The latest report from Brazil’s Anfavea reveals that year-over-year tractor sales in March fell by 1.3% to 2,823 units but increased 44.5% vs. February. In March 2,859 tractors were sold in Brazil vs. 1,952 in February. Sales of grain combines, on the other hand, reached 593 units in March 2019, a 5.9% increase vs. February and 41.5% compared to the 419 units in March 2018.
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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.
