UPDATE 2-Agco beats, but cuts outlook on farm weakness


* Q2 EPS 61 cents; Wall Street view 53 cents * Sees demand for farm equipment continuing to soften * Reiterates interest in possible North American deal * Shares down 1.5 percent (Adds details from conference call, analyst comments and byline; updates shares, recasts throughout) By James B. Kelleher CHICAGO, July 28 (Reuters) - Farm equipment maker Agco Corp posted stronger-than-expected quarterly earnings on Tuesday as improved margins in its North American operations offset a ...

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