Sales of all farm machinery reported by Argentina’s National Institute of Statistics and Census (Indec) registered a decline of 8.7% during the third quarter of 2018 compared to the same period of 2017. Overall revenue reached nearly AR$7.5 billion ($199.1 million at current exchange rates). The unit sales drop was more significant for harvesters (102 units), which declined 65.1%, while tractor sales (1,335 units) dropped 53.9%. Agricultural implements (1,388 units) decreased 35.4% and seeder sales…
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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.
