Market Demand

Duluth, Georgia – October 29, 2026 -- AGCO reported third-quarter 2026 net sales of $2.3 billion, down 8.6% year-over-year, as weak demand in Europe/Middle East and Latin America outweighed a 35.1% constant-currency sales jump in North America. Excluding a 0.1% favorable currency effect, sales declined 8.7%.

Reported earnings were $0.75 per share, against $4.09 in the third quarter of 2025. Adjusted earnings fell to $1.05 per share from $1.35.

AGCO targets $5.50 adjusted EPS on $9.8-$10.0 billion in 2026 sales

The company projects adjusted operating margin of about 7.0%. It plans to align production volumes with dealer inventory and market demand, supported by pricing discipline and cost controls. The outlook reflects tariff policies as of October 29, 2026, and AGCO warned that any policy changes could affect the projections.

Louisville – – October 29, 2026 -- Equip Exposition sold out its 1.3 million square feet of exhibit space for a fifth consecutive year and drew approximately 30,000 attendees to Louisville, Kentucky, on October 21-23. Registered attendance grew across key demographic categories, according to organizer Outdoor Power Equipment Institute (OPEI).

Show draws landscape and equipment buyers despite rising fuel prices and interest rates

OPEI President and CEO Kris Kiser said attendees came despite rising fuel prices, higher interest rates and other pressures. He said that when times are tough, "Equip is the place to be to talk to others who are going through the same things." The audience included landscapers, designers, tree care and irrigation professionals, and outdoor power equipment manufacturers and dealers.

Trade Show Executive magazine ranked Equip the third largest trade show in the U.S. for 2025.