Argentina’s National Institute for Statistics and Census (Indec) reports that during the first quarter 2020, 228 combines were sold. This was down 23% year-over-year in units, but up 7.8% in value. Tractors sales reached 1,083 units, down 8.5% in units, but up 35.4% in value. Seeder unit sales reached 223, down 2.2% in units but up 63.8% in value. The difference between value and unit sales is due to Argentinian inflation.
The Argentinean Chamber of…
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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.
