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I think the agricultural sector will become much more autonomous in the future. However, as machinery is becoming more and more expensive, I think the trend will be towards renting the required equipment. Another option for farmers will be sharing, i.e. the joint purchase of machinery.
As the world's population continues to grow, more food will be needed. This should benefit the sector.
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@Tenbagger2024 Uhhhhhh, that's old 😂
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@TradingHase
But a good fit for the company
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@TradingHase Farmers already share the machines, which is common practice.
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I have held Agco in my portfolio for years and am very satisfied with it
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@Stefania
I think German farmers prefer to drive Fendt
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Fendt belongs to Agco😉
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@Stefania
Yes, I know my dear
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@Tenbagger2024 Absolutely right ✅ 😆
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