Please wait

Спасибо.
В теченее 15 минут c Вами свяжеться наш специалист.
Бесплатный вебинар "Ценовой шок: шанс закупиться или ждать худшего?"

AGCO: time to buy

analytics
15 March 2017 , 11:49

AGCO -  an American agricultural equipment manufacturer, shows symptoms of correctional movement after impulse growth. However, we think there is still growth potential on the basis of our fundamental and technical analysis.

Since the main buyers of rural equipment are located Europe and Brazil, we will analyze the state of crops in these regions.

Abnormal frosts in Europe in January, have caused a losses of several hundred million dollars. However, today the situation is much more favorable for farmers. Frosts did not cause a large percentage of winter wheat losses. The current state of crops is assessed as "satisfactory", which is an usual factor for the European region.

The Brazilian region shows more optimistic data. The harvest of corn and soya has already started. According to preliminary estimates, the status of these crops is assessed as "good." While in the rest of Latin America there is a drought, Brazil is the only country where the weather is more prone to the crop season.

In order to further explore the analysis, as well as the entry point to the position, you can see full details in the personal account of our TSI Trading Pro platform.

TSI RECOMMENDS
TSI community
Sign up to our newsletter

Sign up for our newletter and do not miss any important news
of world of finance!

You can always unsubscribe if you do not like

facebook
Нажмите «Нравится», чтобы читать TSI Analitycs в Facebook
X
Sign up to our newsletter

Sign up for our newletter and do not miss any important news of world of finance!

You can always unsubscribe if you do not like