AGCO Corp at Morgan Stanley Laguna Conference Transcript

Sep 12, 2023 / 08:25PM GMT
Unidentified Analyst -

Good afternoon, everyone. Thank you for joining us, and welcome to AGCO. We have Damon Audia, CFO; and Greg Peterson, VP of IR. Again, gentlemen, thank you for joining us for this conference.

Questions and Answers:

Unidentified Analyst -

So let's just dive right in. I think we've seen in a lot of meetings, a lot of questions around the cycle and the durability of it, right? So maybe high level, would love to just get your thoughts from an industry perspective, how are you kind of seeing as we think about heading into 2024. And then, after that, we'll dive into some specifics around AGCO and your order book, how that kind of informs your view as well.

Damon J. Audia - AGCO Corporation - Senior VP & CFO

Yes. So I think, [Angel], at the highest level, the fundamentals are very strong. Again, we think at a macro level, the population is growing from 8 billion to 10 billion. The middle class is growing around the world. And generally speaking, when a middle class grows, their diets consume more protein. So
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