Investments in agricultural machinery continue to grow in Argentina, even with low commodity prices. Data from Argentina’s National Institute of Census and Statistics (INDEC), tractor unit sales grew 37% in the third quarter, while sales of combines jumped 33% year-over-year. The unit sales of seeders and ag implements grew by 11% and 5%, respectively.
Tractors represented the largest revenue for manufacturers in Argentina with 45.1% of total sales, or…
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