If Romania’s farmers are to get anywhere near their productive capacity and improve crop yields, they will need to purchase 5,000 new tractors a year, according to George Stanson, business manager at Case IH & Steyer Balkans. He estimates that 1,800-1,900 new tractors will be sold in Romania this year.
Stanson is quoted in a Balkans.com Business report as estimating that 100,000-150,000 farmers in Romania continue to utilize obsolete tillage equipment on their farms.
The…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
