Argentina’s president Maurcio Macri announced in July a new credit line for the ag machinery manufacturing sector. Macri announced a rate of 23% per year for 5 year loans to be offered by the country’s Bank of Investment and Foreign Trade. For perspective, Argentina’s Central Bank rate reference is currently at 40%. In addition, Argentinian ag machinery manufacturers will receive support to export its equipment to subsidiaries…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
