German Ag Equipment Industry Reports Record Production in 2020

According to a report from VDMA, agricultural machinery and tractor manufacturers producing in Germany achieved record sales in the past year. With production up 5% to €9 billion ($10.9 million), the industry reached a new all-time high in 2020. "Even in times of crisis, agricultural products and food are in high demand. Agriculture and agricultural machinery are considered systemically relevant. This benefits farmers, consumers and our industry," says Dr. Bernd Scherer, managing director of VDMA…

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