margin, world potash volumes...
Nutreco assures on profits despite contract losses
Shares in the feed and meat group extend a revival after it forecasts at least flat full year profits, despite setbacks in Norway and Spain
Farmland Partners has sights on $100m of farmland
The US farm investor says it has already lined up farms to purchase as it unveils a further share sale, after raising cash at its April flotation
North America setbacks slow Syngenta sales growth
The group, citing "adverse" US weather, reports quarterly sales growth of just 1.4% - although this is more than rival DuPont could manage
DuPont highlights threat from crop price falls
A boss at the owner of seed group Pioneer cautions over the knock-on effects of a strong US harvest, but says DuPont remains committed to agriculture
DuPont forecasts better times for flagging ag unit
The group foresees a "strong" finish to the year for the agriculture division, whose poor performance in corn sales drags group profits lower
Monsanto's financial revamp looks better than Syngenta deal

The champion of genetically modified seed has shown skills in financial engineering too. Its planned takeover of Syngenta may not have fared so well

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