AGCO sees Q3 EPS 75c-80c May not compare to Q3 EPS consensus $1.29. Says L-T agricultural fundamentals are 'solid.' Says demand in Brazil has been negatively impacted by government funding delays. Sees Q3 production volume to be down about 10%. Says lowered FY14 industry unit retail tractor sales forecasts across North America, South America and Western Europe. Says assuming more normal weather conditions, the company is looking for some recovery in the U.K. and parts of Europe for the segment. Expects to hold gross margin at FY13 levels. Says Q3 sales volume are expected to decrease. Comments taken from the company's Q2 earnings conference call.
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