The head of farm equipment manufacturer AGCO, Martin Richenhagen, recently sat down with Reuters as part of their "Economy 2012" series.

In the interview, Richenhagen shares how he sees a variety of major events of 2012 effecting AGCO and the farm equipment industry in general. Those events include the European debt crisis and the drought in the US.

Richenhagen also weighs in with his thoughts on the 2012 U.S. presidential election. See video below for the interview.