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                                                                    EXHIBIT 23.1


                         INDEPENDENT AUDITORS' CONSENT


The Managing Board
AGCO Finance LLC (formerly Agricredit Acceptance LLC):


We consent to the inclusion of our reports dated January 28, 2000 and January
29, 1999, with respect to the financial statements of Agricredit Acceptance LLC
as of and for the years ended December 31, 1999 and 1998 and the financial
statements of Agricredit Acceptance LLC as of and for the years ended December
31, 1998 and 1997, respectively, which reports appear in the December 31, 1999
annual report on Form 10-K/A of AGCO Corporation.



                                        /s/ KPMG LLP
                                        --------------------------------------
                                        KPMG LLP


Des Moines, Iowa
March 28, 2001