Farm equipment makers slide as US regulators probe raises scrutiny concerns

AGCO

07/10/2026 20:03

** Shares of farm-equipment makers fall on concerns over increased US regulatory scrutiny of dealer networks and repair practices
** The U.S. Federal Trade Commission and the U.S. Department of Agriculture are seeking comments on whether farm-equipment makers and dealers engage in practices that restrict competition and repair access
** The inquiry also focuses on dealer network restrictions and consolidation, areas that could draw broader regulatory scrutiny of the agricultural equipment industry
** Caterpillar CAT.N falls 6% to $811.44, ranking among the S&P 500's biggest losers
     ** CNH Industrial CNH.N down 6% at $12.47, Deere DE.N  dips 3.5% to $658.90 and AGCO Corp AGCO.N falls 6.3% to $108.91 in afternoon trading
** Including session's move, S&P Composite 1500 Agricultural and Farm Machinery index .SPCOMAGFM up 42.6% YTD

 (Reporting by Apratim Sarkar in Bengaluru)
 ((Apratim.Sarkar@thomsonreuters.com))