21 Global Behemoths Reveal What's Really Going On In The World Economy

In this round of our review of mega-companies earnings call transcripts, there seem to be two clear winners: "emerging markets" and agriculture.

In particular, China is "back" (if it ever went away...), and Mexico and Brazil are well down the path of creating a buoyant middle class.

And within ag, extreme weather conditions are forcing farmers to make new purchases and adjust their production methods.

But the rest of the world faces a cloudy 2013.

We compiled earnings transcripts from Bloomberg and selected the juiciest portions for your consumption.