May 12, 2022 / 02:30PM GMT
Jerry David Revich - Goldman Sachs Group, Inc., Research Division - VP
Good morning, everyone. Welcome to the fireside chat with AGCO Corporation. I'm Jerry Revich from Goldman Sachs, and I'm delighted to have with us Andy Beck, Chief Financial Officer; Greg Peterson, Vice President, Investor Relations. Andy, Greg, thank you very much for joining us today.
Andrew H. Beck - AGCO Corporation - Senior VP & CFO
Thanks, Jerry, and we appreciate the opportunity.
Questions and Answers:
Jerry David Revich - Goldman Sachs Group, Inc., Research Division - VPSo we're going through our conversation in a fireside chat format. (Operator Instructions)
Andy, Greg, as a starting point for the conversation, it's really interesting to see where your margins are today, above the levels that the company was able to deliver at the peak of the ethanol cycle on much lower volumes in a lot of your key markets.
As you look at the business today from the last cycle, how do you think about the breakout of drivers